Bank of America Corp DE Acquires 45,338 Shares of Natural Grocers by Vitamin Cottage, Inc. $NGVC

Bank of America Corp DE lifted its holdings in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 235.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 64,605 shares of the specialty retailer's stock after purchasing an additional 45,338 shares during the quarter. Bank of America Corp DE owned approximately 0.28% of Natural Grocers by Vitamin Cottage worth $1,670,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC raised its holdings in Natural Grocers by Vitamin Cottage by 164.2% during the first quarter. AQR Capital Management LLC now owns 48,702 shares of the specialty retailer's stock valued at $1,958,000 after buying an additional 30,271 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Natural Grocers by Vitamin Cottage by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,600 shares of the specialty retailer's stock valued at $225,000 after acquiring an additional 234 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Natural Grocers by Vitamin Cottage by 58.9% during the 1st quarter. Millennium Management LLC now owns 257,564 shares of the specialty retailer's stock valued at $10,354,000 after acquiring an additional 95,434 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Natural Grocers by Vitamin Cottage by 53.9% in the 1st quarter. Jane Street Group LLC now owns 19,051 shares of the specialty retailer's stock valued at $766,000 after acquiring an additional 6,672 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Natural Grocers by Vitamin Cottage by 78.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 22,695 shares of the specialty retailer's stock valued at $891,000 after acquiring an additional 9,974 shares in the last quarter. Institutional investors own 31.99% of the company's stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Natural Grocers by Vitamin Cottage in a research report on Monday, August 24th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $47.00.

Natural Grocers by Vitamin Cottage Stock Performance

Shares of NGVC opened at $27.21 on Friday. The company has a market capitalization of $627.19 million, a PE ratio of 13.21 and a beta of 1.30. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.10 and a quick ratio of 0.25. Natural Grocers by Vitamin Cottage, Inc. has a one year low of $23.47 and a one year high of $41.14. The company's fifty day moving average price is $30.35 and its 200 day moving average price is $28.58.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The specialty retailer reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by ($0.04). The firm had revenue of $334.74 million for the quarter, compared to the consensus estimate of $347.17 million. Natural Grocers by Vitamin Cottage had a net margin of 3.55% and a return on equity of 21.11%. Natural Grocers by Vitamin Cottage has set its FY 2026 guidance at 2.070-2.110 EPS. As a group, analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 2.09 earnings per share for the current year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Monday, August 17th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Monday, August 17th. Natural Grocers by Vitamin Cottage's payout ratio is currently 29.13%.

Natural Grocers by Vitamin Cottage Profile

Natural Grocers by Vitamin Cottage, Inc operates a chain of specialty grocery stores focused on natural and organic products. Founded in 1955 by Margaret and Philip Isely in Lakewood, Colorado, the company has built a reputation on strict product standards, including certified organic produce, non-GMO groceries and dietary supplements. Natural Grocers emphasizes whole, unprocessed foods and carries a broad assortment of private-label and national brands that meet its quality guidelines.

The company's core offerings include fresh fruits and vegetables, bulk foods, vitamins, minerals and nutritional supplements, as well as natural body care and household items.

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