Bank of America Corp DE Purchases 42,856 Shares of Natural Grocers by Vitamin Cottage, Inc. $NGVC

Key Points

• Bank of America initiated a stake in Natural Grocers by Vitamin Cottage, buying 42,856 shares worth approximately $1.33 million, or 0.19% of the company.
• Several other institutions—including BlackRock and Bank of New York Mellon—also established positions during the second quarter; institutional investors now own 31.99% of NGVC.
• Natural Grocers recently missed quarterly earnings and revenue expectations, reporting $0.48 in EPS versus $0.52 expected, while maintaining a $0.15 quarterly dividend and receiving a consensus “Moderate Buy” rating with a $43 price target.

Bank of America Corp DE purchased a new stake in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 42,856 shares of the specialty retailer's stock, valued at approximately $1,329,000. Bank of America Corp DE owned approximately 0.19% of Natural Grocers by Vitamin Cottage at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Natural Grocers by Vitamin Cottage during the second quarter valued at $30,766,000. Bank of New York Mellon Corp purchased a new position in shares of Natural Grocers by Vitamin Cottage during the second quarter worth about $5,366,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Natural Grocers by Vitamin Cottage in the second quarter worth approximately $2,751,000. Man Group plc bought a new position in shares of Natural Grocers by Vitamin Cottage in the second quarter worth approximately $2,308,000. Finally, Green Alpha Advisors LLC purchased a new stake in Natural Grocers by Vitamin Cottage in the second quarter valued at approximately $2,004,000. Institutional investors own 31.99% of the company's stock.

Natural Grocers by Vitamin Cottage Stock Down 0.0%

Shares of NGVC opened at $30.45 on Friday. The firm has a market cap of $701.92 million, a P/E ratio of 14.78, a P/E/G ratio of 1.88 and a beta of 1.27. The stock has a 50 day simple moving average of $29.21 and a two-hundred day simple moving average of $29.06. 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 1 year low of $23.47 and a 1 year high of $41.07.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The specialty retailer reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.52 by ($0.04). The business 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. On average, analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 2.1 earnings per share for the current fiscal year.

Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Monday, August 17th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Monday, August 17th. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is 29.13%.

Analyst Ratings Changes

NGVC has been the subject of several research analyst reports. Bank of America started coverage on shares of Natural Grocers by Vitamin Cottage in a research report on Friday, September 18th. They set a "buy" rating and a $35.00 target price for the company. Wall Street Zen cut shares of Natural Grocers by Vitamin Cottage from a "buy" rating to a "hold" rating in a research report on Sunday, September 13th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Natural Grocers by Vitamin Cottage in a report on Monday, August 24th. Finally, Zacks Research upgraded shares of Natural Grocers by Vitamin Cottage to a "hold" rating in a research report on Monday, September 21st. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Natural Grocers by Vitamin Cottage currently has a consensus rating of "Moderate Buy" and a consensus price target of $43.00.

Natural Grocers by Vitamin Cottage Profile

Natural Grocers by Vitamin Cottage, Inc is a specialty retailer focused on natural and organic foods, dietary supplements, and health-oriented products. Its stores offer groceries such as fresh produce, meat, dairy, frozen foods, pantry staples, and bulk items, along with vitamins, nutritional supplements, body care products, and household goods.

The company emphasizes USDA-certified organic and non-genetically modified products, product-quality standards, and nutritional education. Many locations also provide free nutrition classes, educational materials, and guidance from credentialed nutrition professionals as part of the company's focus on supporting healthy lifestyles.

Natural Grocers was founded in 1955 in Golden, Colorado, by Margaret and Philip Isely and remains family operated.

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