Dynamic Technology Lab Private Ltd Makes New Investment in Natural Grocers by Vitamin Cottage, Inc. $NGVC

Key Points

• Dynamic Technology Lab Private Ltd has acquired a new position in Natural Grocers by Vitamin Cottage, Inc., purchasing 12,449 shares valued at approximately $500,000 during the first quarter.
• The company recently declared a quarterly dividend of $0.12 per share, with an annualized yield of 1.3%, set to be paid to shareholders on September 17th.
• Natural Grocers reported a quarterly EPS of $0.50, exceeding expectations, with revenue for the quarter totaling $328.71 million against an estimate of $335.01 million.

Dynamic Technology Lab Private Ltd purchased a new position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 12,449 shares of the specialty retailer's stock, valued at approximately $500,000. Dynamic Technology Lab Private Ltd owned about 0.05% of Natural Grocers by Vitamin Cottage at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. 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 worth $10,354,000 after buying an additional 95,434 shares during 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 worth $225,000 after buying an additional 234 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Natural Grocers by Vitamin Cottage by 164.2% during the 1st quarter. AQR Capital Management LLC now owns 48,702 shares of the specialty retailer's stock worth $1,958,000 after buying an additional 30,271 shares during the last quarter. Panagora Asset Management Inc. increased its holdings in shares of Natural Grocers by Vitamin Cottage by 1.2% during the 1st quarter. Panagora Asset Management Inc. now owns 58,402 shares of the specialty retailer's stock worth $2,348,000 after buying an additional 673 shares during the last quarter. Finally, Driehaus Capital Management LLC acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the 1st quarter worth approximately $6,528,000. Institutional investors and hedge funds own 31.99% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded shares of Natural Grocers by Vitamin Cottage from a "buy" rating to a "hold" rating in a report on Friday, September 5th.

Natural Grocers by Vitamin Cottage Trading Up 1.9%

Natural Grocers by Vitamin Cottage stock traded up $0.67 during trading on Tuesday, hitting $36.72. The company had a trading volume of 214,480 shares, compared to its average volume of 240,628. Natural Grocers by Vitamin Cottage, Inc. has a 1-year low of $24.99 and a 1-year high of $61.22. The company has a current ratio of 1.02, a quick ratio of 0.21 and a debt-to-equity ratio of 0.21. The company's 50 day simple moving average is $38.81 and its 200-day simple moving average is $42.20. The stock has a market cap of $842.72 million, a price-to-earnings ratio of 19.53 and a beta of 1.61.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last posted its earnings results on Thursday, August 7th. The specialty retailer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.01. Natural Grocers by Vitamin Cottage had a net margin of 3.31% and a return on equity of 23.47%. The firm had revenue of $328.71 million during the quarter, compared to the consensus estimate of $335.01 million. Natural Grocers by Vitamin Cottage has set its FY 2025 guidance at 1.900-1.950 EPS. As a group, analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Tuesday, September 2nd will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.3%. The ex-dividend date is Tuesday, September 2nd. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is 25.53%.

Insider Activity at Natural Grocers by Vitamin Cottage

In other Natural Grocers by Vitamin Cottage news, insider Lark Isely sold 2,000 shares of the business's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $40.00, for a total value of $80,000.00. Following the completion of the transaction, the insider owned 4,682 shares in the company, valued at $187,280. The trade was a 29.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 58.80% of the stock is currently owned by company insiders.

Natural Grocers by Vitamin Cottage Profile

Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.