Invesco Ltd. Has $3.71 Million Holdings in Natural Grocers by Vitamin Cottage, Inc. $NGVC

Key Points

• Invesco Ltd. has reduced its shareholding in Natural Grocers by Vitamin Cottage by 32.5%, selling 44,329 shares, and now holds 92,157 shares valued at approximately $3.7 million.
• Multiple large investors, such as CWM LLC and Golden State Wealth Management LLC, increased their stakes in Natural Grocers during the first quarter, indicating growing institutional interest in the company.
• The company recently reported quarterly earnings with an EPS of $0.50, surpassing analysts' expectations, and announced a $0.12 quarterly dividend set to be paid on September 17th.

Invesco Ltd. reduced its holdings in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 32.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 92,157 shares of the specialty retailer's stock after selling 44,329 shares during the quarter. Invesco Ltd. owned approximately 0.40% of Natural Grocers by Vitamin Cottage worth $3,705,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NGVC. CWM LLC raised its position in shares of Natural Grocers by Vitamin Cottage by 167.8% during the first quarter. CWM LLC now owns 1,291 shares of the specialty retailer's stock worth $52,000 after acquiring an additional 809 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of Natural Grocers by Vitamin Cottage by 113.4% during the first quarter. Golden State Wealth Management LLC now owns 1,436 shares of the specialty retailer's stock worth $58,000 after acquiring an additional 763 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of Natural Grocers by Vitamin Cottage during the first quarter worth about $72,000. Deutsche Bank AG raised its position in shares of Natural Grocers by Vitamin Cottage by 46.0% during the fourth quarter. Deutsche Bank AG now owns 5,036 shares of the specialty retailer's stock worth $200,000 after acquiring an additional 1,587 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Natural Grocers by Vitamin Cottage by 4.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,366 shares of the specialty retailer's stock worth $213,000 after acquiring an additional 228 shares during the last quarter. 31.99% of the stock is currently owned by institutional investors and hedge funds.

Natural Grocers by Vitamin Cottage Trading Up 0.6%

NGVC stock traded up $0.22 during mid-day trading on Tuesday, reaching $38.55. The company's stock had a trading volume of 64,087 shares, compared to its average volume of 203,408. The company has a market cap of $884.72 million, a price-to-earnings ratio of 20.51 and a beta of 1.61. The business's 50 day moving average price is $39.17 and its 200 day moving average price is $42.79. The company has a current ratio of 1.02, a quick ratio of 0.21 and a debt-to-equity ratio of 0.21. Natural Grocers by Vitamin Cottage, Inc. has a 12 month low of $24.99 and a 12 month high of $61.22.

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

Natural Grocers by Vitamin Cottage Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Tuesday, September 2nd will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 2nd. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is 25.53%.

Insider Buying and Selling

In other Natural Grocers by Vitamin Cottage news, insider Lark Isely sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $40.00, for a total value of $80,000.00. Following the completion of the sale, the insider owned 4,682 shares of the company's stock, valued at approximately $187,280. This trade represents a 29.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 4,500 shares of company stock valued at $189,020 over the last ninety days. Company insiders own 58.80% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded Natural Grocers by Vitamin Cottage from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 16th.

Natural Grocers by Vitamin Cottage Company 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.