Mackenzie Financial Corp Acquires New Shares in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Mackenzie Financial Corp acquired a new position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 13,055 shares of the specialty retailer's stock, valued at approximately $519,000. Mackenzie Financial Corp owned 0.06% of Natural Grocers by Vitamin Cottage at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in NGVC. Golden State Wealth Management LLC acquired a new stake in Natural Grocers by Vitamin Cottage during the 4th quarter worth approximately $27,000. Meeder Asset Management Inc. acquired a new stake in shares of Natural Grocers by Vitamin Cottage in the 4th quarter valued at approximately $28,000. Human Investing LLC acquired a new stake in shares of Natural Grocers by Vitamin Cottage in the 4th quarter valued at approximately $40,000. Van ECK Associates Corp lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 33.3% in the 4th quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer's stock valued at $91,000 after buying an additional 575 shares during the period. Finally, Deutsche Bank AG lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 46.0% in the 4th quarter. Deutsche Bank AG now owns 5,036 shares of the specialty retailer's stock valued at $200,000 after buying an additional 1,587 shares during the period. 31.99% of the stock is owned by institutional investors and hedge funds.

Natural Grocers by Vitamin Cottage Price Performance

Shares of NGVC traded up $0.86 during mid-day trading on Friday, hitting $45.28. The company's stock had a trading volume of 175,721 shares, compared to its average volume of 126,460. The company has a current ratio of 0.96, a quick ratio of 0.15 and a debt-to-equity ratio of 0.28. The firm has a 50-day simple moving average of $47.96 and a 200 day simple moving average of $44.02. The firm has a market capitalization of $1.04 billion, a P/E ratio of 28.84 and a beta of 1.51. Natural Grocers by Vitamin Cottage, Inc. has a 1-year low of $20.00 and a 1-year high of $61.22.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The specialty retailer reported $0.56 EPS for the quarter, beating the consensus estimate of $0.42 by $0.14. The business had revenue of $335.77 million during the quarter, compared to analysts' expectations of $329.66 million. Natural Grocers by Vitamin Cottage had a return on equity of 21.12% and a net margin of 2.84%. Analysts predict 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 company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Tuesday, May 27th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.06%. The ex-dividend date is Tuesday, May 27th. Natural Grocers by Vitamin Cottage's payout ratio is currently 26.97%.

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.