Millennium Management LLC Has $6.44 Million Holdings in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Millennium Management LLC boosted its holdings in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 1,190.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 162,130 shares of the specialty retailer's stock after purchasing an additional 149,568 shares during the quarter. Millennium Management LLC owned approximately 0.71% of Natural Grocers by Vitamin Cottage worth $6,440,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. PFG Investments LLC acquired a new position in shares of Natural Grocers by Vitamin Cottage during the fourth quarter worth $224,000. Golden State Wealth Management LLC acquired a new stake in Natural Grocers by Vitamin Cottage during the 4th quarter worth about $27,000. Empowered Funds LLC raised its position in Natural Grocers by Vitamin Cottage by 4.6% during the fourth quarter. Empowered Funds LLC now owns 15,487 shares of the specialty retailer's stock valued at $615,000 after buying an additional 675 shares during the period. Van ECK Associates Corp increased its stake in shares of Natural Grocers by Vitamin Cottage by 33.3% in the fourth quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer's stock worth $91,000 after acquiring an additional 575 shares during the last quarter. Finally, Nkcfo LLC acquired a new stake in Natural Grocers by Vitamin Cottage in the fourth quarter valued at approximately $397,000. 31.99% of the stock is currently owned by hedge funds and other institutional investors.

Natural Grocers by Vitamin Cottage Stock Performance

NGVC traded up $1.09 during trading on Friday, hitting $48.75. The stock had a trading volume of 208,385 shares, compared to its average volume of 123,172. The company has a current ratio of 0.96, a quick ratio of 0.15 and a debt-to-equity ratio of 0.28. Natural Grocers by Vitamin Cottage, Inc. has a 12 month low of $20.00 and a 12 month high of $61.22. The company has a 50 day simple moving average of $47.07 and a 200-day simple moving average of $43.48. The firm has a market cap of $1.12 billion, a PE ratio of 31.05 and a beta of 1.62.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The specialty retailer reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.14. Natural Grocers by Vitamin Cottage had a return on equity of 21.12% and a net margin of 2.84%. The firm had revenue of $335.77 million during the quarter, compared to analyst estimates of $329.66 million. Analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Tuesday, May 27th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend is Tuesday, May 27th. Natural Grocers by Vitamin Cottage's payout ratio is 26.97%.

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.