Credit Agricole S A Increases Stake in Natural Grocers by Vitamin Cottage, Inc. $NGVC

Key Points

• Credit Agricole S A increased its holdings in Natural Grocers by Vitamin Cottage by 104.0%, owning 65,844 shares valued at approximately $2.65 million.
• Several institutional investors have significantly altered their stakes in Natural Grocers, with notable increases from Millennium Management and Vanguard Group.
• The company announced a quarterly dividend of $0.12 per share, signifying a 1.2% yield with a payout ratio of 25.53%.

Credit Agricole S A lifted its stake in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 104.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 65,844 shares of the specialty retailer's stock after acquiring an additional 33,561 shares during the period. Credit Agricole S A owned approximately 0.29% of Natural Grocers by Vitamin Cottage worth $2,647,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in NGVC. CWM LLC lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 167.8% during the 1st 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 lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 113.4% during the 1st 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 stake in shares of Natural Grocers by Vitamin Cottage during the 1st quarter worth $72,000. Quantbot Technologies LP bought a new stake in shares of Natural Grocers by Vitamin Cottage during the 1st quarter worth $83,000. Finally, Deutsche Bank AG lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 46.0% during the 4th 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. 31.99% of the stock is owned by institutional investors.

Insider Activity

In other Natural Grocers by Vitamin Cottage news, insider Lark Isely sold 2,000 shares of the business's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $40.00, for a total value of $80,000.00. Following the transaction, the insider owned 4,682 shares in the company, valued at approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 4,500 shares of company stock valued at $189,020 in the last 90 days. 58.80% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

Natural Grocers by Vitamin Cottage Trading Down 2.6%

NYSE:NGVC traded down $1.05 during trading hours on Thursday, reaching $38.75. The company's stock had a trading volume of 104,865 shares, compared to its average volume of 203,334. The firm has a market capitalization of $889.47 million, a price-to-earnings ratio of 20.67 and a beta of 1.44. The firm has a 50-day simple moving average of $39.38 and a 200-day simple moving average of $43.07. 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 debt-to-equity ratio of 0.21, a quick ratio of 0.21 and a current ratio of 1.02.

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 EPS for the quarter, topping analysts' consensus estimates 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 company had revenue of $328.71 million for the quarter, compared to analysts' expectations of $335.01 million. Natural Grocers by Vitamin Cottage has set its FY 2025 guidance at 1.900-1.950 EPS. Research 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 company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Tuesday, September 2nd will be given a $0.12 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.2%. Natural Grocers by Vitamin Cottage's payout ratio is presently 25.53%.

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.