Green Alpha Advisors LLC Has $3.81 Million Stock Position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Green Alpha Advisors LLC lifted its position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 56.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,809 shares of the specialty retailer's stock after buying an additional 34,264 shares during the quarter. Natural Grocers by Vitamin Cottage comprises about 4.1% of Green Alpha Advisors LLC's holdings, making the stock its 2nd largest position. Green Alpha Advisors LLC owned 0.41% of Natural Grocers by Vitamin Cottage worth $3,811,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Nkcfo LLC bought a new position in Natural Grocers by Vitamin Cottage during the fourth quarter worth $397,000. Van ECK Associates Corp increased its holdings in Natural Grocers by Vitamin Cottage by 33.3% during the fourth quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer's stock worth $91,000 after buying an additional 575 shares during the last quarter. Two Sigma Investments LP increased its holdings in Natural Grocers by Vitamin Cottage by 30.9% during the fourth quarter. Two Sigma Investments LP now owns 56,193 shares of the specialty retailer's stock worth $2,232,000 after buying an additional 13,255 shares during the last quarter. Vanguard Group Inc. increased its holdings in Natural Grocers by Vitamin Cottage by 6.0% during the fourth quarter. Vanguard Group Inc. now owns 689,291 shares of the specialty retailer's stock worth $27,379,000 after buying an additional 38,880 shares during the last quarter. Finally, Barclays PLC increased its holdings in Natural Grocers by Vitamin Cottage by 14.5% during the fourth quarter. Barclays PLC now owns 14,224 shares of the specialty retailer's stock worth $565,000 after buying an additional 1,804 shares during the last quarter. 31.99% of the stock is currently owned by institutional investors and hedge funds.

Natural Grocers by Vitamin Cottage Stock Performance

NYSE NGVC traded down $0.48 during trading hours on Thursday, reaching $44.95. 67,680 shares of the company were exchanged, compared to its average volume of 125,017. The stock has a market capitalization of $1.03 billion, a P/E ratio of 28.63 and a beta of 1.62. The company has a quick ratio of 0.15, a current ratio of 0.96 and a debt-to-equity ratio of 0.28. The business's 50 day simple moving average is $47.79 and its 200-day simple moving average is $43.86. 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 earnings results on Thursday, May 8th. The specialty retailer reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.14. Natural Grocers by Vitamin Cottage had a net margin of 2.84% and a return on equity of 21.12%. The firm had revenue of $335.77 million during the quarter, compared to the consensus estimate of $329.66 million. On average, equities research analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 earnings per share for the current year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Tuesday, May 27th will be given a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, May 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.07%. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) 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.