Nuveen LLC Makes New $1.23 Million Investment in Natural Grocers by Vitamin Cottage, Inc. $NGVC

Key Points

• Nuveen LLC recently acquired 30,653 shares of Natural Grocers by Vitamin Cottage, Inc., valued at approximately $1,232,000, representing about 0.13% ownership of the company.
• Natural Grocers announced a quarterly dividend of $0.12 per share, with payments set for September 17th, equating to an annualized dividend yield of 1.3%.
• In its latest earnings report, Natural Grocers reported $0.50 earnings per share, exceeding analysts' expectations by $0.01, and set its FY 2025 guidance between 1.900 and 1.950 EPS.

Nuveen LLC acquired a new position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 30,653 shares of the specialty retailer's stock, valued at approximately $1,232,000. Nuveen LLC owned 0.13% of Natural Grocers by Vitamin Cottage as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in Natural Grocers by Vitamin Cottage by 9,741.4% during the 1st quarter. GAMMA Investing LLC now owns 5,708 shares of the specialty retailer's stock worth $229,000 after purchasing an additional 5,650 shares during the period. Two Sigma Investments LP boosted its position in Natural Grocers by Vitamin Cottage by 30.9% during the 4th quarter. Two Sigma Investments LP now owns 56,193 shares of the specialty retailer's stock valued at $2,232,000 after acquiring an additional 13,255 shares in the last quarter. Victory Capital Management Inc. bought a new stake in Natural Grocers by Vitamin Cottage during the 1st quarter valued at $14,006,000. Teacher Retirement System of Texas bought a new stake in Natural Grocers by Vitamin Cottage during the 1st quarter valued at $317,000. Finally, Balyasny Asset Management L.P. bought a new stake in Natural Grocers by Vitamin Cottage during the 4th quarter valued at $680,000. 31.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Insider Activity

In other news, insider Lark Isely sold 2,000 shares of the stock in a transaction dated Tuesday, August 19th. The stock was 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. This represents a 29.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders sold 4,500 shares of company stock worth $189,020. Corporate insiders own 58.80% of the company's stock.

Natural Grocers by Vitamin Cottage Trading Up 1.2%

Shares of NGVC traded up $0.46 during midday trading on Thursday, hitting $39.40. 97,036 shares of the stock were exchanged, compared to its average volume of 203,754. Natural Grocers by Vitamin Cottage, Inc. has a 52-week low of $24.99 and a 52-week high of $61.22. The stock has a fifty day simple moving average of $39.12 and a 200 day simple moving average of $42.73. The firm has a market cap of $904.23 million, a P/E ratio of 20.96 and a beta of 1.61. 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 released its quarterly earnings results on Thursday, August 7th. The specialty retailer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.49 by $0.01. The business had revenue of $328.71 million during the quarter, compared to analyst estimates 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, research analysts anticipate that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Tuesday, September 2nd will be issued a dividend of $0.12 per share. 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 payout ratio is 25.53%.

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.