Russell Investments Group Ltd. Acquires 15,826 Shares of Natural Grocers by Vitamin Cottage, Inc. $NGVC

Key Points

• Russell Investments Group Ltd. significantly increased its stake in Natural Grocers by Vitamin Cottage by 2,029% during the first quarter, now holding about 0.07% of the company worth approximately $668,000.
• Natural Grocers reported a quarterly EPS of $0.50, surpassing analysts' expectations of $0.49, but revenue fell short at $328.71 million compared to forecasts of $335.01 million.
• The company declared a quarterly dividend of $0.12 per share, reflecting an annualized yield of 1.3%, with a payout ratio of 25.53%.

Russell Investments Group Ltd. raised its stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 2,029.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,606 shares of the specialty retailer's stock after buying an additional 15,826 shares during the quarter. Russell Investments Group Ltd. owned 0.07% of Natural Grocers by Vitamin Cottage worth $668,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of NGVC. CWM LLC grew its stake in Natural Grocers by Vitamin Cottage by 167.8% in the first quarter. CWM LLC now owns 1,291 shares of the specialty retailer's stock valued at $52,000 after acquiring an additional 809 shares during the period. 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 valued at $58,000 after purchasing an additional 763 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of Natural Grocers by Vitamin Cottage in the 1st quarter valued at approximately $72,000. Deutsche Bank AG increased its stake in 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 purchasing an additional 1,587 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Natural Grocers by Vitamin Cottage by 4.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,366 shares of the specialty retailer's stock worth $213,000 after purchasing an additional 228 shares in the last quarter. Institutional investors and hedge funds own 31.99% of the company's stock.

Natural Grocers by Vitamin Cottage Stock Up 0.4%

NGVC traded up $0.16 on Wednesday, hitting $38.68. 131,518 shares of the company were exchanged, compared to its average volume of 203,488. The stock's fifty day moving average is $39.09 and its 200-day moving average is $42.76. Natural Grocers by Vitamin Cottage, Inc. has a 12 month low of $24.99 and a 12 month 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. The company has a market cap of $887.75 million, a PE ratio of 20.55 and a beta of 1.61.

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 earnings per share (EPS) for the quarter, beating 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. Equities research 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 firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Tuesday, September 2nd will be paid a $0.12 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $0.48 annualized dividend and a dividend yield of 1.2%. Natural Grocers by Vitamin Cottage's dividend payout ratio is 25.53%.

Analyst Ratings Changes

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

Insider Buying and Selling

In other news, insider Lark Isely sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $40.00, for a total transaction of $80,000.00. Following the transaction, the insider directly owned 4,682 shares of the company's stock, valued at approximately $187,280. This trade represents a 29.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 4,500 shares of company stock worth $189,020 over the last 90 days. 58.80% of the stock is currently owned by company insiders.

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.