Strs Ohio Invests $402,000 in Natural Grocers by Vitamin Cottage, Inc. $NGVC

Key Points

• Strs Ohio has invested approximately $402,000 in Natural Grocers by Vitamin Cottage, Inc. by acquiring 10,000 shares of the company during the first quarter.
• Insider Lark Isely sold 2,000 shares of Natural Grocers stock for $80,000, reducing their ownership by nearly 30%.
• The company announced a quarterly dividend of $0.12 per share, with a current annualized yield of 1.3%.

Strs Ohio purchased a new position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,000 shares of the specialty retailer's stock, valued at approximately $402,000.

Other institutional investors have also recently made changes to their positions in the company. McIlrath & Eck LLC boosted its stake in shares of Natural Grocers by Vitamin Cottage by 86.2% in the first quarter. McIlrath & Eck LLC now owns 661 shares of the specialty retailer's stock worth $27,000 after acquiring an additional 306 shares during the last quarter. CWM LLC lifted its position in Natural Grocers by Vitamin Cottage by 167.8% during the first quarter. CWM LLC now owns 1,291 shares of the specialty retailer's stock worth $52,000 after buying an additional 809 shares in the last quarter. State of Wyoming acquired a new position in Natural Grocers by Vitamin Cottage during the first quarter worth $57,000. Golden State Wealth Management LLC boosted its stake in Natural Grocers by Vitamin Cottage by 113.4% during the first quarter. Golden State Wealth Management LLC now owns 1,436 shares of the specialty retailer's stock worth $58,000 after buying an additional 763 shares during the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in Natural Grocers by Vitamin Cottage during the first quarter worth $72,000. 31.99% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Natural Grocers by Vitamin Cottage news, insider Lark Isely sold 2,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $40.00, for a total value of $80,000.00. Following the sale, the insider owned 4,682 shares in the company, valued at $187,280. The trade was a 29.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 58.80% of the stock is owned by corporate insiders.

Natural Grocers by Vitamin Cottage Stock Performance

NYSE NGVC opened at $36.34 on Tuesday. The stock's fifty day moving average is $38.58 and its two-hundred day moving average is $42.14. The firm has a market capitalization of $834.05 million, a P/E ratio of 19.33 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, Inc. has a fifty-two week low of $24.99 and a fifty-two week high of $61.22.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last posted its earnings results on Thursday, August 7th. The specialty retailer reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.01. Natural Grocers by Vitamin Cottage had a return on equity of 23.47% and a net margin of 3.31%.The company had revenue of $328.71 million for the quarter, compared to the consensus estimate of $335.01 million. 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 earnings per share for the current year.

Natural Grocers by Vitamin Cottage Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Tuesday, September 2nd were given a $0.12 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $0.48 dividend on an annualized basis and a yield of 1.3%. Natural Grocers by Vitamin Cottage's payout ratio is currently 25.53%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Natural Grocers by Vitamin Cottage from a "buy" rating to a "hold" rating in a research note on Friday, September 5th.

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.

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