Teton Advisors Inc. Trims Stake in Natural Grocers by Vitamin Cottage, Inc. $NGVC

Key Points

• Teton Advisors Inc. reduced its stake in Natural Grocers by Vitamin Cottage by 58.3%, now holding 5,000 shares valued at $201,000, following the sale of 7,000 shares in the first quarter.
• Natural Grocers posted a quarterly EPS of $0.50, exceeding analysts' expectations, with revenues of $328.71 million but falling short of the forecast of $335.01 million.
• The company declared a quarterly dividend of $0.12 per share, representing an annualized yield of 1.2%, with a payout ratio of 25.53%.

Teton Advisors Inc. lessened its stake in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 58.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,000 shares of the specialty retailer's stock after selling 7,000 shares during the period. Teton Advisors Inc.'s holdings in Natural Grocers by Vitamin Cottage were worth $201,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. CWM LLC grew its position 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 valued at $52,000 after acquiring an additional 809 shares during the period. Golden State Wealth Management LLC raised its holdings in shares of Natural Grocers by Vitamin Cottage by 113.4% in the 1st quarter. Golden State Wealth Management LLC now owns 1,436 shares of the specialty retailer's stock worth $58,000 after purchasing an additional 763 shares during the period. KLP Kapitalforvaltning AS purchased a new position in Natural Grocers by Vitamin Cottage in the first quarter valued at approximately $72,000. Quantbot Technologies LP bought a new position in Natural Grocers by Vitamin Cottage during the first quarter valued at $83,000. Finally, Virtus Advisers LLC purchased a new stake in Natural Grocers by Vitamin Cottage in the first quarter worth $113,000. Institutional investors own 31.99% of the company's stock.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Natural Grocers by Vitamin Cottage

In other news, insider Lark Isely sold 2,000 shares of the 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 sale, the insider directly owned 4,682 shares of the company's stock, valued at approximately $187,280. This represents a 29.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 4,500 shares of company stock worth $189,020 in the last quarter. Corporate insiders own 58.80% of the company's stock.

Natural Grocers by Vitamin Cottage Stock Performance

NGVC stock traded down $0.20 during midday trading on Friday, reaching $38.35. 184,415 shares of the company's stock traded hands, compared to its average volume of 274,975. The firm has a market capitalization of $880.09 million, a PE ratio of 20.40 and a beta of 1.44. The company has a 50-day moving average price of $39.29 and a two-hundred day moving average price of $42.95. Natural Grocers by Vitamin Cottage, Inc. has a 52 week low of $24.99 and a 52 week 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 announced its quarterly earnings results on Thursday, August 7th. The specialty retailer reported $0.50 earnings per share for the quarter, beating the consensus estimate 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 during 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. As a group, equities analysts anticipate that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current year.

Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently announced 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 1.3%. The ex-dividend date of this dividend is Tuesday, September 2nd. 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.