Natural Grocers by Vitamin Cottage, Inc. $NGVC Shares Bought by Wellington Management Group LLP

Key Points

• Wellington Management Group LLP increased its stake in Natural Grocers by Vitamin Cottage by 63.3%, acquiring an additional 86,751 shares, bringing their total ownership to approximately 0.98% valued at $8,997,000.
• Natural Grocers by Vitamin Cottage recently announced a quarterly dividend of $0.12 per share, with a yield of 1.2%, to be paid on September 17th.
• The company's stock has faced volatility, currently trading at $39.81, down 3.1%, with a twelve-month range between a low of $24.87 and a high of $61.22.

Wellington Management Group LLP grew its position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 63.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 223,815 shares of the specialty retailer's stock after purchasing an additional 86,751 shares during the period. Wellington Management Group LLP owned approximately 0.98% of Natural Grocers by Vitamin Cottage worth $8,997,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of NGVC. Wells Fargo & Company MN lifted its stake in shares of Natural Grocers by Vitamin Cottage by 28.7% in the 4th quarter. Wells Fargo & Company MN now owns 5,690 shares of the specialty retailer's stock valued at $226,000 after purchasing an additional 1,269 shares in the last quarter. Barclays PLC lifted its stake in shares of Natural Grocers by Vitamin Cottage by 14.5% in the 4th quarter. Barclays PLC now owns 14,224 shares of the specialty retailer's stock valued at $565,000 after purchasing an additional 1,804 shares in the last quarter. Tudor Investment Corp ET AL lifted its stake in shares of Natural Grocers by Vitamin Cottage by 210.3% in the 4th quarter. Tudor Investment Corp ET AL now owns 80,822 shares of the specialty retailer's stock valued at $3,210,000 after purchasing an additional 54,773 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Natural Grocers by Vitamin Cottage by 12.4% in the 4th quarter. Northern Trust Corp now owns 101,557 shares of the specialty retailer's stock valued at $4,034,000 after purchasing an additional 11,225 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Natural Grocers by Vitamin Cottage by 33.0% in the 4th quarter. Bank of America Corp DE now owns 10,570 shares of the specialty retailer's stock valued at $420,000 after purchasing an additional 2,625 shares in the last quarter. 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 the company's stock in a transaction that occurred 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 transaction, the insider directly owned 4,682 shares of the company's stock, valued at $187,280. This represents a 29.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last quarter, insiders sold 4,500 shares of company stock worth $189,020. Insiders own 58.80% of the company's stock.

Analyst Ratings Changes

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

Natural Grocers by Vitamin Cottage Stock Up 0.5%

Natural Grocers by Vitamin Cottage stock traded up $0.21 during midday trading on Tuesday, hitting $38.54. 13,250 shares of the company were exchanged, compared to its average volume of 203,125. The company's fifty day moving average price is $39.17 and its 200-day moving average price is $42.79. The company has a market cap of $884.49 million, a PE ratio of 20.50 and a beta of 1.61. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.02 and a quick ratio of 0.21. 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 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 firm had revenue of $328.71 million for 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 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 business also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Tuesday, September 2nd will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.48 annualized dividend and a yield of 1.2%. Natural Grocers by Vitamin Cottage's payout ratio is 25.53%.

About Natural Grocers by Vitamin Cottage

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.