Lark Isely Sells 2,000 Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Stock

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report) insider Lark Isely sold 2,000 shares of the business's stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $44.26, for a total value of $88,520.00. Following the completion of the sale, the insider now owns 6,682 shares in the company, valued at approximately $295,745.32. This trade represents a 23.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Natural Grocers by Vitamin Cottage Stock Performance

NGVC traded down $1.02 on Monday, reaching $40.52. The company had a trading volume of 177,610 shares, compared to its average volume of 129,971. Natural Grocers by Vitamin Cottage, Inc. has a fifty-two week low of $20.00 and a fifty-two week high of $61.22. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.15 and a current ratio of 0.96. The stock has a market cap of $929.23 million, a P/E ratio of 25.81 and a beta of 1.51. The company's fifty day moving average is $48.06 and its 200 day moving average is $44.02.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The specialty retailer reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.14. Natural Grocers by Vitamin Cottage had a net margin of 2.84% and a return on equity of 21.12%. The business had revenue of $335.77 million during the quarter, compared to analyst estimates of $329.66 million. As a group, analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 earnings per share for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 11th. Stockholders of record on Tuesday, May 27th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend was Tuesday, May 27th. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is currently 26.97%.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in Natural Grocers by Vitamin Cottage by 9.8% during the first quarter. Vanguard Group Inc. now owns 757,084 shares of the specialty retailer's stock valued at $30,435,000 after acquiring an additional 67,793 shares during the last quarter. Renaissance Technologies LLC increased its holdings in Natural Grocers by Vitamin Cottage by 5.5% during the 4th quarter. Renaissance Technologies LLC now owns 592,709 shares of the specialty retailer's stock worth $23,542,000 after purchasing an additional 30,691 shares during the period. Lord Abbett & CO. LLC increased its holdings in shares of Natural Grocers by Vitamin Cottage by 24.1% in the 1st quarter. Lord Abbett & CO. LLC now owns 497,268 shares of the specialty retailer's stock valued at $19,990,000 after acquiring an additional 96,678 shares during the period. American Century Companies Inc. raised its stake in Natural Grocers by Vitamin Cottage by 5.0% in the first quarter. American Century Companies Inc. now owns 466,810 shares of the specialty retailer's stock valued at $18,766,000 after buying an additional 22,214 shares during the last quarter. Finally, Victory Capital Management Inc. acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the first quarter worth about $14,006,000. 31.99% of the stock is owned by institutional investors.

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.