Natural Grocers by Vitamin Cottage (NYSE:NGVC) Stock Price Down 4.5% - Here's Why

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report)'s share price was down 4.5% during trading on Monday . The company traded as low as $43.93 and last traded at $43.22. Approximately 6,023 shares changed hands during trading, a decline of 95% from the average daily volume of 126,437 shares. The stock had previously closed at $45.27.

Natural Grocers by Vitamin Cottage Stock Performance

The company has a 50-day simple moving average of $48.05 and a two-hundred day simple moving average of $44.13. The company has a quick ratio of 0.15, a current ratio of 0.96 and a debt-to-equity ratio of 0.28. The firm has a market cap of $1.00 billion, a PE ratio of 27.78 and a beta of 1.51.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The specialty retailer reported $0.56 earnings per share for the quarter, topping 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 company had revenue of $335.77 million for the quarter, compared to the consensus estimate of $329.66 million. As a group, equities research analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 earnings per share for the current year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Tuesday, May 27th will be paid a $0.12 dividend. The ex-dividend date is Tuesday, May 27th. This represents a $0.48 annualized dividend and a yield of 1.10%. Natural Grocers by Vitamin Cottage's payout ratio is 26.97%.

Institutional Trading of Natural Grocers by Vitamin Cottage

Several hedge funds have recently made changes to their positions in NGVC. McIlrath & Eck LLC lifted its holdings in Natural Grocers by Vitamin Cottage by 86.2% during the first quarter. McIlrath & Eck LLC now owns 661 shares of the specialty retailer's stock valued at $27,000 after purchasing an additional 306 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in Natural Grocers by Vitamin Cottage in the 4th quarter valued at approximately $27,000. Meeder Asset Management Inc. bought a new stake in Natural Grocers by Vitamin Cottage during the 4th quarter valued at $28,000. Human Investing LLC purchased a new stake in shares of Natural Grocers by Vitamin Cottage during the fourth quarter worth $40,000. Finally, CWM LLC boosted its holdings in shares of 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 worth $52,000 after acquiring an additional 809 shares during the period. 31.99% of the stock is currently owned by institutional investors.

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.