Natural Grocers by Vitamin Cottage (NYSE:NGVC) Trading Down 4.5% - Should You Sell?

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

Natural Grocers by Vitamin Cottage Stock Performance

The firm has a fifty day moving average of $48.09 and a 200-day moving average of $44.09. The firm has a market cap of $955.08 million, a P/E ratio of 26.53 and a beta of 1.51. The company has a quick ratio of 0.15, a current ratio of 0.96 and a debt-to-equity ratio of 0.28.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The specialty retailer reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.14. The business had revenue of $335.77 million for the quarter, compared to analysts' expectations of $329.66 million. Natural Grocers by Vitamin Cottage had a return on equity of 21.12% and a net margin of 2.84%. Research 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 announced a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Tuesday, May 27th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.15%. The ex-dividend date was Tuesday, May 27th. Natural Grocers by Vitamin Cottage's payout ratio is 26.97%.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Several hedge funds have recently added to or reduced their stakes in NGVC. Victory Capital Management Inc. acquired a new position in Natural Grocers by Vitamin Cottage in the first quarter valued at about $14,006,000. Marshall Wace LLP lifted its stake in Natural Grocers by Vitamin Cottage by 516.0% in the fourth quarter. Marshall Wace LLP now owns 209,564 shares of the specialty retailer's stock valued at $8,324,000 after buying an additional 175,545 shares during the period. Driehaus Capital Management LLC acquired a new position in Natural Grocers by Vitamin Cottage in the first quarter valued at about $6,528,000. Millennium Management LLC lifted its stake in Natural Grocers by Vitamin Cottage by 1,190.6% in the fourth quarter. Millennium Management LLC now owns 162,130 shares of the specialty retailer's stock valued at $6,440,000 after buying an additional 149,568 shares during the period. Finally, Wellington Management Group LLP acquired a new position in Natural Grocers by Vitamin Cottage in the fourth quarter valued at about $5,444,000. Institutional investors and hedge funds own 31.99% of the company's stock.

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.