Natural Grocers by Vitamin Cottage (NYSE:NGVC) Shares Down 5.4% - Time to Sell?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report)'s share price was down 5.4% on Wednesday . The company traded as low as $40.44 and last traded at $40.19. Approximately 39,817 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 135,608 shares. The stock had previously closed at $42.50.

Natural Grocers by Vitamin Cottage Price Performance

The firm has a market cap of $901.61 million, a P/E ratio of 22.09 and a beta of 1.51. The business's fifty day simple moving average is $46.91 and its 200-day simple moving average is $43.75. The company has a current ratio of 0.97, a quick ratio of 0.23 and a debt-to-equity ratio of 0.21.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last released 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. The company had revenue of $335.77 million for the quarter, compared to analyst estimates of $329.66 million. Natural Grocers by Vitamin Cottage had a return on equity of 23.27% and a net margin of 3.18%. As a group, analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Tuesday, May 27th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend was Tuesday, May 27th. Natural Grocers by Vitamin Cottage's payout ratio is presently 26.97%.

Insider Buying and Selling at Natural Grocers by Vitamin Cottage

In other Natural Grocers by Vitamin Cottage news, insider Lark Isely sold 2,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $44.26, for a total transaction of $88,520.00. Following the completion of the transaction, the insider now owns 6,682 shares of the company's stock, valued at $295,745.32. The trade was a 23.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 58.80% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Strs Ohio purchased a new position in shares of Natural Grocers by Vitamin Cottage during the first quarter worth about $402,000. Ellsworth Advisors LLC purchased a new position in shares of Natural Grocers by Vitamin Cottage during the first quarter worth about $855,000. Jane Street Group LLC grew its holdings in shares of Natural Grocers by Vitamin Cottage by 53.9% during the first quarter. Jane Street Group LLC now owns 19,051 shares of the specialty retailer's stock worth $766,000 after purchasing an additional 6,672 shares in the last quarter. McIlrath & Eck LLC grew its holdings in shares of 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 worth $27,000 after purchasing an additional 306 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Natural Grocers by Vitamin Cottage during the first quarter worth about $500,000. Hedge funds and other institutional investors 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.