Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report) fell 5.4% during trading on Wednesday . The company traded as low as $40.44 and last traded at $40.19. 39,817 shares changed hands during trading, a decline of 71% from the average session volume of 135,608 shares. The stock had previously closed at $42.50.
Natural Grocers by Vitamin Cottage Stock Performance
The company's 50 day moving average is $47.50 and its 200-day moving average is $43.86. The company has a market capitalization of $899.20 million, a P/E ratio of 22.01 and a beta of 1.51. 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 announced its quarterly earnings data on Thursday, May 8th. The specialty retailer reported $0.56 EPS for the quarter, beating the consensus estimate of $0.42 by $0.14. The company had revenue of $335.77 million for the quarter, compared to the consensus estimate of $329.66 million. Natural Grocers by Vitamin Cottage had a net margin of 3.18% and a return on equity of 23.27%. Equities analysts anticipate 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 paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a $0.48 dividend on an annualized basis and a yield of 1.22%. Natural Grocers by Vitamin Cottage's dividend payout ratio is presently 26.97%.
Insider Activity
In other news, insider Lark Isely sold 2,000 shares of the stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $44.26, for a total value of $88,520.00. Following the transaction, the insider now owns 6,682 shares in the company, valued at $295,745.32. This represents a 23.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 58.80% of the company's stock.
Institutional Trading of Natural Grocers by Vitamin Cottage
Several large investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC grew its position in shares of Natural Grocers by Vitamin Cottage by 9,741.4% during the 1st quarter. GAMMA Investing LLC now owns 5,708 shares of the specialty retailer's stock valued at $229,000 after acquiring an additional 5,650 shares during the period. Two Sigma Investments LP grew its holdings in Natural Grocers by Vitamin Cottage by 30.9% during the fourth quarter. Two Sigma Investments LP now owns 56,193 shares of the specialty retailer's stock valued at $2,232,000 after purchasing an additional 13,255 shares during the period. Vanguard Group Inc. increased its position in Natural Grocers by Vitamin Cottage by 6.0% in the fourth quarter. Vanguard Group Inc. now owns 689,291 shares of the specialty retailer's stock worth $27,379,000 after buying an additional 38,880 shares in the last quarter. Barclays PLC increased its position in Natural Grocers by Vitamin Cottage by 14.5% in the fourth quarter. Barclays PLC now owns 14,224 shares of the specialty retailer's stock worth $565,000 after buying an additional 1,804 shares in the last quarter. Finally, Balyasny Asset Management L.P. bought a new position in shares of Natural Grocers by Vitamin Cottage in the fourth quarter worth about $680,000. 31.99% of the stock is currently owned by institutional investors.
About Natural Grocers by Vitamin Cottage
(
Get Free Report)
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.
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