Natural Grocers by Vitamin Cottage (NYSE:NGVC) Stock Price Down 6% - What's Next?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report)'s share price fell 6% during mid-day trading on Tuesday . The stock traded as low as $45.02 and last traded at $45.30. 53,434 shares were traded during mid-day trading, a decline of 57% from the average session volume of 123,567 shares. The stock had previously closed at $48.18.

Natural Grocers by Vitamin Cottage Stock Performance

The company has a current ratio of 0.96, a quick ratio of 0.15 and a debt-to-equity ratio of 0.28. The firm's fifty day moving average price is $47.96 and its 200-day moving average price is $44.08. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 28.84 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 (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.14. Natural Grocers by Vitamin Cottage had a return on equity of 21.12% and a net margin of 2.84%. The firm had revenue of $335.77 million for the quarter, compared to analysts' expectations of $329.66 million. Analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 earnings per share for the current year.

Natural Grocers by Vitamin Cottage Announces Dividend

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. This represents a $0.48 annualized dividend and a yield of 1.06%. The ex-dividend date is Tuesday, May 27th. Natural Grocers by Vitamin Cottage's payout ratio is currently 26.97%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in NGVC. Nkcfo LLC purchased a new position in Natural Grocers by Vitamin Cottage during the 4th quarter valued at about $397,000. Van ECK Associates Corp grew its position in shares of Natural Grocers by Vitamin Cottage by 33.3% in the fourth quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer's stock valued at $91,000 after purchasing an additional 575 shares during the last quarter. Two Sigma Investments LP increased its stake in shares of Natural Grocers by Vitamin Cottage by 30.9% during the 4th quarter. Two Sigma Investments LP now owns 56,193 shares of the specialty retailer's stock worth $2,232,000 after purchasing an additional 13,255 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Natural Grocers by Vitamin Cottage by 6.0% during the 4th quarter. Vanguard Group Inc. now owns 689,291 shares of the specialty retailer's stock worth $27,379,000 after purchasing an additional 38,880 shares during the last quarter. Finally, Barclays PLC lifted its stake in Natural Grocers by Vitamin Cottage by 14.5% in the 4th quarter. Barclays PLC now owns 14,224 shares of the specialty retailer's stock valued at $565,000 after buying an additional 1,804 shares in the last quarter. Hedge funds and other institutional investors own 31.99% of the company's stock.

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.