Natural Grocers by Vitamin Cottage (NYSE:NGVC) Shares Up 5.2% - What's Next?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report)'s share price rose 5.2% during trading on Monday . The stock traded as high as $43.39 and last traded at $43.42. Approximately 111,009 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 134,166 shares. The stock had previously closed at $41.28.

Natural Grocers by Vitamin Cottage Trading Down 0.8%

The stock has a market capitalization of $849.21 million, a PE ratio of 20.81 and a beta of 1.51. The firm has a 50 day moving average price of $47.08 and a 200 day moving average price of $43.78. The company has a quick ratio of 0.23, a current ratio of 0.97 and a debt-to-equity ratio of 0.21.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The specialty retailer reported $0.56 EPS for the quarter, topping the consensus estimate of $0.42 by $0.14. The firm had revenue of $335.77 million during the quarter, compared to the consensus estimate of $329.66 million. Natural Grocers by Vitamin Cottage had a return on equity of 23.27% and a net margin of 3.18%. Equities analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 11th. Stockholders of record on Tuesday, May 27th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.30%. The ex-dividend date was Tuesday, May 27th. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is presently 26.97%.

Insider Activity at Natural Grocers by Vitamin Cottage

In related news, insider Lark Isely sold 2,000 shares of the stock in a transaction that occurred on 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 sale, the insider now directly owns 6,682 shares of the company's stock, valued at approximately $295,745.32. This trade represents a 23.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 58.80% of the stock is currently owned by company insiders.

Institutional Trading of Natural Grocers by Vitamin Cottage

A number of institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Natural Grocers by Vitamin Cottage by 4.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,366 shares of the specialty retailer's stock valued at $213,000 after acquiring an additional 228 shares during the last quarter. McIlrath & Eck LLC increased its position 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 valued at $27,000 after acquiring an additional 306 shares during the last quarter. Martingale Asset Management L P increased its position in shares of Natural Grocers by Vitamin Cottage by 2.8% during the first quarter. Martingale Asset Management L P now owns 14,412 shares of the specialty retailer's stock valued at $579,000 after acquiring an additional 397 shares during the last quarter. Federated Hermes Inc. increased its position in shares of Natural Grocers by Vitamin Cottage by 2.6% during the first quarter. Federated Hermes Inc. now owns 16,867 shares of the specialty retailer's stock valued at $678,000 after acquiring an additional 420 shares during the last quarter. Finally, Panagora Asset Management Inc. increased its position in shares of Natural Grocers by Vitamin Cottage by 1.2% during the first quarter. Panagora Asset Management Inc. now owns 58,402 shares of the specialty retailer's stock valued at $2,348,000 after acquiring an additional 673 shares during the last quarter. 31.99% of the stock is owned by hedge funds and other 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.