Natural Grocers by Vitamin Cottage (NYSE:NGVC) Shares Cross Above Two Hundred Day Moving Average of $16.21

Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $16.21 and traded as high as $21.37. Natural Grocers by Vitamin Cottage shares last traded at $21.32, with a volume of 55,739 shares trading hands.

Natural Grocers by Vitamin Cottage Price Performance

The firm's fifty day simple moving average is $17.48 and its 200-day simple moving average is $16.24. The firm has a market capitalization of $485.88 million, a PE ratio of 16.92 and a beta of 1.17. The company has a quick ratio of 0.15, a current ratio of 0.88 and a debt-to-equity ratio of 0.35.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last released its quarterly earnings data on Thursday, May 9th. The specialty retailer reported $0.35 EPS for the quarter. The company had revenue of $308.09 million during the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 17.60% and a net margin of 2.42%. During the same quarter in the previous year, the business posted $0.29 earnings per share. On average, research analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.13 earnings per share for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 19th. Shareholders of record on Monday, June 3rd will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend is Monday, June 3rd. Natural Grocers by Vitamin Cottage's dividend payout ratio is presently 31.75%.

Insider Activity

In other news, CFO Todd Dissinger sold 15,000 shares of the firm's stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $15.30, for a total transaction of $229,500.00. Following the sale, the chief financial officer now directly owns 37,069 shares in the company, valued at approximately $567,155.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 59.40% of the company's stock.

Institutional Investors Weigh In On Natural Grocers by Vitamin Cottage

Institutional investors and hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its stake in Natural Grocers by Vitamin Cottage by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,315,946 shares of the specialty retailer's stock worth $21,055,000 after purchasing an additional 6,946 shares in the last quarter. Vanguard Group Inc. grew its holdings in Natural Grocers by Vitamin Cottage by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 636,658 shares of the specialty retailer's stock valued at $11,492,000 after buying an additional 3,375 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Natural Grocers by Vitamin Cottage by 1.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 217,431 shares of the specialty retailer's stock worth $2,807,000 after acquiring an additional 3,234 shares during the last quarter. Hillsdale Investment Management Inc. raised its holdings in shares of Natural Grocers by Vitamin Cottage by 14.7% during the 1st quarter. Hillsdale Investment Management Inc. now owns 190,318 shares of the specialty retailer's stock worth $3,435,000 after acquiring an additional 24,400 shares in the last quarter. Finally, LSV Asset Management boosted its position in shares of Natural Grocers by Vitamin Cottage by 104.5% during the 3rd quarter. LSV Asset Management now owns 190,310 shares of the specialty retailer's stock valued at $2,457,000 after acquiring an additional 97,255 shares during the last quarter. 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.