Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Holdings Increased by Renaissance Technologies LLC

Renaissance Technologies LLC raised its stake in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 5.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 592,709 shares of the specialty retailer's stock after acquiring an additional 30,691 shares during the quarter. Renaissance Technologies LLC owned approximately 2.58% of Natural Grocers by Vitamin Cottage worth $23,542,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Sierra Summit Advisors LLC bought a new stake in shares of Natural Grocers by Vitamin Cottage in the 4th quarter valued at approximately $442,000. Federated Hermes Inc. raised its holdings in shares of Natural Grocers by Vitamin Cottage by 219.0% during the fourth quarter. Federated Hermes Inc. now owns 16,447 shares of the specialty retailer's stock worth $653,000 after purchasing an additional 11,292 shares during the period. Wells Fargo & Company MN lifted its position in shares of Natural Grocers by Vitamin Cottage by 28.7% in the 4th quarter. Wells Fargo & Company MN now owns 5,690 shares of the specialty retailer's stock worth $226,000 after buying an additional 1,269 shares during the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Natural Grocers by Vitamin Cottage in the 4th quarter valued at about $28,000. Finally, Wellington Management Group LLP bought a new stake in shares of Natural Grocers by Vitamin Cottage during the 4th quarter valued at about $5,444,000. 31.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Natural Grocers by Vitamin Cottage from a "strong-buy" rating to a "buy" rating in a research note on Monday, January 13th.

Natural Grocers by Vitamin Cottage Stock Performance

NYSE NGVC traded down $0.03 during trading hours on Friday, hitting $47.68. The company had a trading volume of 128,243 shares, compared to its average volume of 106,770. The company has a quick ratio of 0.15, a current ratio of 0.96 and a debt-to-equity ratio of 0.28. The firm has a market cap of $1.09 billion, a P/E ratio of 30.37 and a beta of 1.73. Natural Grocers by Vitamin Cottage, Inc. has a fifty-two week low of $15.82 and a fifty-two week high of $50.91. The business has a fifty day simple moving average of $42.37 and a 200-day simple moving average of $38.93.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The specialty retailer reported $0.43 earnings per share for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.84% and a return on equity of 21.12%. Equities analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend was Monday, March 3rd. Natural Grocers by Vitamin Cottage's dividend payout ratio is currently 30.57%.

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.