Victory Capital Management Inc. Lowers Stock Position in Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC)

Victory Capital Management Inc. cut its position in shares of Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) by 63.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,349 shares of the specialty retailer’s stock after selling 7,559 shares during the period. Victory Capital Management Inc.’s holdings in Natural Grocers by Vitamin Cottage were worth $44,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in NGVC. Marshall Wace North America L.P. acquired a new stake in Natural Grocers by Vitamin Cottage during the 2nd quarter worth about $106,000. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the 2nd quarter worth approximately $129,000. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the 2nd quarter worth approximately $196,000. Marshall Wace LLP acquired a new stake in Natural Grocers by Vitamin Cottage in the 2nd quarter valued at $217,000. Finally, A.R.T. Advisors LLC boosted its stake in Natural Grocers by Vitamin Cottage by 6.9% in the 2nd quarter. A.R.T. Advisors LLC now owns 21,754 shares of the specialty retailer’s stock valued at $219,000 after buying an additional 1,400 shares in the last quarter. 36.28% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NGVC stock opened at $9.02 on Friday. The stock’s fifty day simple moving average is $9.96 and its 200 day simple moving average is $10.66. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.42 and a quick ratio of 0.23. The firm has a market cap of $200.74 million, a price-to-earnings ratio of 24.38 and a beta of 1.14. Natural Grocers by Vitamin Cottage Inc has a one year low of $8.50 and a one year high of $24.50.



Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings results on Thursday, August 1st. The specialty retailer reported $0.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.02. The business had revenue of $224.41 million for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 6.71% and a net margin of 1.13%. On average, research analysts anticipate that Natural Grocers by Vitamin Cottage Inc will post 0.4 earnings per share for the current year.

Separately, ValuEngine raised Natural Grocers by Vitamin Cottage from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd.

Natural Grocers by Vitamin Cottage 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; bulk food products; private label products; 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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Institutional Ownership by Quarter for Natural Grocers by Vitamin Cottage (NYSE:NGVC)

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