Natural Grocers by Vitamin Cottage (NYSE:NGVC) Hits New 1-Year High – What’s Next?

Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) reached a new 52-week high on Wednesday . The company traded as high as $32.49 and last traded at $32.49, with a volume of 7381 shares. The stock had previously closed at $30.57.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 9th.

Natural Grocers by Vitamin Cottage Trading Up 7.5 %

The stock has a market cap of $748.65 million, a price-to-earnings ratio of 22.64 and a beta of 1.23. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.96 and a quick ratio of 0.18. The business has a 50-day simple moving average of $27.31 and a two-hundred day simple moving average of $23.70.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its earnings results on Thursday, August 8th. The specialty retailer reported $0.40 EPS for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.54% and a return on equity of 18.89%. The firm had revenue of $309.08 million for the quarter. Equities analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.31 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 18th. Stockholders of record on Tuesday, September 3rd were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend was Tuesday, September 3rd. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is presently 29.63%.

Institutional Trading of Natural Grocers by Vitamin Cottage

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NGVC. Vanguard Group Inc. boosted its holdings in Natural Grocers by Vitamin Cottage by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 636,658 shares of the specialty retailer’s stock worth $11,492,000 after buying an additional 3,375 shares during the period. American Century Companies Inc. lifted its stake in Natural Grocers by Vitamin Cottage by 28.3% in the 2nd quarter. American Century Companies Inc. now owns 304,382 shares of the specialty retailer’s stock worth $6,453,000 after purchasing an additional 67,187 shares in the last quarter. Hillsdale Investment Management Inc. grew its position 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 valued at $3,435,000 after purchasing an additional 24,400 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Natural Grocers by Vitamin Cottage by 0.5% in the second quarter. Bank of New York Mellon Corp now owns 178,328 shares of the specialty retailer’s stock worth $3,781,000 after purchasing an additional 937 shares during the period. Finally, First Eagle Investment Management LLC increased its stake in Natural Grocers by Vitamin Cottage by 3.7% in the 1st quarter. First Eagle Investment Management LLC now owns 84,951 shares of the specialty retailer’s stock worth $1,533,000 after acquiring an additional 3,050 shares during the last quarter. 31.99% of the stock is owned by 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.