Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) is Green Alpha Advisors LLC’s 6th Largest Position

Green Alpha Advisors LLC trimmed its stake in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 27.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,545 shares of the specialty retailer’s stock after selling 22,415 shares during the period. Natural Grocers by Vitamin Cottage comprises about 1.9% of Green Alpha Advisors LLC’s holdings, making the stock its 6th biggest position. Green Alpha Advisors LLC owned about 0.26% of Natural Grocers by Vitamin Cottage worth $2,405,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Segall Bryant & Hamill LLC purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the third quarter valued at about $361,000. Geode Capital Management LLC increased its stake in shares of Natural Grocers by Vitamin Cottage by 11.4% during the 3rd quarter. Geode Capital Management LLC now owns 219,301 shares of the specialty retailer’s stock worth $6,513,000 after purchasing an additional 22,413 shares in the last quarter. Lord Abbett & CO. LLC raised its position in shares of Natural Grocers by Vitamin Cottage by 64.7% during the 3rd quarter. Lord Abbett & CO. LLC now owns 449,007 shares of the specialty retailer’s stock worth $13,331,000 after purchasing an additional 176,361 shares during the last quarter. State Street Corp lifted its stake in Natural Grocers by Vitamin Cottage by 1.0% in the 3rd quarter. State Street Corp now owns 193,350 shares of the specialty retailer’s stock valued at $5,741,000 after buying an additional 1,983 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Natural Grocers by Vitamin Cottage during the 3rd quarter valued at $430,000. Hedge funds and other institutional investors own 31.99% of the company’s stock.

Insiders Place Their Bets

In related news, insider Charity Isely sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $43.73, for a total value of $87,460.00. Following the completion of the sale, the insider now directly owns 12,290 shares in the company, valued at approximately $537,441.70. The trade was a 14.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lark Isely sold 4,000 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $44.66, for a total transaction of $178,640.00. Following the transaction, the insider now directly owns 8,682 shares in the company, valued at approximately $387,738.12. This represents a 31.54 % decrease in their position. The disclosure for this sale can be found here. 59.40% of the stock is owned by corporate insiders.

Natural Grocers by Vitamin Cottage Price Performance

NYSE:NGVC opened at $38.37 on Monday. The firm has a market cap of $878.90 million, a price-to-earnings ratio of 25.93 and a beta of 1.44. Natural Grocers by Vitamin Cottage, Inc. has a 12-month low of $14.31 and a 12-month high of $47.56. The company has a current ratio of 0.96, a quick ratio of 0.18 and a debt-to-equity ratio of 0.36. The company’s 50-day moving average is $39.57 and its two-hundred day moving average is $30.48.

Natural Grocers by Vitamin Cottage Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Monday, December 2nd were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.48 dividend on an annualized basis and a yield of 1.25%. This is a positive change from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is 32.43%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 22nd.

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.