Bank of New York Mellon Corp Sells 17,824 Shares of Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC)

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Bank of New York Mellon Corp lowered its stake in shares of Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) by 27.7% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 46,577 shares of the specialty retailer’s stock after selling 17,824 shares during the period. Bank of New York Mellon Corp’s holdings in Natural Grocers by Vitamin Cottage were worth $468,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Los Angeles Capital Management & Equity Research Inc. bought a new position in Natural Grocers by Vitamin Cottage during the second quarter valued at about $196,000. SG Americas Securities LLC bought a new position in Natural Grocers by Vitamin Cottage during the second quarter valued at about $238,000. WINTON GROUP Ltd grew its position in Natural Grocers by Vitamin Cottage by 23.9% during the second quarter. WINTON GROUP Ltd now owns 25,026 shares of the specialty retailer’s stock valued at $252,000 after buying an additional 4,835 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Natural Grocers by Vitamin Cottage by 20.6% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 37,414 shares of the specialty retailer’s stock valued at $376,000 after buying an additional 6,400 shares during the period. Finally, Strs Ohio grew its position in Natural Grocers by Vitamin Cottage by 7.5% during the second quarter. Strs Ohio now owns 44,300 shares of the specialty retailer’s stock valued at $445,000 after buying an additional 3,100 shares during the period. Institutional investors own 36.28% of the company’s stock.

NGVC opened at $8.98 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.23 and a current ratio of 1.42. The firm has a market cap of $200.52 million, a P/E ratio of 24.27 and a beta of 1.14. Natural Grocers by Vitamin Cottage Inc has a fifty-two week low of $8.50 and a fifty-two week high of $24.50. The firm has a 50-day moving average of $9.92 and a 200 day moving average of $10.62.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its earnings results on Thursday, August 1st. The specialty retailer reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The firm had revenue of $224.41 million during the quarter. Natural Grocers by Vitamin Cottage had a net margin of 1.13% and a return on equity of 6.71%. Equities research analysts predict that Natural Grocers by Vitamin Cottage Inc will post 0.4 earnings per share for the current fiscal year.

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

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; 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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