Natural Grocers by Vitamin Cottage (NYSE:NGVC) Reaches New 1-Year High at $24.45

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $24.45 and last traded at $24.40, with a volume of 17059 shares trading hands. The stock had previously closed at $23.40.

Natural Grocers by Vitamin Cottage Stock Down 1.3 %

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.15 and a current ratio of 0.88. The firm’s 50 day moving average price is $21.48 and its two-hundred day moving average price is $18.09. The company has a market cap of $556.76 million, a P/E ratio of 19.39 and a beta of 1.21.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its earnings results on Thursday, May 9th. The specialty retailer reported $0.35 EPS for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.42% and a return on equity of 17.60%. The company had revenue of $308.09 million during the quarter. During the same period in the previous year, the firm earned $0.29 earnings per share. Equities research analysts anticipate that Natural Grocers by Vitamin Cottage, Inc. will post 1.13 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 19th. Stockholders of record on Monday, June 3rd were issued a $0.10 dividend. The ex-dividend date was Monday, June 3rd. This represents a $0.40 annualized dividend and a dividend yield of 1.64%. Natural Grocers by Vitamin Cottage’s dividend payout ratio is currently 31.75%.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Several hedge funds have recently modified their holdings of NGVC. Tower Research Capital LLC TRC raised its stake in shares of Natural Grocers by Vitamin Cottage by 159.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,847 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 1,136 shares during the period. EntryPoint Capital LLC bought a new stake in Natural Grocers by Vitamin Cottage in the first quarter worth about $36,000. AJOVista LLC purchased a new position in Natural Grocers by Vitamin Cottage in the fourth quarter valued at about $75,000. State Board of Administration of Florida Retirement System purchased a new position in Natural Grocers by Vitamin Cottage in the first quarter valued at about $216,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of Natural Grocers by Vitamin Cottage during the 4th quarter worth approximately $349,000. Institutional investors own 31.99% of the company’s stock.

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.