Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Stake Lowered by Foundry Partners LLC

Foundry Partners LLC reduced its position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 7.8% in the third quarter, HoldingsChannel.com reports. The firm owned 202,345 shares of the specialty retailer’s stock after selling 17,205 shares during the period. Foundry Partners LLC’s holdings in Natural Grocers by Vitamin Cottage were worth $6,008,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. boosted its position in Natural Grocers by Vitamin Cottage by 36.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 26,802 shares of the specialty retailer’s stock valued at $796,000 after purchasing an additional 7,210 shares during the last quarter. Segall Bryant & Hamill LLC bought a new position in shares of Natural Grocers by Vitamin Cottage in the third quarter worth about $361,000. Privium Fund Management B.V. bought a new position in shares of Natural Grocers by Vitamin Cottage in the third quarter worth about $326,000. Janney Montgomery Scott LLC increased its stake in shares of Natural Grocers by Vitamin Cottage by 3.2% in the third quarter. Janney Montgomery Scott LLC now owns 36,781 shares of the specialty retailer’s stock worth $1,092,000 after purchasing an additional 1,150 shares during the period. Finally, Marshall Wace LLP increased its stake in Natural Grocers by Vitamin Cottage by 49.3% during the second quarter. Marshall Wace LLP now owns 43,437 shares of the specialty retailer’s stock valued at $921,000 after acquiring an additional 14,338 shares during the period. 31.99% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 6th.

Natural Grocers by Vitamin Cottage Stock Performance

NGVC stock opened at $36.25 on Friday. 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 company has a 50 day moving average price of $28.86 and a 200 day moving average price of $24.96. Natural Grocers by Vitamin Cottage, Inc. has a fifty-two week low of $14.31 and a fifty-two week high of $36.28. The stock has a market capitalization of $826.28 million, a PE ratio of 26.85 and a beta of 1.23.

About Natural Grocers by Vitamin Cottage

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.