Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Insider Charity Isely Sells 2,000 Shares

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) insider Charity Isely sold 2,000 shares of the company’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 transaction, the insider now directly owns 12,290 shares of the company’s stock, valued at $537,441.70. The trade was a 14.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Natural Grocers by Vitamin Cottage Trading Down 1.0 %

NGVC opened at $43.40 on Friday. The business has a 50 day simple moving average of $34.01 and a two-hundred day simple moving average of $27.65. The firm has a market capitalization of $988.97 million, a price-to-earnings ratio of 29.32 and a beta of 1.40. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.96 and a quick ratio of 0.18. Natural Grocers by Vitamin Cottage, Inc. has a one year low of $14.31 and a one year high of $47.56.

Natural Grocers by Vitamin Cottage Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.12 per share. This is a positive change from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. The ex-dividend date is Monday, December 2nd. This represents a $0.48 dividend on an annualized basis and a yield of 1.11%. Natural Grocers by Vitamin Cottage’s dividend payout ratio is presently 32.43%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Virtus Investment Advisers Inc. bought a new position in shares of Natural Grocers by Vitamin Cottage in the 3rd quarter worth approximately $126,000. CreativeOne Wealth LLC bought a new position in Natural Grocers by Vitamin Cottage during the 3rd quarter valued at approximately $202,000. Hancock Whitney Corp bought a new position in Natural Grocers by Vitamin Cottage during the 3rd quarter valued at approximately $214,000. Privium Fund Management B.V. bought a new position in Natural Grocers by Vitamin Cottage during the 3rd quarter valued at approximately $326,000. Finally, Inspire Investing LLC bought a new position in Natural Grocers by Vitamin Cottage during the 2nd quarter valued at approximately $353,000. Institutional investors own 31.99% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised 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.