StockNews.com Downgrades Natural Grocers by Vitamin Cottage (NYSE:NGVC) to Buy

Natural Grocers by Vitamin Cottage (NYSE:NGVC) was downgraded by investment analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a report issued on Monday.

Natural Grocers by Vitamin Cottage Trading Up 1.1 %

Shares of NGVC traded up $0.43 during trading on Monday, reaching $38.81. 67,123 shares of the company traded hands, compared to its average volume of 95,418. Natural Grocers by Vitamin Cottage has a twelve month low of $14.31 and a twelve month high of $47.56. The stock has a 50-day simple moving average of $39.57 and a 200-day simple moving average of $30.55. The stock has a market cap of $888.98 million, a PE ratio of 26.22 and a beta of 1.44. The company has a quick ratio of 0.18, a current ratio of 0.96 and a debt-to-equity ratio of 0.36.

Insider Buying and Selling

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

Institutional Trading of Natural Grocers by Vitamin Cottage

Several institutional investors and hedge funds have recently modified their holdings of the business. Segall Bryant & Hamill LLC purchased a new position in shares of Natural Grocers by Vitamin Cottage during the 3rd quarter worth $361,000. Geode Capital Management LLC increased its stake in 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 buying an additional 22,413 shares during the period. Lord Abbett & CO. LLC lifted its stake in shares of Natural Grocers by Vitamin Cottage by 64.7% in the third quarter. Lord Abbett & CO. LLC now owns 449,007 shares of the specialty retailer’s stock worth $13,331,000 after acquiring an additional 176,361 shares in the last quarter. State Street Corp boosted its stake in shares of Natural Grocers by Vitamin Cottage by 1.0% during 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 during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position 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.

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.