Hillsdale Investment Management Inc. Increases Stock Holdings in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Hillsdale Investment Management Inc. lifted its position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 14.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 190,318 shares of the specialty retailer’s stock after acquiring an additional 24,400 shares during the quarter. Hillsdale Investment Management Inc. owned 0.84% of Natural Grocers by Vitamin Cottage worth $3,435,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NGVC. Los Angeles Capital Management LLC raised its position in shares of Natural Grocers by Vitamin Cottage by 18.7% during the fourth quarter. Los Angeles Capital Management LLC now owns 78,961 shares of the specialty retailer’s stock worth $1,263,000 after purchasing an additional 12,440 shares during the period. Panagora Asset Management Inc. lifted its position in shares of Natural Grocers by Vitamin Cottage by 4.2% in the fourth quarter. Panagora Asset Management Inc. now owns 42,084 shares of the specialty retailer’s stock worth $673,000 after buying an additional 1,677 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Natural Grocers by Vitamin Cottage by 11.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 31,607 shares of the specialty retailer’s stock worth $506,000 after buying an additional 3,311 shares during the last quarter. Ritholtz Wealth Management lifted its position in shares of Natural Grocers by Vitamin Cottage by 27.2% in the fourth quarter. Ritholtz Wealth Management now owns 22,072 shares of the specialty retailer’s stock worth $353,000 after buying an additional 4,725 shares during the last quarter. Finally, GSA Capital Partners LLP lifted its position in shares of Natural Grocers by Vitamin Cottage by 17.8% during the 1st quarter. GSA Capital Partners LLP now owns 34,621 shares of the specialty retailer’s stock worth $625,000 after purchasing an additional 5,230 shares during the last quarter. Institutional investors and hedge funds own 31.99% of the company’s stock.

Natural Grocers by Vitamin Cottage Price Performance

NYSE NGVC traded up $0.22 during trading hours on Monday, reaching $24.51. 42,492 shares of the company’s stock were exchanged, compared to its average volume of 64,450. The stock has a market cap of $558.63 million, a PE ratio of 19.45 and a beta of 1.21. Natural Grocers by Vitamin Cottage, Inc. has a one year low of $11.85 and a one year high of $25.10. The firm has a fifty day moving average of $21.67 and a 200-day moving average of $18.24. The company has a current ratio of 0.88, a quick ratio of 0.15 and a debt-to-equity ratio of 0.35.

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

Natural Grocers by Vitamin Cottage Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 19th. Investors of record on Monday, June 3rd were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend was Monday, June 3rd. Natural Grocers by Vitamin Cottage’s payout ratio is currently 31.75%.

Natural Grocers by Vitamin Cottage 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.