Linden Thomas Advisory Services LLC Boosts Stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Linden Thomas Advisory Services LLC increased its position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 9.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 59,026 shares of the specialty retailer’s stock after purchasing an additional 5,122 shares during the period. Linden Thomas Advisory Services LLC owned 0.26% of Natural Grocers by Vitamin Cottage worth $2,373,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Natural Grocers by Vitamin Cottage by 4.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,366 shares of the specialty retailer’s stock valued at $213,000 after acquiring an additional 228 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in Natural Grocers by Vitamin Cottage during the 4th quarter valued at approximately $28,000. Martingale Asset Management L P raised its stake in Natural Grocers by Vitamin Cottage by 5.3% during the 4th quarter. Martingale Asset Management L P now owns 14,015 shares of the specialty retailer’s stock valued at $557,000 after acquiring an additional 703 shares during the last quarter. Golden State Wealth Management LLC raised its stake in Natural Grocers by Vitamin Cottage by 113.4% during the 1st quarter. Golden State Wealth Management LLC now owns 1,436 shares of the specialty retailer’s stock valued at $58,000 after acquiring an additional 763 shares during the last quarter. Finally, CreativeOne Wealth LLC raised its stake in Natural Grocers by Vitamin Cottage by 11.3% during the 4th quarter. CreativeOne Wealth LLC now owns 7,565 shares of the specialty retailer’s stock valued at $300,000 after acquiring an additional 770 shares during the last quarter. 31.99% of the stock is owned by hedge funds and other institutional investors.

Natural Grocers by Vitamin Cottage Stock Down 3.6%

NGVC opened at $37.99 on Wednesday. The business has a 50 day moving average price of $45.68 and a two-hundred day moving average price of $43.69. The company has a quick ratio of 0.23, a current ratio of 0.97 and a debt-to-equity ratio of 0.21. The company has a market cap of $871.15 million, a PE ratio of 21.34 and a beta of 1.43. Natural Grocers by Vitamin Cottage, Inc. has a 52 week low of $22.13 and a 52 week high of $61.22.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its earnings results on Thursday, May 8th. The specialty retailer reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.14. The business had revenue of $335.77 million during the quarter, compared to the consensus estimate of $329.66 million. Natural Grocers by Vitamin Cottage had a return on equity of 23.27% and a net margin of 3.18%. As a group, research analysts anticipate that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Stockholders of record on Tuesday, May 27th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date was Tuesday, May 27th. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is 26.97%.

Insider Activity

In related news, insider Lark Isely sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $44.26, for a total value of $88,520.00. Following the sale, the insider owned 6,682 shares in the company, valued at $295,745.32. This represents a 23.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 58.80% 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.