Nkcfo LLC lessened its stake in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC – Free Report) by 50.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,000 shares of the specialty retailer’s stock after selling 5,000 shares during the quarter. Nkcfo LLC’s holdings in Natural Grocers by Vitamin Cottage were worth $201,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NGVC. Meeder Asset Management Inc. bought a new stake in shares of Natural Grocers by Vitamin Cottage during the fourth quarter valued at approximately $28,000. CWM LLC raised its holdings in shares of Natural Grocers by Vitamin Cottage by 167.8% in the 1st quarter. CWM LLC now owns 1,291 shares of the specialty retailer’s stock worth $52,000 after acquiring an additional 809 shares during the last quarter. Golden State Wealth Management LLC lifted its position in Natural Grocers by Vitamin Cottage by 113.4% in 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 in the last quarter. KLP Kapitalforvaltning AS bought a new position in Natural Grocers by Vitamin Cottage in the 1st quarter valued at about $72,000. Finally, Deutsche Bank AG boosted its stake in Natural Grocers by Vitamin Cottage by 46.0% during the 4th quarter. Deutsche Bank AG now owns 5,036 shares of the specialty retailer’s stock valued at $200,000 after purchasing an additional 1,587 shares during the last quarter. 31.99% of the stock is owned by institutional investors.
Natural Grocers by Vitamin Cottage Stock Up 0.3%
NGVC stock opened at $39.92 on Monday. The firm has a market capitalization of $915.45 million, a PE ratio of 22.43 and a beta of 1.43. The company has a quick ratio of 0.23, a current ratio of 0.97 and a debt-to-equity ratio of 0.21. Natural Grocers by Vitamin Cottage, Inc. has a twelve month low of $22.14 and a twelve month high of $61.22. The stock’s 50 day moving average is $42.73 and its 200-day moving average is $43.67.
Natural Grocers by Vitamin Cottage Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Tuesday, May 27th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.20%. The ex-dividend date was Tuesday, May 27th. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is presently 26.97%.
Insiders Place Their Bets
In other news, insider Lark Isely sold 2,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction 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 completion of the transaction, the insider directly owned 6,682 shares in the company, valued at approximately $295,745.32. The trade was a 23.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate 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.
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