Bosun Asset Management LLC Purchases Shares of 18,505 Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Bosun Asset Management LLC acquired a new position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,505 shares of the specialty retailer’s stock, valued at approximately $735,000. Bosun Asset Management LLC owned about 0.08% of Natural Grocers by Vitamin Cottage at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NGVC. Golden State Wealth Management LLC bought a new position in Natural Grocers by Vitamin Cottage during the 4th quarter worth approximately $27,000. Meeder Asset Management Inc. bought a new position in Natural Grocers by Vitamin Cottage during the fourth quarter worth $28,000. Human Investing LLC bought a new position in Natural Grocers by Vitamin Cottage during the fourth quarter worth $40,000. Van ECK Associates Corp boosted its position in Natural Grocers by Vitamin Cottage by 33.3% during the fourth quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer’s stock valued at $91,000 after acquiring an additional 575 shares during the last quarter. Finally, PFG Investments LLC acquired a new stake in Natural Grocers by Vitamin Cottage during the 4th quarter worth about $224,000. 31.99% of the stock is owned by institutional investors and hedge funds.

Natural Grocers by Vitamin Cottage Trading Down 2.0 %

NGVC opened at $49.58 on Tuesday. The company has a market cap of $1.14 billion, a P/E ratio of 31.58 and a beta of 1.62. The company has a fifty day moving average price of $42.86 and a two-hundred day moving average price of $40.97. The company has a current ratio of 0.96, a quick ratio of 0.15 and a debt-to-equity ratio of 0.28. Natural Grocers by Vitamin Cottage, Inc. has a 1-year low of $17.47 and a 1-year high of $52.69.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings results on Thursday, February 6th. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 21.12% and a net margin of 2.84%. Analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS 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, March 19th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.48 dividend on an annualized basis and a yield of 0.97%. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is presently 30.57%.

Analysts Set New Price Targets

Separately, StockNews.com lowered Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 13th.

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.