Connor Clark & Lunn Investment Management Ltd. Acquires New Shares in Natural Grocers by Vitamin Cottage, Inc. $NGVC

Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 88,678 shares of the specialty retailer’s stock, valued at approximately $2,751,000. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.38% of Natural Grocers by Vitamin Cottage as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. AQR Capital Management LLC increased its position in Natural Grocers by Vitamin Cottage by 164.2% during the first quarter. AQR Capital Management LLC now owns 48,702 shares of the specialty retailer’s stock worth $1,958,000 after acquiring an additional 30,271 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Natural Grocers by Vitamin Cottage by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,600 shares of the specialty retailer’s stock worth $225,000 after purchasing an additional 234 shares during the period. Millennium Management LLC boosted its stake in Natural Grocers by Vitamin Cottage by 58.9% in the 1st quarter. Millennium Management LLC now owns 257,564 shares of the specialty retailer’s stock valued at $10,354,000 after buying an additional 95,434 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Natural Grocers by Vitamin Cottage by 53.9% in the 1st quarter. Jane Street Group LLC now owns 19,051 shares of the specialty retailer’s stock valued at $766,000 after purchasing an additional 6,672 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Natural Grocers by Vitamin Cottage by 78.4% during the second quarter. JPMorgan Chase & Co. now owns 22,695 shares of the specialty retailer’s stock worth $891,000 after buying an additional 9,974 shares during the last quarter. 31.99% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Natural Grocers by Vitamin Cottage in a research note on Monday. Wall Street Zen lowered shares of Natural Grocers by Vitamin Cottage from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $47.00.

Natural Grocers by Vitamin Cottage Price Performance

NYSE:NGVC opened at $27.45 on Friday. Natural Grocers by Vitamin Cottage, Inc. has a one year low of $23.47 and a one year high of $41.14. The company has a market cap of $632.72 million, a P/E ratio of 13.33 and a beta of 1.33. The firm’s fifty day moving average price is $30.71 and its two-hundred day moving average price is $28.51. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.10 and a quick ratio of 0.25.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its earnings results on Thursday, August 6th. The specialty retailer reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.04). Natural Grocers by Vitamin Cottage had a return on equity of 21.11% and a net margin of 3.55%.The firm had revenue of $334.74 million for the quarter, compared to analyst estimates of $347.17 million. Natural Grocers by Vitamin Cottage has set its FY 2026 guidance at 2.070-2.110 EPS. Equities analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 2.09 earnings per share for the current year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Monday, August 17th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Monday, August 17th. Natural Grocers by Vitamin Cottage’s payout ratio is currently 29.13%.

Natural Grocers by Vitamin Cottage Profile

Natural Grocers by Vitamin Cottage, Inc operates a chain of specialty grocery stores focused on natural and organic products. Founded in 1955 by Margaret and Philip Isely in Lakewood, Colorado, the company has built a reputation on strict product standards, including certified organic produce, non-GMO groceries and dietary supplements. Natural Grocers emphasizes whole, unprocessed foods and carries a broad assortment of private-label and national brands that meet its quality guidelines.

The company’s core offerings include fresh fruits and vegetables, bulk foods, vitamins, minerals and nutritional supplements, as well as natural body care and household items.