Privium Fund Management B.V. purchased a new stake in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 10,974 shares of the specialty retailer’s stock, valued at approximately $326,000.
Several other hedge funds and other institutional investors also recently modified their holdings of NGVC. Vanguard Group Inc. raised its stake in Natural Grocers by Vitamin Cottage by 0.5% in the first quarter. Vanguard Group Inc. now owns 636,658 shares of the specialty retailer’s stock valued at $11,492,000 after purchasing an additional 3,375 shares in the last quarter. American Century Companies Inc. increased its position in shares of Natural Grocers by Vitamin Cottage by 28.3% during the 2nd quarter. American Century Companies Inc. now owns 304,382 shares of the specialty retailer’s stock valued at $6,453,000 after purchasing an additional 67,187 shares during the last quarter. Hillsdale Investment Management Inc. raised its holdings in shares of Natural Grocers by Vitamin Cottage by 14.7% during the 1st quarter. Hillsdale Investment Management Inc. now owns 190,318 shares of the specialty retailer’s stock valued at $3,435,000 after buying an additional 24,400 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Natural Grocers by Vitamin Cottage by 0.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 178,328 shares of the specialty retailer’s stock worth $3,781,000 after buying an additional 937 shares during the last quarter. Finally, First Eagle Investment Management LLC boosted its stake in Natural Grocers by Vitamin Cottage by 3.7% in the first quarter. First Eagle Investment Management LLC now owns 84,951 shares of the specialty retailer’s stock worth $1,533,000 after buying an additional 3,050 shares in the last quarter. Hedge funds and other institutional investors own 31.99% of the company’s stock.
Natural Grocers by Vitamin Cottage Stock Performance
Natural Grocers by Vitamin Cottage stock opened at $33.79 on Friday. The firm has a fifty day simple moving average of $27.73 and a two-hundred day simple moving average of $24.01. The company has a quick ratio of 0.18, a current ratio of 0.96 and a debt-to-equity ratio of 0.36. Natural Grocers by Vitamin Cottage, Inc. has a twelve month low of $12.35 and a twelve month high of $33.88. The company has a market capitalization of $770.07 million, a PE ratio of 25.03 and a beta of 1.23.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded shares of Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a research note on Wednesday.
Read Our Latest Stock Analysis on Natural Grocers by Vitamin Cottage
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.
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