Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Shares Acquired by Martingale Asset Management L P

Martingale Asset Management L P increased its holdings in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 24.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,312 shares of the specialty retailer’s stock after acquiring an additional 2,600 shares during the quarter. Martingale Asset Management L P owned approximately 0.06% of Natural Grocers by Vitamin Cottage worth $395,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. increased its stake in Natural Grocers by Vitamin Cottage by 28.3% in the second 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 period. Inspire Investing LLC acquired a new position in Natural Grocers by Vitamin Cottage in the 2nd quarter valued at about $353,000. Dynamic Technology Lab Private Ltd acquired a new position in Natural Grocers by Vitamin Cottage in the 3rd quarter valued at about $430,000. Marshall Wace LLP raised its stake in Natural Grocers by Vitamin Cottage by 49.3% during the 2nd quarter. Marshall Wace LLP now owns 43,437 shares of the specialty retailer’s stock valued at $921,000 after acquiring an additional 14,338 shares during the last quarter. Finally, Kingsview Wealth Management LLC acquired a new stake in Natural Grocers by Vitamin Cottage during the 3rd quarter worth approximately $421,000. Hedge funds and other institutional investors own 31.99% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a report on Friday, November 22nd.

Natural Grocers by Vitamin Cottage Stock Performance

Shares of NGVC opened at $44.50 on Wednesday. Natural Grocers by Vitamin Cottage, Inc. has a 1 year low of $14.31 and a 1 year high of $47.56. The stock has a market capitalization of $1.01 billion, a P/E ratio of 30.07 and a beta of 1.40. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.96. The company’s fifty day moving average is $31.79 and its two-hundred day moving average is $26.63.

Natural Grocers by Vitamin Cottage Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Monday, December 2nd will be issued a dividend of $0.12 per share. This is a boost from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Monday, December 2nd. Natural Grocers by Vitamin Cottage’s dividend payout ratio is currently 32.43%.

About Natural Grocers by Vitamin Cottage

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.