Natural Grocers by Vitamin Cottage (NYSE:NGVC) Shares Gap Down – What’s Next?

Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) gapped down before the market opened on Friday . The stock had previously closed at $50.20, but opened at $47.97. Natural Grocers by Vitamin Cottage shares last traded at $45.68, with a volume of 165,445 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a report on Monday, January 13th.

Natural Grocers by Vitamin Cottage Trading Down 5.5 %

The business’s 50-day moving average price is $41.83 and its two-hundred day moving average price is $33.05. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.90 and a quick ratio of 0.16. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 32.11 and a beta of 1.43.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its quarterly earnings results on Thursday, February 6th. The specialty retailer reported $0.43 earnings per share for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.73% and a return on equity of 20.70%. Equities analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 1.56 earnings per share for the current year.

Natural Grocers by Vitamin Cottage Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.01%. Natural Grocers by Vitamin Cottage’s payout ratio is 32.43%.

Insider Activity at Natural Grocers by Vitamin Cottage

In other Natural Grocers by Vitamin Cottage news, insider Charity Isely sold 2,000 shares of the business’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $43.73, for a total transaction of $87,460.00. Following the sale, the insider now directly owns 12,290 shares in the company, valued at approximately $537,441.70. The trade was a 14.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lark Isely sold 4,000 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $44.66, for a total transaction of $178,640.00. Following the sale, the insider now owns 8,682 shares in the company, valued at $387,738.12. This trade represents a 31.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 58.80% of the company’s stock.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Hedge funds have recently made changes to their positions in the business. Lord Abbett & CO. LLC grew its position in Natural Grocers by Vitamin Cottage by 64.7% during the third quarter. Lord Abbett & CO. LLC now owns 449,007 shares of the specialty retailer’s stock valued at $13,331,000 after purchasing an additional 176,361 shares in the last quarter. Geode Capital Management LLC grew its position in Natural Grocers by Vitamin Cottage by 11.4% during the third quarter. Geode Capital Management LLC now owns 219,301 shares of the specialty retailer’s stock valued at $6,513,000 after purchasing an additional 22,413 shares in the last quarter. State Street Corp grew its position in Natural Grocers by Vitamin Cottage by 1.0% during the third quarter. State Street Corp now owns 193,350 shares of the specialty retailer’s stock valued at $5,741,000 after purchasing an additional 1,983 shares in the last quarter. FMR LLC grew its position in Natural Grocers by Vitamin Cottage by 31.5% during the third quarter. FMR LLC now owns 54,115 shares of the specialty retailer’s stock valued at $1,607,000 after purchasing an additional 12,975 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC lifted its stake in Natural Grocers by Vitamin Cottage by 15.9% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 53,904 shares of the specialty retailer’s stock valued at $2,141,000 after acquiring an additional 7,384 shares during the last quarter. Institutional investors and hedge funds own 31.99% of the company’s stock.

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.