Natural Grocers by Vitamin Cottage (NYSE:NGVC) Shares Up 2.6% – Should You Buy?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s share price shot up 2.6% on Monday . The stock traded as high as $38.66 and last traded at $39.10. 31,874 shares were traded during mid-day trading, a decline of 68% from the average session volume of 99,454 shares. The stock had previously closed at $38.12.

Wall Street Analyst Weigh In

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

Natural Grocers by Vitamin Cottage Stock Performance

The firm has a market cap of $954.16 million, a PE ratio of 26.50 and a beta of 1.34. The stock has a 50-day moving average price of $42.38 and a 200 day moving average price of $37.58. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.15.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings data 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 2.84% and a return on equity of 21.12%. Research analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 earnings per share for the current year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.12 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.15%. Natural Grocers by Vitamin Cottage’s payout ratio is 30.57%.

Institutional Trading of Natural Grocers by Vitamin Cottage

Institutional investors have recently modified their holdings of the company. Golden State Wealth Management LLC purchased a new stake in Natural Grocers by Vitamin Cottage during the 4th quarter worth $27,000. Meeder Asset Management Inc. acquired a new position in Natural Grocers by Vitamin Cottage during the 4th quarter worth approximately $28,000. Human Investing LLC acquired a new position in Natural Grocers by Vitamin Cottage in the 4th quarter worth $40,000. Van ECK Associates Corp lifted its stake in shares of Natural Grocers by Vitamin Cottage by 33.3% in the fourth quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer’s stock worth $91,000 after acquiring an additional 575 shares in the last quarter. Finally, Virtus Investment Advisers Inc. acquired a new position in shares of Natural Grocers by Vitamin Cottage in the 3rd quarter valued at approximately $126,000. Hedge funds and other institutional investors own 31.99% of the company’s stock.

Natural Grocers by Vitamin Cottage Company 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.