Natural Grocers by Vitamin Cottage (NYSE:NGVC) Downgraded to “Buy” Rating by StockNews.com

StockNews.com lowered shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC) from a strong-buy rating to a buy rating in a research report released on Wednesday morning.

Natural Grocers by Vitamin Cottage Price Performance

Natural Grocers by Vitamin Cottage stock opened at $32.77 on Wednesday. The firm has a market cap of $746.83 million, a PE ratio of 24.27 and a beta of 1.23. Natural Grocers by Vitamin Cottage has a 52-week low of $12.35 and a 52-week high of $33.71. The company has a quick ratio of 0.18, a current ratio of 0.96 and a debt-to-equity ratio of 0.36. The company’s 50 day moving average is $27.44 and its two-hundred day moving average is $23.76.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its earnings results on Thursday, August 8th. The specialty retailer reported $0.40 earnings per share (EPS) for the quarter. The company had revenue of $309.08 million for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.54% and a return on equity of 18.89%. On average, research analysts expect that Natural Grocers by Vitamin Cottage will post 1.31 EPS for the current fiscal year.

Institutional Investors Weigh In On Natural Grocers by Vitamin Cottage

A number of hedge funds have recently added to or reduced their stakes in the business. Privium Fund Management B.V. purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the 3rd quarter valued at approximately $326,000. Janney Montgomery Scott LLC increased its position in shares of Natural Grocers by Vitamin Cottage by 3.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 36,781 shares of the specialty retailer’s stock valued at $1,092,000 after purchasing an additional 1,150 shares during the last quarter. Marshall Wace LLP increased its position in shares of Natural Grocers by Vitamin Cottage by 49.3% in the 2nd quarter. Marshall Wace LLP now owns 43,437 shares of the specialty retailer’s stock valued at $921,000 after purchasing an additional 14,338 shares during the last quarter. Inspire Investing LLC purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the 2nd quarter valued at approximately $353,000. Finally, American Century Companies Inc. increased its position in shares of Natural Grocers by Vitamin Cottage by 28.3% in 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. 31.99% of the stock is currently owned by institutional investors and hedge funds.

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.