Natural Grocers by Vitamin Cottage (NYSE:NGVC) Share Price Crosses Above 200-Day Moving Average of $15.47

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.47 and traded as high as $16.62. Natural Grocers by Vitamin Cottage shares last traded at $16.18, with a volume of 31,189 shares.

Natural Grocers by Vitamin Cottage Stock Down 0.9 %

The company has a quick ratio of 0.17, a current ratio of 0.90 and a debt-to-equity ratio of 0.42. The business has a 50-day simple moving average of $16.55 and a two-hundred day simple moving average of $15.47. The company has a market cap of $368.10 million, a price-to-earnings ratio of 13.83 and a beta of 1.15.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $0.34 earnings per share (EPS) for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 16.69% and a net margin of 2.29%. The firm had revenue of $301.75 million for the quarter. As a group, equities analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.07 earnings per share for the current fiscal year.

Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 4th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.40 annualized dividend and a dividend yield of 2.47%. Natural Grocers by Vitamin Cottage’s dividend payout ratio is currently 34.19%.

Insider Transactions at Natural Grocers by Vitamin Cottage

In other Natural Grocers by Vitamin Cottage news, CFO Todd Dissinger sold 15,000 shares of the company’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $15.30, for a total transaction of $229,500.00. Following the transaction, the chief financial officer now owns 37,069 shares of the company’s stock, valued at approximately $567,155.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 59.40% of the stock is owned by company insiders.

Institutional Trading of Natural Grocers by Vitamin Cottage

Several institutional investors and hedge funds have recently made changes to their positions in NGVC. Tower Research Capital LLC TRC increased its position in shares of Natural Grocers by Vitamin Cottage by 315.1% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,478 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 1,881 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Natural Grocers by Vitamin Cottage by 285.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,998 shares of the specialty retailer’s stock valued at $39,000 after purchasing an additional 1,480 shares during the last quarter. Citigroup Inc. lifted its position in Natural Grocers by Vitamin Cottage by 269.0% during the second quarter. Citigroup Inc. now owns 3,181 shares of the specialty retailer’s stock worth $39,000 after acquiring an additional 2,319 shares during the last quarter. Wells Fargo & Company MN lifted its position in Natural Grocers by Vitamin Cottage by 78.6% during the second quarter. Wells Fargo & Company MN now owns 4,050 shares of the specialty retailer’s stock worth $50,000 after acquiring an additional 1,782 shares during the last quarter. Finally, Deutsche Bank AG increased its holdings in shares of Natural Grocers by Vitamin Cottage by 20.6% during the first quarter. Deutsche Bank AG now owns 6,111 shares of the specialty retailer’s stock worth $72,000 after purchasing an additional 1,044 shares during the period. Institutional investors 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.