Natural Grocers by Vitamin Cottage (NYSE:NGVC) Sets New 52-Week High at $26.70

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $26.70 and last traded at $26.64, with a volume of 14694 shares changing hands. The stock had previously closed at $26.29.

Natural Grocers by Vitamin Cottage Stock Performance

The company has a market capitalization of $620.91 million, a PE ratio of 21.62 and a beta of 1.21. The company has a current ratio of 0.88, a quick ratio of 0.15 and a debt-to-equity ratio of 0.35. The firm’s 50-day simple moving average is $22.19 and its 200-day simple moving average is $18.64.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its quarterly earnings data on Thursday, May 9th. The specialty retailer reported $0.35 earnings per share (EPS) for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.42% and a return on equity of 17.60%. The company had revenue of $308.09 million during the quarter. During the same period last year, the firm earned $0.29 earnings per share. On average, research analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.13 earnings per share for the current year.

Natural Grocers by Vitamin Cottage Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 19th. Stockholders of record on Monday, June 3rd were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $0.40 annualized dividend and a dividend yield of 1.47%. Natural Grocers by Vitamin Cottage’s dividend payout ratio is currently 31.75%.

Institutional Investors Weigh In On Natural Grocers by Vitamin Cottage

Several large investors have recently modified their holdings of the business. Bank of New York Mellon Corp raised its stake in shares of Natural Grocers by Vitamin Cottage by 0.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 178,328 shares of the specialty retailer’s stock worth $3,781,000 after acquiring an additional 937 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Natural Grocers by Vitamin Cottage by 159.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,847 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 1,136 shares in the last quarter. Panagora Asset Management Inc. raised its stake in shares of Natural Grocers by Vitamin Cottage by 4.2% during the 4th quarter. Panagora Asset Management Inc. now owns 42,084 shares of the specialty retailer’s stock worth $673,000 after acquiring an additional 1,677 shares in the last quarter. EntryPoint Capital LLC bought a new position in shares of Natural Grocers by Vitamin Cottage during the 1st quarter worth approximately $36,000. Finally, Janney Montgomery Scott LLC raised its stake in shares of Natural Grocers by Vitamin Cottage by 9.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 34,475 shares of the specialty retailer’s stock worth $622,000 after acquiring an additional 2,868 shares in the last quarter. 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.