Natural Grocers by Vitamin Cottage (NYSE:NGVC) Stock Price Crosses Above Two Hundred Day Moving Average of $20.08

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $20.08 and traded as high as $26.64. Natural Grocers by Vitamin Cottage shares last traded at $26.59, with a volume of 39,101 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 9th.

Natural Grocers by Vitamin Cottage Stock Performance

The stock has a market cap of $606.04 million, a price-to-earnings ratio of 21.10 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 has a fifty day simple moving average of $23.88 and a 200-day simple moving average of $20.08.

Natural Grocers by Vitamin Cottage Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 18th. Stockholders of record on Tuesday, September 3rd will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Tuesday, September 3rd. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is presently 31.75%.

Institutional Trading of Natural Grocers by Vitamin Cottage

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC raised its position 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 valued at $30,000 after acquiring an additional 1,136 shares during the last quarter. EntryPoint Capital LLC bought a new stake in Natural Grocers by Vitamin Cottage in the first quarter valued at about $36,000. AJOVista LLC acquired a new position in Natural Grocers by Vitamin Cottage in the fourth quarter valued at about $75,000. State Board of Administration of Florida Retirement System acquired a new position in Natural Grocers by Vitamin Cottage in the first quarter valued at about $216,000. Finally, Quadrature Capital Ltd bought a new position in Natural Grocers by Vitamin Cottage during the fourth quarter worth about $349,000. 31.99% of the stock is currently owned by institutional investors and hedge funds.

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.