Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Shares Acquired by State Street Corp

State Street Corp increased its position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 1.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 193,350 shares of the specialty retailer’s stock after purchasing an additional 1,983 shares during the period. State Street Corp’s holdings in Natural Grocers by Vitamin Cottage were worth $5,741,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of NGVC. CreativeOne Wealth LLC acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the 3rd quarter valued at approximately $202,000. Hancock Whitney Corp purchased a new position in shares of Natural Grocers by Vitamin Cottage during the third quarter valued at approximately $214,000. Privium Fund Management B.V. purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the third quarter valued at $326,000. Inspire Investing LLC purchased a new position in shares of Natural Grocers by Vitamin Cottage during the 2nd quarter worth about $353,000. Finally, Segall Bryant & Hamill LLC acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the 3rd quarter worth $361,000. 31.99% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Natural Grocers by Vitamin Cottage news, insider Lark Isely sold 4,000 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $44.66, for a total transaction of $178,640.00. Following the sale, the insider now directly owns 8,682 shares in the company, valued at approximately $387,738.12. The trade was a 31.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Charity Isely sold 2,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $43.73, for a total value of $87,460.00. Following the transaction, the insider now owns 12,290 shares in the company, valued at approximately $537,441.70. This trade represents a 14.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 59.40% of the stock is currently owned by company insiders.

Natural Grocers by Vitamin Cottage Stock Performance

Natural Grocers by Vitamin Cottage stock opened at $39.28 on Friday. Natural Grocers by Vitamin Cottage, Inc. has a 52 week low of $14.31 and a 52 week high of $47.56. The company has a current ratio of 0.96, a quick ratio of 0.18 and a debt-to-equity ratio of 0.36. The stock has a market cap of $899.75 million, a P/E ratio of 26.54 and a beta of 1.40. The stock has a 50 day moving average of $36.95 and a 200-day moving average of $29.08.

Natural Grocers by Vitamin Cottage Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Monday, December 2nd were issued a $0.12 dividend. This is a positive change from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend was Monday, December 2nd. Natural Grocers by Vitamin Cottage’s payout ratio is currently 32.43%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a report on Friday, November 22nd.

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.