Rhumbline Advisers Decreases Stock Position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Rhumbline Advisers cut its position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 5.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 14,674 shares of the specialty retailer’s stock after selling 845 shares during the quarter. Rhumbline Advisers’ holdings in Natural Grocers by Vitamin Cottage were worth $311,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. EntryPoint Capital LLC purchased a new position in shares of Natural Grocers by Vitamin Cottage in the first quarter valued at $36,000. State Board of Administration of Florida Retirement System bought a new position in Natural Grocers by Vitamin Cottage during the 1st quarter valued at $216,000. Quadrature Capital Ltd bought a new position in Natural Grocers by Vitamin Cottage during the 4th quarter valued at $349,000. Janney Montgomery Scott LLC boosted its stake in Natural Grocers by Vitamin Cottage by 11.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 31,607 shares of the specialty retailer’s stock valued at $506,000 after acquiring an additional 3,311 shares during the last quarter. Finally, Ritholtz Wealth Management boosted its stake in Natural Grocers by Vitamin Cottage by 21.0% during the 2nd quarter. Ritholtz Wealth Management now owns 28,655 shares of the specialty retailer’s stock valued at $607,000 after acquiring an additional 4,980 shares during the last quarter. 31.99% of the stock is currently owned by hedge funds and other institutional investors.

Natural Grocers by Vitamin Cottage Stock Up 1.2 %

NGVC stock opened at $27.92 on Friday. The company has a quick ratio of 0.18, a current ratio of 0.96 and a debt-to-equity ratio of 0.36. Natural Grocers by Vitamin Cottage, Inc. has a fifty-two week low of $11.93 and a fifty-two week high of $30.32. The firm’s 50-day simple moving average is $25.98 and its 200 day simple moving average is $21.74. The stock has a market cap of $636.35 million, a PE ratio of 22.16 and a beta of 1.21.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its earnings results on Thursday, August 8th. The specialty retailer reported $0.40 EPS for the quarter. The firm 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%. As a group, sell-side analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.31 EPS for the current year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 18th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, September 3rd. This represents a $0.40 annualized dividend and a dividend yield of 1.43%. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is 31.75%.

Analysts Set New Price Targets

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

Natural Grocers by Vitamin Cottage 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.