Natural Grocers by Vitamin Cottage (NYSE:NGVC) Rating Lowered to Buy at StockNews.com

Natural Grocers by Vitamin Cottage (NYSE:NGVC) was downgraded by StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued on Monday.

Natural Grocers by Vitamin Cottage Trading Up 0.5 %

Shares of NGVC stock opened at $38.90 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.96 and a quick ratio of 0.18. The company has a market cap of $891.04 million, a price-to-earnings ratio of 26.28 and a beta of 1.44. Natural Grocers by Vitamin Cottage has a 1 year low of $14.31 and a 1 year high of $47.56. The firm has a fifty day moving average price of $39.80 and a 200-day moving average price of $30.67.

Insider Activity at Natural Grocers by Vitamin Cottage

In related news, insider Lark Isely sold 4,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $44.66, for a total transaction of $178,640.00. Following the transaction, the insider now 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 the company’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $43.73, for a total transaction of $87,460.00. Following the completion of the transaction, the insider now directly owns 12,290 shares of the company’s stock, valued at $537,441.70. This represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. 59.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Several large investors have recently made changes to their positions in NGVC. Segall Bryant & Hamill LLC bought a new stake in Natural Grocers by Vitamin Cottage during the 3rd quarter valued at approximately $361,000. Geode Capital Management LLC lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 11.4% in the third quarter. Geode Capital Management LLC now owns 219,301 shares of the specialty retailer’s stock worth $6,513,000 after buying an additional 22,413 shares in the last quarter. Lord Abbett & CO. LLC grew its stake in Natural Grocers by Vitamin Cottage by 64.7% during the third quarter. Lord Abbett & CO. LLC now owns 449,007 shares of the specialty retailer’s stock valued at $13,331,000 after acquiring an additional 176,361 shares in the last quarter. State Street Corp increased its holdings in Natural Grocers by Vitamin Cottage by 1.0% in the 3rd quarter. State Street Corp now owns 193,350 shares of the specialty retailer’s stock valued at $5,741,000 after acquiring an additional 1,983 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Natural Grocers by Vitamin Cottage during the 3rd quarter valued at about $430,000. 31.99% of the stock is currently owned by hedge funds and other institutional investors.

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.