Natural Grocers by Vitamin Cottage (NYSE:NGVC) Sets New 1-Year High – Should You Buy?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $47.57 and last traded at $47.32, with a volume of 4284 shares traded. The stock had previously closed at $46.57.

Wall Street Analyst Weigh In

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, November 22nd.

Natural Grocers by Vitamin Cottage Stock Down 0.1 %

The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.96. The stock’s 50 day moving average price is $30.06 and its 200-day moving average price is $25.73. The company has a market cap of $1.06 billion, a PE ratio of 31.47 and a beta of 1.23.

Natural Grocers by Vitamin Cottage Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Monday, December 2nd will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date is Monday, December 2nd. This is a positive change from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. Natural Grocers by Vitamin Cottage’s payout ratio is 27.03%.

Institutional Trading of Natural Grocers by Vitamin Cottage

Hedge funds and other institutional investors have recently bought and sold shares of the stock. EntryPoint Capital LLC purchased a new stake in Natural Grocers by Vitamin Cottage during the 1st quarter valued at $36,000. Virtus Investment Advisers Inc. purchased a new stake in shares of Natural Grocers by Vitamin Cottage during the third quarter worth about $126,000. CreativeOne Wealth LLC bought a new stake in shares of Natural Grocers by Vitamin Cottage in the third quarter worth about $202,000. Hancock Whitney Corp purchased a new position in Natural Grocers by Vitamin Cottage during the 3rd quarter valued at about $214,000. Finally, State Board of Administration of Florida Retirement System bought a new position in shares of Natural Grocers by Vitamin Cottage during the first quarter valued at approximately $216,000. 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.