Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Insider Lark Isely Sells 2,000 Shares

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) insider Lark Isely sold 2,000 shares of the stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $44.26, for a total transaction of $88,520.00. Following the sale, the insider now owns 6,682 shares in the company, valued at $295,745.32. This represents a 23.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Natural Grocers by Vitamin Cottage Stock Performance

NYSE NGVC opened at $41.59 on Monday. The company has a current ratio of 0.96, a quick ratio of 0.15 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $953.70 million, a price-to-earnings ratio of 26.49 and a beta of 1.51. The firm’s 50 day simple moving average is $48.06 and its 200 day simple moving average is $44.02. Natural Grocers by Vitamin Cottage, Inc. has a 1 year low of $20.00 and a 1 year high of $61.22.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its quarterly earnings data on Thursday, May 8th. The specialty retailer reported $0.56 EPS for the quarter, beating the consensus estimate of $0.42 by $0.14. The business had revenue of $335.77 million during the quarter, compared to the consensus estimate of $329.66 million. Natural Grocers by Vitamin Cottage had a net margin of 2.84% and a return on equity of 21.12%. As a group, research analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 earnings per share for the current fiscal year.

Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 11th. Investors of record on Tuesday, May 27th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend was Tuesday, May 27th. Natural Grocers by Vitamin Cottage’s payout ratio is 26.97%.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Nkcfo LLC bought a new position in Natural Grocers by Vitamin Cottage in the 4th quarter valued at approximately $397,000. Van ECK Associates Corp lifted its stake in Natural Grocers by Vitamin Cottage by 33.3% in the 4th quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer’s stock valued at $91,000 after purchasing an additional 575 shares during the last quarter. Two Sigma Investments LP lifted its stake in Natural Grocers by Vitamin Cottage by 30.9% in the 4th quarter. Two Sigma Investments LP now owns 56,193 shares of the specialty retailer’s stock valued at $2,232,000 after purchasing an additional 13,255 shares during the last quarter. Vanguard Group Inc. lifted its stake in Natural Grocers by Vitamin Cottage by 6.0% in the 4th quarter. Vanguard Group Inc. now owns 689,291 shares of the specialty retailer’s stock valued at $27,379,000 after purchasing an additional 38,880 shares during the last quarter. Finally, Barclays PLC raised its stake in shares of Natural Grocers by Vitamin Cottage by 14.5% during the fourth quarter. Barclays PLC now owns 14,224 shares of the specialty retailer’s stock valued at $565,000 after acquiring an additional 1,804 shares during the last quarter. Institutional investors own 31.99% of the company’s stock.

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.