Natural Grocers by Vitamin Cottage (NYSE:NGVC) Cut to Hold at Wall Street Zen

Wall Street Zen downgraded shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC) from a buy rating to a hold rating in a report published on Sunday,Wall Street Zen reports.

Several other equities research analysts have also recently weighed in on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Natural Grocers by Vitamin Cottage in a research report on Monday, August 24th. Zacks Research raised shares of Natural Grocers by Vitamin Cottage to a “hold” rating in a research report on Monday, September 21st. Finally, Bank of America assumed coverage on shares of Natural Grocers by Vitamin Cottage in a research note on Friday, September 18th. They set a “buy” rating and a $35.00 target price for the company. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.50.

Natural Grocers by Vitamin Cottage Trading Down 1.5%

Natural Grocers by Vitamin Cottage stock opened at $30.49 on Friday. Natural Grocers by Vitamin Cottage has a 52 week low of $23.47 and a 52 week high of $40.42. The business’s 50-day simple moving average is $29.30 and its 200-day simple moving average is $28.50.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its earnings results on Thursday, August 6th. The specialty retailer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.04). The company had revenue of $334.74 million during the quarter, compared to analysts’ expectations of $347.17 million. Natural Grocers by Vitamin Cottage has set its FY 2026 guidance at 2.070-2.110 EPS. As a group, research analysts predict that Natural Grocers by Vitamin Cottage will post 2.10 earnings per share for the current year.

Natural Grocers by Vitamin Cottage Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Monday, August 17th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.0%. The ex-dividend date was Monday, August 17th.

Institutional Trading of Natural Grocers by Vitamin Cottage

A number of hedge funds have recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the 2nd quarter worth approximately $30,766,000. Bank of New York Mellon Corp acquired a new position in shares of Natural Grocers by Vitamin Cottage in the second quarter valued at $5,366,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Natural Grocers by Vitamin Cottage in the second quarter valued at $2,751,000. Man Group plc bought a new position in Natural Grocers by Vitamin Cottage in the second quarter worth $2,308,000. Finally, Green Alpha Advisors LLC bought a new position in Natural Grocers by Vitamin Cottage in the second quarter worth $2,004,000. Institutional investors own 31.99% of the company’s stock.

About Natural Grocers by Vitamin Cottage

Natural Grocers by Vitamin Cottage, Inc is a specialty retailer focused on natural and organic groceries, dietary supplements, and health-oriented products. Its stores offer fresh produce, meat and seafood, dairy, bulk foods, packaged groceries, vitamins and supplements, personal care items, and household products. The company emphasizes products that meet its quality standards, including restrictions on artificial colors, flavors, preservatives, and genetically modified ingredients in many categories.

Founded in 1955 by Margaret and Philip Isely, Natural Grocers began as a small health-food store in Colorado and has grown into a regional supermarket chain.