Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Shares Sold by LSV Asset Management

LSV Asset Management trimmed its position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 17.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 140,780 shares of the specialty retailer’s stock after selling 28,990 shares during the quarter. LSV Asset Management owned approximately 0.62% of Natural Grocers by Vitamin Cottage worth $2,985,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Bank of New York Mellon Corp lifted its stake in shares of Natural Grocers by Vitamin Cottage by 0.5% in the second quarter. Bank of New York Mellon Corp now owns 178,328 shares of the specialty retailer’s stock valued at $3,781,000 after purchasing an additional 937 shares during the period. Panagora Asset Management Inc. grew its holdings in Natural Grocers by Vitamin Cottage by 4.2% in the fourth quarter. Panagora Asset Management Inc. now owns 42,084 shares of the specialty retailer’s stock valued at $673,000 after purchasing an additional 1,677 shares during the period. EntryPoint Capital LLC purchased a new stake in Natural Grocers by Vitamin Cottage during the first quarter worth approximately $36,000. Janney Montgomery Scott LLC grew its stake in Natural Grocers by Vitamin Cottage by 9.1% during the first quarter. Janney Montgomery Scott LLC now owns 34,475 shares of the specialty retailer’s stock worth $622,000 after buying an additional 2,868 shares during the period. Finally, Linden Thomas Advisory Services LLC grew its stake in Natural Grocers by Vitamin Cottage by 8.0% during the second quarter. Linden Thomas Advisory Services LLC now owns 40,628 shares of the specialty retailer’s stock worth $861,000 after buying an additional 3,018 shares during the period. 31.99% of the stock is owned by hedge funds and other institutional investors.

Natural Grocers by Vitamin Cottage Trading Up 2.4 %

NYSE NGVC opened at $27.93 on Friday. The company’s fifty day simple moving average is $24.73 and its 200-day simple moving average is $20.76. Natural Grocers by Vitamin Cottage, Inc. has a 52 week low of $11.93 and a 52 week high of $28.31. The company has a current ratio of 0.96, a quick ratio of 0.18 and a debt-to-equity ratio of 0.36. The stock has a market cap of $636.58 million, a P/E ratio of 22.17 and a beta of 1.21.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its earnings results on Thursday, August 8th. The specialty retailer reported $0.40 EPS for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.54% and a return on equity of 18.89%. The business had revenue of $309.08 million for the quarter. Equities research analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.31 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 18th. Stockholders of record on Tuesday, September 3rd will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, September 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.43%. Natural Grocers by Vitamin Cottage’s payout ratio is currently 31.75%.

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 note 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.