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

by · The Cerbat Gem

Wall Street Zen downgraded shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC – Free Report) from a buy rating to a hold rating in a research note released on Friday.

Natural Grocers by Vitamin Cottage Stock Performance

Shares of NGVC opened at $38.79 on Friday. The stock has a 50-day moving average of $39.16 and a two-hundred day moving average of $42.52. Natural Grocers by Vitamin Cottage has a one year low of $24.99 and a one year high of $61.22. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.21 and a current ratio of 1.02. The stock has a market cap of $890.21 million, a P/E ratio of 20.63 and a beta of 1.61.

Natural Grocers by Vitamin Cottage (NYSE:NGVC – Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The specialty retailer reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01. Natural Grocers by Vitamin Cottage had a return on equity of 23.47% and a net margin of 3.31%.The company had revenue of $328.71 million during the quarter, compared to analysts’ expectations of $335.01 million. Natural Grocers by Vitamin Cottage has set its FY 2025 guidance at 1.900-1.950 EPS. As a group, research analysts predict that Natural Grocers by Vitamin Cottage will post 1.61 EPS for the current year.

Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Tuesday, September 2nd will be paid a dividend of $0.12 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.2%. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is presently 25.53%.

Insider Buying and Selling at Natural Grocers by Vitamin Cottage

In other Natural Grocers by Vitamin Cottage news, insider Lark Isely sold 2,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $40.00, for a total transaction of $80,000.00. Following the completion of the transaction, the insider owned 4,682 shares in the company, valued at approximately $187,280. This trade represents a 29.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In the last ninety days, insiders sold 4,500 shares of company stock worth $189,020. Company insiders own 58.80% of the company’s stock.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

A number of institutional investors have recently modified their holdings of NGVC. McIlrath & Eck LLC raised its stake in shares of Natural Grocers by Vitamin Cottage by 86.2% during the 1st quarter. McIlrath & Eck LLC now owns 661 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 306 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Natural Grocers by Vitamin Cottage by 136.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,114 shares of the specialty retailer’s stock valued at $44,000 after buying an additional 643 shares during the last quarter. Ameritas Investment Partners Inc. raised its stake in shares of Natural Grocers by Vitamin Cottage by 48.9% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,303 shares of the specialty retailer’s stock valued at $51,000 after buying an additional 428 shares during the last quarter. CWM LLC raised its stake in shares of Natural Grocers by Vitamin Cottage by 167.8% during the 1st quarter. CWM LLC now owns 1,291 shares of the specialty retailer’s stock valued at $52,000 after buying an additional 809 shares during the last quarter. Finally, State of Wyoming purchased a new position in shares of Natural Grocers by Vitamin Cottage during the 1st quarter valued at about $57,000. Hedge funds and other institutional investors own 31.99% of the company’s stock.

Natural Grocers by Vitamin Cottage Company Profile

(Get Free Report)

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.

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