Natural Grocers by Vitamin Cottage (NYSE:NGVC) Sets New 52-Week High at $26.70

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $26.70 and last traded at $26.64, with a volume of 14694 shares trading hands. The stock had previously closed at $26.29.

Natural Grocers by Vitamin Cottage Trading Up 3.6 %

The stock has a market capitalization of $620.91 million, a P/E ratio of 21.62 and a beta of 1.21. The firm’s 50 day moving average price is $22.19 and its 200 day moving average price is $18.64. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.88 and a quick ratio of 0.15.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its quarterly earnings data on Thursday, May 9th. The specialty retailer reported $0.35 EPS for the quarter. The firm had revenue of $308.09 million during the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.42% and a return on equity of 17.60%. During the same period last year, the company posted $0.29 earnings per share. As a group, equities research analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 1.13 earnings per share for the current fiscal year.

Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 19th. Investors of record on Monday, June 3rd were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend was Monday, June 3rd. Natural Grocers by Vitamin Cottage’s payout ratio is currently 31.75%.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Institutional investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC raised its stake in Natural Grocers by Vitamin Cottage by 159.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,847 shares of the specialty retailer’s stock worth $30,000 after buying an additional 1,136 shares in the last quarter. EntryPoint Capital LLC bought a new position in Natural Grocers by Vitamin Cottage in the first quarter worth about $36,000. AJOVista LLC bought a new position in shares of Natural Grocers by Vitamin Cottage during the fourth quarter valued at approximately $75,000. 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. Finally, Quadrature Capital Ltd bought a new position in shares of Natural Grocers by Vitamin Cottage during the fourth quarter valued at approximately $349,000. 31.99% of the stock is owned by institutional investors.

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.