Meeder Asset Management Inc. Takes $28,000 Position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Meeder Asset Management Inc. bought a new position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 693 shares of the specialty retailer’s stock, valued at approximately $28,000.

Several other hedge funds also recently added to or reduced their stakes in the company. Van ECK Associates Corp boosted its stake in shares of Natural Grocers by Vitamin Cottage by 33.3% during the fourth 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 period. Golden State Wealth Management LLC bought a new stake in Natural Grocers by Vitamin Cottage during the 4th quarter valued at about $27,000. Empowered Funds LLC boosted its position in Natural Grocers by Vitamin Cottage by 4.6% in the 4th quarter. Empowered Funds LLC now owns 15,487 shares of the specialty retailer’s stock valued at $615,000 after buying an additional 675 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Natural Grocers by Vitamin Cottage by 3.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 27,363 shares of the specialty retailer’s stock worth $1,087,000 after acquiring an additional 974 shares in the last quarter. Finally, Human Investing LLC purchased a new position in shares of Natural Grocers by Vitamin Cottage during the fourth quarter worth approximately $40,000. 31.99% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 13th.

Natural Grocers by Vitamin Cottage Stock Performance

Shares of Natural Grocers by Vitamin Cottage stock opened at $42.00 on Thursday. 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 stock’s fifty day moving average price is $42.41 and its 200-day moving average price is $37.61. The firm has a market cap of $963.10 million, a P/E ratio of 26.75 and a beta of 1.34. Natural Grocers by Vitamin Cottage, Inc. has a 12 month low of $15.82 and a 12 month high of $50.91.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its quarterly earnings results on Thursday, February 6th. The specialty retailer reported $0.43 EPS for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.84% and a return on equity of 21.12%. On average, equities 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 declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend was Monday, March 3rd. Natural Grocers by Vitamin Cottage’s payout ratio is 30.57%.

Natural Grocers by Vitamin Cottage Company 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.