Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Insider Sells $178,640.00 in Stock

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) insider Lark Isely sold 4,000 shares of the business’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $44.66, for a total transaction of $178,640.00. Following the completion of the sale, the insider now directly owns 8,682 shares in the company, valued at approximately $387,738.12. This represents a 31.54 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Natural Grocers by Vitamin Cottage Price Performance

Shares of NGVC opened at $43.67 on Friday. The firm has a market cap of $995.41 million, a PE ratio of 29.51 and a beta of 1.40. Natural Grocers by Vitamin Cottage, Inc. has a 52-week low of $14.31 and a 52-week high of $47.56. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.96. The business’s 50 day moving average price is $32.78 and its two-hundred day moving average price is $27.08.

Natural Grocers by Vitamin Cottage Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Monday, December 2nd will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.10%. This is a boost from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. The ex-dividend date is Monday, December 2nd. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is presently 32.43%.

Institutional Trading of Natural Grocers by Vitamin Cottage

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Natural Grocers by Vitamin Cottage by 0.5% during the first quarter. Vanguard Group Inc. now owns 636,658 shares of the specialty retailer’s stock valued at $11,492,000 after acquiring an additional 3,375 shares in the last quarter. Linden Thomas Advisory Services LLC grew its holdings in shares of 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 valued at $861,000 after buying an additional 3,018 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Natural Grocers by Vitamin Cottage by 0.5% during 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 buying an additional 937 shares during the last quarter. Panagora Asset Management Inc. increased its position in shares of Natural Grocers by Vitamin Cottage by 14.4% during the second quarter. Panagora Asset Management Inc. now owns 57,533 shares of the specialty retailer’s stock worth $1,220,000 after acquiring an additional 7,254 shares in the last quarter. Finally, Ritholtz Wealth Management raised its holdings in shares of Natural Grocers by Vitamin Cottage by 21.0% in the 2nd quarter. Ritholtz Wealth Management now owns 28,655 shares of the specialty retailer’s stock worth $607,000 after acquiring an additional 4,980 shares during the last quarter. 31.99% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com raised Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a research note on Friday, November 22nd.

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.