State Board of Administration of Florida Retirement System Makes New Investment in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

State Board of Administration of Florida Retirement System acquired a new position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVCGet Rating) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 23,643 shares of the specialty retailer’s stock, valued at approximately $377,000.

Several other large investors have also recently added to or reduced their stakes in NGVC. Acuitas Investments LLC grew its stake in Natural Grocers by Vitamin Cottage by 1.7% during the first quarter. Acuitas Investments LLC now owns 256,079 shares of the specialty retailer’s stock worth $5,019,000 after buying an additional 4,400 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in shares of Natural Grocers by Vitamin Cottage during the first quarter valued at approximately $786,000. Bank of New York Mellon Corp grew its stake in shares of Natural Grocers by Vitamin Cottage by 0.3% during the first quarter. Bank of New York Mellon Corp now owns 165,647 shares of the specialty retailer’s stock valued at $3,247,000 after purchasing an additional 549 shares during the last quarter. First Eagle Investment Management LLC grew its stake in shares of Natural Grocers by Vitamin Cottage by 24.7% during the first quarter. First Eagle Investment Management LLC now owns 79,627 shares of the specialty retailer’s stock valued at $1,561,000 after purchasing an additional 15,761 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Natural Grocers by Vitamin Cottage by 34.3% during the first quarter. American Century Companies Inc. now owns 57,458 shares of the specialty retailer’s stock valued at $1,126,000 after purchasing an additional 14,671 shares during the last quarter. 36.35% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 16th.

Natural Grocers by Vitamin Cottage Price Performance

NGVC opened at $10.33 on Monday. Natural Grocers by Vitamin Cottage, Inc. has a one year low of $9.86 and a one year high of $24.25. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.09 and a quick ratio of 0.25. The company’s 50 day simple moving average is $11.48 and its 200-day simple moving average is $14.64. The stock has a market capitalization of $234.25 million, a P/E ratio of 11.11 and a beta of 1.17.

Natural Grocers by Vitamin Cottage Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 14th. Shareholders of record on Monday, November 28th will be paid a $0.10 dividend. The ex-dividend date is Friday, November 25th. This represents a $0.40 dividend on an annualized basis and a yield of 3.87%. Natural Grocers by Vitamin Cottage’s payout ratio is presently 43.01%.

About Natural Grocers by Vitamin Cottage

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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; bulk food products; private label products comprising pasta, pasta sauce, ketchup, canned beans and vegetables, frozen vegetables, frozen fruits, frozen meals, frozen pizza, bread, baking mixes, plant based butter, olive and coconut oil, coconut milk, honey, maple syrup, preserves, chocolate, coffee, bacon, beef jerky, canned seafood, popcorn, tortilla chips, taco shells, eggs, cheese, apple sauce, apple cider vinegar, spring water, paper products, cleaning products, and other products; 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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Institutional Ownership by Quarter for Natural Grocers by Vitamin Cottage (NYSE:NGVC)

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