Natural Grocers by Vitamin Cottage (NYSE:NGVC) Share Price Crosses Above 200 Day Moving Average of $10.47

Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC – Get Rating) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.47 and traded as high as $11.78. Natural Grocers by Vitamin Cottage shares last traded at $11.62, with a volume of 23,262 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Natural Grocers by Vitamin Cottage in a research report on Thursday, May 18th. They issued a “strong-buy” rating for the company.

Natural Grocers by Vitamin Cottage Price Performance

The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.21 and a current ratio of 1.04. The company has a 50-day moving average of $11.08 and a 200-day moving average of $10.47. The firm has a market capitalization of $264.12 million, a price-to-earnings ratio of 16.37 and a beta of 1.04.

Natural Grocers by Vitamin Cottage Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 14th. Investors of record on Tuesday, May 30th will be given a $0.10 dividend. The ex-dividend date is Friday, May 26th. This represents a $0.40 annualized dividend and a dividend yield of 3.44%. Natural Grocers by Vitamin Cottage’s dividend payout ratio is presently 56.34%.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Large investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC boosted its position in Natural Grocers by Vitamin Cottage by 315.1% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,478 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 1,881 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Natural Grocers by Vitamin Cottage by 285.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,998 shares of the specialty retailer’s stock worth $39,000 after acquiring an additional 1,480 shares during the last quarter. Denali Advisors LLC boosted its holdings in shares of Natural Grocers by Vitamin Cottage by 93.8% in the 4th quarter. Denali Advisors LLC now owns 6,200 shares of the specialty retailer’s stock valued at $57,000 after buying an additional 3,000 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of Natural Grocers by Vitamin Cottage by 20.6% in the 1st quarter. Deutsche Bank AG now owns 6,111 shares of the specialty retailer’s stock valued at $72,000 after buying an additional 1,044 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Natural Grocers by Vitamin Cottage by 67.0% in the 4th quarter. JPMorgan Chase & Co. now owns 8,347 shares of the specialty retailer’s stock valued at $76,000 after buying an additional 3,350 shares during the last quarter. Institutional investors and hedge funds own 32.07% of the company’s stock.

Natural Grocers by Vitamin Cottage Company Profile

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Natural Grocers by Vitamin Cottage, Inc engages in the retail of natural and organic groceries and dietary supplements. Its products include natural & organic food, dietary supplements, natural body care, household, and pet care products. The company was founded by Margaret Isely and Henry Philip Isely in 1955 and is headquartered in Lakewood, CO.