Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Insider Sells $87,460.00 in Stock

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) insider Charity Isely sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $43.73, for a total value of $87,460.00. Following the transaction, the insider now directly owns 12,290 shares of the company’s stock, valued at approximately $537,441.70. This trade represents a 14.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Natural Grocers by Vitamin Cottage Stock Performance

Shares of NGVC opened at $43.40 on Friday. The business’s fifty day simple moving average is $34.01 and its two-hundred day simple moving average is $27.65. The company has a current ratio of 0.96, a quick ratio of 0.18 and a debt-to-equity ratio of 0.36. Natural Grocers by Vitamin Cottage, Inc. has a 12 month low of $14.31 and a 12 month high of $47.56. The company has a market cap of $988.97 million, a price-to-earnings ratio of 29.32 and a beta of 1.40.

Natural Grocers by Vitamin Cottage Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Monday, December 2nd will be paid a $0.12 dividend. This is an increase from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend is Monday, December 2nd. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is 32.43%.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

A number of institutional investors and hedge funds have recently modified their holdings of the company. Barclays PLC boosted its stake in shares of Natural Grocers by Vitamin Cottage by 285.2% in the 3rd quarter. Barclays PLC now owns 12,420 shares of the specialty retailer’s stock worth $368,000 after buying an additional 9,196 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Natural Grocers by Vitamin Cottage by 11.4% in the 3rd quarter. Geode Capital Management LLC now owns 219,301 shares of the specialty retailer’s stock worth $6,513,000 after buying an additional 22,413 shares during the last quarter. Jane Street Group LLC raised its holdings in Natural Grocers by Vitamin Cottage by 67.6% in the 3rd quarter. Jane Street Group LLC now owns 22,354 shares of the specialty retailer’s stock worth $664,000 after purchasing an additional 9,018 shares during the period. Virtus Investment Advisers Inc. bought a new position in Natural Grocers by Vitamin Cottage in the 3rd quarter worth $126,000. Finally, State Street Corp raised its holdings in Natural Grocers by Vitamin Cottage by 1.0% in the 3rd quarter. State Street Corp now owns 193,350 shares of the specialty retailer’s stock worth $5,741,000 after purchasing an additional 1,983 shares during the period. 31.99% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

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.