Shares of Natural Grocers by Vitamin Cottage Inc. (NYSE:NGVC) have been assigned an average recommendation of “Hold” from the twelve brokerages that are presently covering the firm. One analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $19.78.

Several brokerages recently issued reports on NGVC. Jefferies Group set a $15.00 price target on Natural Grocers by Vitamin Cottage and gave the company a “buy” rating in a research report on Saturday, October 1st. Zacks Investment Research upgraded Natural Grocers by Vitamin Cottage from a “sell” rating to a “hold” rating in a research report on Wednesday, July 20th. Finally, Barclays PLC began coverage on Natural Grocers by Vitamin Cottage in a research report on Friday, September 23rd. They issued an “equal weight” rating and a $12.00 price target on the stock.

In other Natural Grocers by Vitamin Cottage news, Director Edward Cerkovnik acquired 4,000 shares of the stock in a transaction on Wednesday, August 3rd. The shares were bought at an average price of $12.85 per share, with a total value of $51,400.00. Following the acquisition, the director now owns 9,684 shares of the company’s stock, valued at $124,439.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 60.00% of the stock is owned by company insiders.

A number of large investors have recently made changes to their positions in the stock. Emerald Acquisition Ltd. acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the second quarter worth $1,032,000. Point72 Asset Management L.P. acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the second quarter worth $914,000. FMR LLC raised its stake in shares of Natural Grocers by Vitamin Cottage by 3.1% in the second quarter. FMR LLC now owns 1,197,149 shares of the company’s stock worth $15,623,000 after buying an additional 36,030 shares in the last quarter. Kornitzer Capital Management Inc. KS raised its stake in shares of Natural Grocers by Vitamin Cottage by 99.2% in the second quarter. Kornitzer Capital Management Inc. KS now owns 70,500 shares of the company’s stock worth $920,000 after buying an additional 35,100 shares in the last quarter. Finally, Royce & Associates LP raised its stake in shares of Natural Grocers by Vitamin Cottage by 12.5% in the first quarter. Royce & Associates LP now owns 315,000 shares of the company’s stock worth $6,700,000 after buying an additional 35,000 shares in the last quarter. 31.30% of the stock is currently owned by institutional investors.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) opened at 11.75 on Wednesday. Natural Grocers by Vitamin Cottage has a one year low of $10.63 and a one year high of $25.73. The firm has a market cap of $264.29 million, a PE ratio of 20.61 and a beta of 0.97. The firm’s 50 day moving average price is $11.56 and its 200-day moving average price is $13.88.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.12 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.12. The firm had revenue of $179.27 million for the quarter, compared to analysts’ expectations of $179.15 million. Natural Grocers by Vitamin Cottage had a return on equity of 10.66% and a net margin of 1.88%. The firm’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.19 EPS. Equities analysts predict that Natural Grocers by Vitamin Cottage will post $0.52 EPS for the current fiscal year.

About Natural Grocers by Vitamin Cottage

Natural Grocers By Vitamin Cottage Inc (Natural Grocers) is a specialty retailer of natural and organic groceries and dietary supplements. The Company sells natural and organic groceries and dietary supplements. The Company’s grocery products include: bulk food and private label products, dry, frozen and canned groceries, meats and seafood, dairy products and dairy substitutes, prepared foods, bread and baked goods, and beverages.

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