Natural Grocers by Vitamin Cottage (NYSE:NGVC) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC – Get Rating) in a research report report published on Thursday. The firm issued a buy rating on the specialty retailer’s stock.

Separately, TheStreet lowered shares of Natural Grocers by Vitamin Cottage from a b- rating to a c+ rating in a research report on Tuesday, December 13th.

Natural Grocers by Vitamin Cottage Stock Performance

Shares of NGVC opened at $10.78 on Thursday. Natural Grocers by Vitamin Cottage has a 12 month low of $8.00 and a 12 month high of $24.25. The firm has a fifty day simple moving average of $10.27 and a 200 day simple moving average of $10.73. The stock has a market capitalization of $245.03 million, a price-to-earnings ratio of 14.77 and a beta of 1.03. The company has a current ratio of 1.00, a quick ratio of 0.21 and a debt-to-equity ratio of 0.36.

Natural Grocers by Vitamin Cottage Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 15th. Shareholders of record on Monday, February 27th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 3.71%. The ex-dividend date was Friday, February 24th. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is currently 54.79%.

Institutional Trading of Natural Grocers by Vitamin Cottage

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its position in shares of Natural Grocers by Vitamin Cottage by 285.7% in the first quarter. PNC Financial Services Group Inc. now owns 1,998 shares of the specialty retailer’s stock valued at $39,000 after purchasing an additional 1,480 shares during the period. Lazard Asset Management LLC bought a new position in shares of Natural Grocers by Vitamin Cottage in the second quarter valued at about $35,000. Tower Research Capital LLC TRC raised its position in shares of Natural Grocers by Vitamin Cottage by 315.1% in the third quarter. Tower Research Capital LLC TRC now owns 2,478 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 1,881 shares during the period. Denali Advisors LLC raised its position in shares of Natural Grocers by Vitamin Cottage by 93.8% in the fourth quarter. Denali Advisors LLC now owns 6,200 shares of the specialty retailer’s stock valued at $57,000 after purchasing an additional 3,000 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of Natural Grocers by Vitamin Cottage by 67.0% in the fourth quarter. JPMorgan Chase & Co. now owns 8,347 shares of the specialty retailer’s stock valued at $76,000 after purchasing an additional 3,350 shares during the period. 32.07% of the stock is owned by institutional investors.

About Natural Grocers by Vitamin Cottage

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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.