Wall Street Zen upgraded shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC – Free Report) from a hold rating to a buy rating in a research note released on Saturday,Wall Street Zen reports.
Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Natural Grocers by Vitamin Cottage in a research report on Monday, August 24th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $47.00.
Read Our Latest Report on NGVC
Natural Grocers by Vitamin Cottage Trading Down 0.3%
Natural Grocers by Vitamin Cottage (NYSE:NGVC – Get Free Report) last posted its earnings results on Thursday, August 6th. The specialty retailer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.04). The business had revenue of $334.74 million for the quarter, compared to analysts’ expectations of $347.17 million. Natural Grocers by Vitamin Cottage had a return on equity of 21.11% and a net margin of 3.55%.Natural Grocers by Vitamin Cottage has set its FY 2026 guidance at 2.070-2.110 EPS. As a group, equities research analysts expect that Natural Grocers by Vitamin Cottage will post 2.09 EPS for the current fiscal year.
Natural Grocers by Vitamin Cottage Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Monday, August 17th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Monday, August 17th. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is currently 29.13%.
Institutional Investors Weigh In On Natural Grocers by Vitamin Cottage
A number of institutional investors and hedge funds have recently added to or reduced their stakes in NGVC. KBC Group NV purchased a new stake in Natural Grocers by Vitamin Cottage in the 1st quarter valued at $1,288,000. Wedge Capital Management L L P NC acquired a new stake in Natural Grocers by Vitamin Cottage during the 2nd quarter worth $1,658,000. BlackRock Inc. purchased a new position in Natural Grocers by Vitamin Cottage during the 2nd quarter worth $30,766,000. Manatuck Hill Partners LLC purchased a new position in Natural Grocers by Vitamin Cottage during the 2nd quarter worth $1,473,000. Finally, Green Alpha Advisors LLC acquired a new position in Natural Grocers by Vitamin Cottage in the second quarter valued at $2,004,000. Hedge funds and other institutional investors own 31.99% of the company’s stock.
Natural Grocers by Vitamin Cottage Company Profile
Natural Grocers by Vitamin Cottage, Inc operates a chain of specialty grocery stores focused on natural and organic products. Founded in 1955 by Margaret and Philip Isely in Lakewood, Colorado, the company has built a reputation on strict product standards, including certified organic produce, non-GMO groceries and dietary supplements. Natural Grocers emphasizes whole, unprocessed foods and carries a broad assortment of private-label and national brands that meet its quality guidelines.
The company’s core offerings include fresh fruits and vegetables, bulk foods, vitamins, minerals and nutritional supplements, as well as natural body care and household items.
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