Natural Grocers by Vitamin Cottage (NYSE:NGVC) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $28.87 and traded as high as $40.36. Natural Grocers by Vitamin Cottage shares last traded at $40.30, with a volume of 81,876 shares changing hands.

Analyst Ratings Changes

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

Natural Grocers by Vitamin Cottage Stock Down 2.5 %

The company has a current ratio of 0.96, a quick ratio of 0.18 and a debt-to-equity ratio of 0.36. The firm has a 50 day moving average price of $36.95 and a 200-day moving average price of $29.08. The firm has a market cap of $899.75 million, a price-to-earnings ratio of 26.54 and a beta of 1.40.

Natural Grocers by Vitamin Cottage Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Monday, December 2nd were given a dividend of $0.12 per share. This is an increase from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.48 annualized dividend and a yield of 1.22%. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is presently 32.43%.

Insider Activity

In other Natural Grocers by Vitamin Cottage news, insider Charity Isely sold 2,000 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $43.73, for a total transaction of $87,460.00. Following the transaction, the insider now owns 12,290 shares of the company’s stock, valued at $537,441.70. This represents a 14.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Lark Isely sold 4,000 shares of the company’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $44.66, for a total value of $178,640.00. Following the completion of the transaction, the insider now owns 8,682 shares of the company’s stock, valued at $387,738.12. The trade was a 31.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 59.40% of the company’s stock.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Several institutional investors and hedge funds have recently bought and sold shares of NGVC. Lord Abbett & CO. LLC raised its position in shares of Natural Grocers by Vitamin Cottage by 64.7% in the 3rd quarter. Lord Abbett & CO. LLC now owns 449,007 shares of the specialty retailer’s stock worth $13,331,000 after buying an additional 176,361 shares during the period. American Century Companies Inc. increased its position in Natural Grocers by Vitamin Cottage by 28.3% during the 2nd quarter. American Century Companies Inc. now owns 304,382 shares of the specialty retailer’s stock worth $6,453,000 after purchasing an additional 67,187 shares in the last quarter. Geode Capital Management LLC lifted its position in Natural Grocers by Vitamin Cottage by 11.4% during the third quarter. Geode Capital Management LLC now owns 219,301 shares of the specialty retailer’s stock valued at $6,513,000 after buying an additional 22,413 shares in the last quarter. State Street Corp increased its position in shares of Natural Grocers by Vitamin Cottage by 1.0% in the third quarter. State Street Corp now owns 193,350 shares of the specialty retailer’s stock worth $5,741,000 after acquiring an additional 1,983 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 0.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 178,328 shares of the specialty retailer’s stock valued at $3,781,000 after acquiring an additional 937 shares in the last quarter. Institutional investors and hedge funds own 31.99% of the company’s stock.

About Natural Grocers by Vitamin Cottage

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.