Golden State Wealth Management LLC Purchases Shares of 673 Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Golden State Wealth Management LLC purchased a new stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 673 shares of the specialty retailer’s stock, valued at approximately $27,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NGVC. Virtus Investment Advisers Inc. bought a new position in shares of Natural Grocers by Vitamin Cottage in the third quarter worth about $126,000. CreativeOne Wealth LLC bought a new position in shares of Natural Grocers by Vitamin Cottage in the third quarter worth about $202,000. Hancock Whitney Corp bought a new position in shares of Natural Grocers by Vitamin Cottage in the third quarter worth about $214,000. PFG Investments LLC bought a new position in shares of Natural Grocers by Vitamin Cottage in the fourth quarter worth about $224,000. Finally, Privium Fund Management B.V. bought a new position in shares of Natural Grocers by Vitamin Cottage in the third quarter worth about $326,000. 31.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Natural Grocers by Vitamin Cottage news, insider Charity Isely sold 2,000 shares of the company’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 completion of the sale, the insider now owns 12,290 shares of the company’s stock, valued at approximately $537,441.70. This represents a 14.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lark Isely sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $44.66, for a total transaction of $178,640.00. Following the completion of the sale, the insider now directly owns 8,682 shares of the company’s stock, valued at $387,738.12. The trade was a 31.54 % decrease in their position. The disclosure for this sale can be found here. 58.80% of the stock is currently owned by insiders.

Natural Grocers by Vitamin Cottage Trading Up 1.6 %

Shares of NYSE NGVC opened at $48.89 on Thursday. The company has a current ratio of 0.90, a quick ratio of 0.16 and a debt-to-equity ratio of 0.25. The company has a market cap of $1.12 billion, a PE ratio of 31.14 and a beta of 1.43. The company has a 50-day moving average of $42.05 and a two-hundred day moving average of $33.77. Natural Grocers by Vitamin Cottage, Inc. has a 1-year low of $14.70 and a 1-year high of $50.91.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its quarterly earnings results on Thursday, February 6th. The specialty retailer reported $0.43 earnings per share for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.84% and a return on equity of 21.58%. As a group, equities analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 1.56 earnings per share for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date is Monday, March 3rd. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is 30.57%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 13th.

Natural Grocers by Vitamin Cottage 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.