Natural Grocers by Vitamin Cottage, Inc. (NGVC) Position Reduced by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP lowered its position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 86.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,000 shares of the specialty retailer’s stock after selling 664,614 shares during the period. Westfield Capital Management Co. LP owned about 0.45% of Natural Grocers by Vitamin Cottage worth $558,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Northern Trust Corp lifted its position in shares of Natural Grocers by Vitamin Cottage by 1.0% during the 2nd quarter. Northern Trust Corp now owns 103,603 shares of the specialty retailer’s stock valued at $857,000 after acquiring an additional 1,056 shares during the period. New York State Common Retirement Fund lifted its position in shares of Natural Grocers by Vitamin Cottage by 17.7% during the 2nd quarter. New York State Common Retirement Fund now owns 15,284 shares of the specialty retailer’s stock valued at $126,000 after acquiring an additional 2,293 shares during the period. Nationwide Fund Advisors lifted its position in shares of Natural Grocers by Vitamin Cottage by 144.4% during the 3rd quarter. Nationwide Fund Advisors now owns 17,941 shares of the specialty retailer’s stock valued at $100,000 after acquiring an additional 10,600 shares during the period. Schwab Charles Investment Management Inc. lifted its position in shares of Natural Grocers by Vitamin Cottage by 75.8% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 26,916 shares of the specialty retailer’s stock valued at $223,000 after acquiring an additional 11,603 shares during the period. Finally, Tudor Investment Corp ET AL acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the 2nd quarter valued at approximately $108,000. Hedge funds and other institutional investors own 25.77% of the company’s stock.

NGVC has been the subject of a number of research reports. Citigroup reduced their price target on shares of Natural Grocers by Vitamin Cottage from $10.50 to $7.50 and set a “buy” rating for the company in a research report on Monday, August 14th. TheStreet upgraded shares of Natural Grocers by Vitamin Cottage from a “d+” rating to a “c” rating in a research report on Friday, December 1st. Royal Bank Of Canada reiterated a “hold” rating and set a $11.00 price target on shares of Natural Grocers by Vitamin Cottage in a research report on Monday, November 20th. Deutsche Bank reduced their price target on shares of Natural Grocers by Vitamin Cottage from $8.00 to $6.00 and set a “hold” rating for the company in a research report on Friday, November 17th. Finally, Zacks Investment Research upgraded shares of Natural Grocers by Vitamin Cottage from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $8.70.

Shares of Natural Grocers by Vitamin Cottage, Inc. (NGVC) traded up $0.12 on Wednesday, hitting $8.18. 34,055 shares of the stock were exchanged, compared to its average volume of 146,194. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.14 and a current ratio of 1.40. Natural Grocers by Vitamin Cottage, Inc. has a fifty-two week low of $4.79 and a fifty-two week high of $13.79. The stock has a market cap of $180.83, a PE ratio of 26.48, a price-to-earnings-growth ratio of 4.96 and a beta of 1.09.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.06 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.01. Natural Grocers by Vitamin Cottage had a net margin of 0.90% and a return on equity of 5.28%. The business had revenue of $198.50 million during the quarter, compared to analysts’ expectations of $193.76 million. During the same period last year, the company posted $0.07 EPS. The company’s revenue was up 9.7% on a year-over-year basis. equities analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 0.24 earnings per share for the current year.

In other news, CFO Sandra Buffa sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $5.53, for a total transaction of $553,000.00. Following the completion of the transaction, the chief financial officer now directly owns 135,091 shares of the company’s stock, valued at approximately $747,053.23. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 60.00% of the company’s stock.

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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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Institutional Ownership by Quarter for Natural Grocers by Vitamin Cottage (NYSE:NGVC)

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