Royce & Associates LP Decreases Position in Natural Grocers by Vitamin Cottage Inc (NGVC)

Royce & Associates LP trimmed its holdings in shares of Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) by 53.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 383,468 shares of the specialty retailer’s stock after selling 441,226 shares during the quarter. Royce & Associates LP owned approximately 1.71% of Natural Grocers by Vitamin Cottage worth $2,140,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of NGVC. Citadel Advisors LLC grew its holdings in Natural Grocers by Vitamin Cottage by 165.4% in the second quarter. Citadel Advisors LLC now owns 85,640 shares of the specialty retailer’s stock worth $709,000 after purchasing an additional 53,375 shares during the last quarter. GMT Capital Corp purchased a new position in Natural Grocers by Vitamin Cottage in the third quarter worth $509,000. Westfield Capital Management Co. LP grew its holdings in Natural Grocers by Vitamin Cottage by 17.5% in the second quarter. Westfield Capital Management Co. LP now owns 764,614 shares of the specialty retailer’s stock worth $6,323,000 after purchasing an additional 113,759 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Natural Grocers by Vitamin Cottage by 29.8% in the second quarter. Dimensional Fund Advisors LP now owns 448,490 shares of the specialty retailer’s stock worth $3,709,000 after purchasing an additional 102,891 shares during the last quarter. Finally, Quantum Capital Management purchased a new position in Natural Grocers by Vitamin Cottage in the third quarter worth $1,040,000. 25.83% of the stock is currently owned by institutional investors.

Several equities analysts have issued reports on NGVC shares. TheStreet raised shares of Natural Grocers by Vitamin Cottage from a “d+” rating to a “c” rating in a report on Friday, December 1st. Zacks Investment Research raised shares of Natural Grocers by Vitamin Cottage from a “sell” rating to a “hold” rating in a report on Wednesday. Royal Bank of Canada reaffirmed a “hold” rating and issued a $11.00 price target on shares of Natural Grocers by Vitamin Cottage in a report on Monday, November 20th. Finally, Deutsche Bank cut their price target on shares of Natural Grocers by Vitamin Cottage from $8.00 to $6.00 and set a “hold” rating on the stock in a report on Friday, November 17th. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Natural Grocers by Vitamin Cottage has an average rating of “Hold” and an average target price of $8.70.

Shares of Natural Grocers by Vitamin Cottage Inc (NYSE NGVC) traded down $0.09 on Friday, hitting $8.33. 59,307 shares of the stock were exchanged, compared to its average volume of 96,533. The stock has a market capitalization of $186.16, a price-to-earnings ratio of 26.87, a PEG ratio of 5.14 and a beta of 1.08. The company has a quick ratio of 0.20, a current ratio of 1.51 and a debt-to-equity ratio of 0.46. Natural Grocers by Vitamin Cottage Inc has a 12-month low of $4.79 and a 12-month high of $13.79.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. The firm had revenue of $198.50 million for the quarter, compared to analyst estimates of $193.76 million. Natural Grocers by Vitamin Cottage had a net margin of 0.90% and a return on equity of 5.25%. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.07 earnings per share. equities research analysts forecast that Natural Grocers by Vitamin Cottage Inc will post 0.24 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Royce & Associates LP Decreases Position in Natural Grocers by Vitamin Cottage Inc (NGVC)” was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece on another publication, it was copied illegally and republished in violation of US and international trademark & copyright legislation. The original version of this piece can be read at https://ledgergazette.com/2018/01/13/natural-grocers-by-vitamin-cottage-inc-ngvc-shares-sold-by-royce-associates-lp.html.

Natural Grocers by Vitamin Cottage Company Profile

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.

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

Receive News & Ratings for Natural Grocers by Vitamin Cottage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Grocers by Vitamin Cottage and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply