Natural Grocers by Vitamin Cottage (NYSE:NGVC) Shares Gap Up – Still a Buy?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) shares gapped up prior to trading on Friday . The stock had previously closed at $36.25, but opened at $38.23. Natural Grocers by Vitamin Cottage shares last traded at $41.19, with a volume of 82,448 shares trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 6th.

Natural Grocers by Vitamin Cottage Stock Up 21.4 %

The firm has a market capitalization of $1.00 billion, a P/E ratio of 31.81 and a beta of 1.23. The firm’s 50-day moving average is $29.03 and its 200 day moving average is $25.04. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.96.

Institutional Investors Weigh In On Natural Grocers by Vitamin Cottage

Several institutional investors and hedge funds have recently added to or reduced their stakes in NGVC. Vanguard Group Inc. lifted its position in Natural Grocers by Vitamin Cottage by 0.5% during the first quarter. Vanguard Group Inc. now owns 636,658 shares of the specialty retailer’s stock worth $11,492,000 after acquiring an additional 3,375 shares during the last quarter. American Century Companies Inc. boosted its stake in Natural Grocers by Vitamin Cottage by 28.3% in the 2nd quarter. American Century Companies Inc. now owns 304,382 shares of the specialty retailer’s stock valued at $6,453,000 after purchasing an additional 67,187 shares during the period. Geode Capital Management LLC raised its stake in Natural Grocers by Vitamin Cottage by 11.4% in the 3rd quarter. Geode Capital Management LLC now owns 219,301 shares of the specialty retailer’s stock worth $6,513,000 after purchasing an additional 22,413 shares in the last quarter. State Street Corp increased its stake in Natural Grocers by Vitamin Cottage by 1.0% during the 3rd 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 during the period. Finally, Bank of New York Mellon Corp increased its holdings in Natural Grocers by Vitamin Cottage by 0.5% in 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 buying an additional 937 shares during the period. 31.99% of the stock is owned by institutional investors.

Natural Grocers by Vitamin Cottage Company 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.