Natural Grocers by Vitamin Cottage (NYSE:NGVC) Trading Down 4.1% – Should You Sell?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s stock price fell 4.1% on Monday . The company traded as low as $39.64 and last traded at $39.77. 23,125 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 63,628 shares. The stock had previously closed at $41.45.

Wall Street Analyst Weigh In

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

Natural Grocers by Vitamin Cottage Trading Down 0.7 %

The firm’s 50-day simple moving average is $38.32 and its 200-day simple moving average is $29.82. The firm has a market capitalization of $943.27 million, a PE ratio of 27.82 and a beta of 1.44. The company has a quick ratio of 0.18, a current ratio of 0.96 and a debt-to-equity ratio of 0.36.

Natural Grocers by Vitamin Cottage Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Monday, December 2nd were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend was Monday, December 2nd. This is a positive change from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. Natural Grocers by Vitamin Cottage’s payout ratio is currently 32.43%.

Insider Buying and Selling at Natural Grocers by Vitamin Cottage

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Virtus Investment Advisers Inc. bought a new stake in shares of Natural Grocers by Vitamin Cottage during the 3rd quarter valued at about $126,000. CreativeOne Wealth LLC purchased a new position in shares of Natural Grocers by Vitamin Cottage in the third quarter worth approximately $202,000. Hancock Whitney Corp bought a new stake in Natural Grocers by Vitamin Cottage during the third quarter valued at approximately $214,000. Privium Fund Management B.V. purchased a new stake in Natural Grocers by Vitamin Cottage during the third quarter valued at approximately $326,000. Finally, Segall Bryant & Hamill LLC bought a new position in Natural Grocers by Vitamin Cottage in the third quarter worth approximately $361,000. Institutional investors 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.