14,492 Shares in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 14,492 shares of the specialty retailer’s stock, valued at approximately $430,000. Dynamic Technology Lab Private Ltd owned 0.06% of Natural Grocers by Vitamin Cottage at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Kingsview Wealth Management LLC purchased a new position in Natural Grocers by Vitamin Cottage during the third quarter worth about $421,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in Natural Grocers by Vitamin Cottage by 36.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 26,802 shares of the specialty retailer’s stock worth $796,000 after purchasing an additional 7,210 shares during the period. Segall Bryant & Hamill LLC purchased a new position in Natural Grocers by Vitamin Cottage during the third quarter worth about $361,000. Privium Fund Management B.V. purchased a new position in Natural Grocers by Vitamin Cottage during the third quarter worth about $326,000. Finally, Janney Montgomery Scott LLC raised its stake in Natural Grocers by Vitamin Cottage by 3.2% during the third quarter. Janney Montgomery Scott LLC now owns 36,781 shares of the specialty retailer’s stock worth $1,092,000 after purchasing an additional 1,150 shares during the period. 31.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Natural Grocers by Vitamin Cottage Price Performance

Natural Grocers by Vitamin Cottage stock opened at $47.06 on Friday. The company’s 50 day simple moving average is $30.74 and its 200-day simple moving average is $26.02. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of 31.80 and a beta of 1.23. Natural Grocers by Vitamin Cottage, Inc. has a 1 year low of $14.31 and a 1 year high of $47.56. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.96.

Natural Grocers by Vitamin Cottage Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Monday, December 2nd will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.02%. This is an increase from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Monday, December 2nd. Natural Grocers by Vitamin Cottage’s payout ratio is 32.43%.

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.