Segall Bryant & Hamill LLC Takes $361,000 Position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Segall Bryant & Hamill LLC acquired a new stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,168 shares of the specialty retailer’s stock, valued at approximately $361,000.

Several other large investors have also modified their holdings of NGVC. Privium Fund Management B.V. acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the third quarter worth $326,000. Janney Montgomery Scott LLC lifted its holdings in shares of 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. Marshall Wace LLP lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 49.3% during the second quarter. Marshall Wace LLP now owns 43,437 shares of the specialty retailer’s stock worth $921,000 after purchasing an additional 14,338 shares during the period. Inspire Investing LLC acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the second quarter worth $353,000. Finally, American Century Companies Inc. lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 28.3% during the second quarter. American Century Companies Inc. now owns 304,382 shares of the specialty retailer’s stock worth $6,453,000 after purchasing an additional 67,187 shares during the period. 31.99% of the stock is owned by institutional investors and hedge funds.

Natural Grocers by Vitamin Cottage Price Performance

Natural Grocers by Vitamin Cottage stock opened at $45.60 on Monday. Natural Grocers by Vitamin Cottage, Inc. has a one year low of $14.31 and a one year high of $45.61. The company has a market cap of $1.04 billion, a P/E ratio of 30.81 and a beta of 1.23. The business has a fifty day moving average of $29.36 and a two-hundred day moving average of $25.34. 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 disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Monday, December 2nd will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Monday, December 2nd. This is a boost from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is currently 27.03%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a report on Friday.

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.