Natural Grocers by Vitamin Cottage (NYSE:NGVC) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $28.87 and traded as high as $40.36. Natural Grocers by Vitamin Cottage shares last traded at $40.30, with a volume of 81,876 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com raised 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 Stock Performance

The company’s 50-day simple moving average is $36.46 and its 200 day simple moving average is $28.87. The stock has a market cap of $923.11 million, a P/E ratio of 27.23 and a beta of 1.40. The company has a current ratio of 0.96, a quick ratio of 0.18 and a debt-to-equity ratio of 0.36.

Natural Grocers by Vitamin Cottage Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Monday, December 2nd were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend was Monday, December 2nd. This is an increase from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. Natural Grocers by Vitamin Cottage’s dividend payout ratio is 32.43%.

Insider Activity

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

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Large investors have recently modified their holdings of the business. Bank of New York Mellon Corp boosted 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 worth $3,781,000 after buying an additional 937 shares during the period. Panagora Asset Management Inc. raised its stake in shares of Natural Grocers by Vitamin Cottage by 14.4% during the 2nd quarter. Panagora Asset Management Inc. now owns 57,533 shares of the specialty retailer’s stock valued at $1,220,000 after purchasing an additional 7,254 shares during the period. Ritholtz Wealth Management lifted its holdings in Natural Grocers by Vitamin Cottage by 21.0% during the 2nd quarter. Ritholtz Wealth Management now owns 28,655 shares of the specialty retailer’s stock worth $607,000 after purchasing an additional 4,980 shares in 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 worth $6,453,000 after purchasing an additional 67,187 shares during the period. Finally, Inspire Investing LLC bought a new position in Natural Grocers by Vitamin Cottage in the 2nd quarter worth about $353,000. Hedge funds and other institutional investors own 31.99% of the company’s stock.

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.