Zacks Investment Research downgraded shares of Natural Grocers by Vitamin Cottage Inc. (NYSE:NGVC) from a hold rating to a sell rating in a research report sent to investors on Tuesday.

According to Zacks, “Natural Grocers by Vitamin Cottage is a specialty retailer of natural and organic groceries and dietary supplements. The Company provides healthy foods, vitamins, and supplements including allergy, aloe products, amino acids, antioxidants, animal products, beverages, medical, cleansing and clearance, weight loss, electrolytes, energy, cosmetics, natural, minerals, vitamins, pain relief, and supplements. It has locations primarily in Colorado, Texas, Utah, Wyoming, Oklahoma, Missouri, New Mexico, Montana, Kansas, Idaho, Nebraska and Arizona. Natural Grocers by Vitamin Cottage is based in Lakewood, Colorado. “

Natural Grocers by Vitamin Cottage (NYSE:NGVC) opened at 11.36 on Tuesday. Natural Grocers by Vitamin Cottage has a 1-year low of $10.63 and a 1-year high of $25.85. The company has a 50-day moving average price of $11.83 and a 200-day moving average price of $14.63. The company has a market cap of $255.52 million, a PE ratio of 19.93 and a beta of 0.95.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its earnings results on Thursday, July 28th. The company reported $0.12 EPS for the quarter, hitting analysts’ consensus estimates of $0.12. Natural Grocers by Vitamin Cottage had a net margin of 1.88% and a return on equity of 10.66%. The business earned $179.27 million during the quarter, compared to the consensus estimate of $179.15 million. During the same quarter in the previous year, the firm posted $0.19 EPS. The firm’s revenue was up 13.0% on a year-over-year basis. On average, analysts expect that Natural Grocers by Vitamin Cottage will post $0.52 EPS for the current fiscal year.

In related news, Director Edward Cerkovnik bought 4,000 shares of the business’s stock in a transaction on Wednesday, August 3rd. The stock was acquired at an average price of $12.85 per share, with a total value of $51,400.00. Following the transaction, the director now owns 9,684 shares in the company, valued at approximately $124,439.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 60.00% of the stock is currently owned by company insiders.

Large investors have recently bought and sold shares of the company. Summit Creek Advisors LLC increased its stake in Natural Grocers by Vitamin Cottage by 440.3% in the first quarter. Summit Creek Advisors LLC now owns 294,125 shares of the company’s stock worth $6,256,000 after buying an additional 239,685 shares during the period. GW&K Investment Management LLC increased its stake in shares of Natural Grocers by Vitamin Cottage by 132.5% in the first quarter. GW&K Investment Management LLC now owns 339,151 shares of the company’s stock worth $7,214,000 after buying an additional 193,308 shares during the last quarter. Emerald Acquisition Ltd. acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the second quarter worth about $1,032,000. Point72 Asset Management L.P. acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the second quarter worth about $914,000. Finally, FMR LLC increased its stake in shares of Natural Grocers by Vitamin Cottage by 3.1% in the second quarter. FMR LLC now owns 1,197,149 shares of the company’s stock worth $15,623,000 after buying an additional 36,030 shares during the last quarter. 31.30% of the stock is owned by institutional investors and hedge funds.

Natural Grocers by Vitamin Cottage Company Profile

Natural Grocers By Vitamin Cottage Inc (Natural Grocers) is a specialty retailer of natural and organic groceries and dietary supplements. The Company sells natural and organic groceries and dietary supplements. The Company’s grocery products include: bulk food and private label products, dry, frozen and canned groceries, meats and seafood, dairy products and dairy substitutes, prepared foods, bread and baked goods, and beverages.

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