Investment analysts at Barclays PLC started coverage on shares of Natural Grocers by Vitamin Cottage Inc. (NYSE:NGVC) in a report issued on Friday. The brokerage set an “equal weight” rating on the stock.

Separately, Zacks Investment Research cut shares of Natural Grocers by Vitamin Cottage from a “hold” rating to a “sell” rating in a research report on Thursday, July 7th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $21.78.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) opened at 11.36 on Friday. The firm has a market capitalization of $255.52 million, a P/E ratio of 19.93 and a beta of 0.95. The stock’s 50 day moving average price is $11.83 and its 200-day moving average price is $14.63. Natural Grocers by Vitamin Cottage has a 12 month low of $10.63 and a 12 month high of $25.85.

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

In other news, Director Edward Cerkovnik acquired 4,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction dated Wednesday, August 3rd. The shares were acquired at an average cost of $12.85 per share, for a total transaction of $51,400.00. Following the acquisition, the director now owns 9,684 shares of the company’s stock, valued at $124,439.40. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 60.00% of the stock is currently owned by insiders.

A number of large investors have recently made changes to their positions in NGVC. Emerald Acquisition Ltd. bought a new stake in shares of Natural Grocers by Vitamin Cottage during the second quarter valued at approximately $1,032,000. Point72 Asset Management L.P. bought a new stake in shares of Natural Grocers by Vitamin Cottage during the second quarter valued at approximately $914,000. FMR LLC raised 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 valued at $15,623,000 after buying an additional 36,030 shares in the last quarter. Kornitzer Capital Management Inc. KS raised its stake in shares of Natural Grocers by Vitamin Cottage by 99.2% in the second quarter. Kornitzer Capital Management Inc. KS now owns 70,500 shares of the company’s stock valued at $920,000 after buying an additional 35,100 shares in the last quarter. Finally, Royce & Associates LP raised its stake in shares of Natural Grocers by Vitamin Cottage by 12.5% in the first quarter. Royce & Associates LP now owns 315,000 shares of the company’s stock valued at $6,700,000 after buying an additional 35,000 shares in the last quarter. Hedge funds and other institutional investors own 31.30% of the company’s stock.

About Natural Grocers by Vitamin Cottage

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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