Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) shares hit a new 52-week low on Wednesday . The stock traded as low as $5.46 and last traded at $5.46, with a volume of 143,457 shares. The stock had previously closed at $5.51.

Several research analysts recently weighed in on NGVC shares. Jefferies Group LLC reaffirmed a “hold” rating and issued a $8.00 target price (down previously from $10.00) on shares of Natural Grocers by Vitamin Cottage in a report on Friday, June 23rd. Wolfe Research raised shares of Natural Grocers by Vitamin Cottage from an “underperform” rating to a “market perform” rating in a report on Monday, August 7th. Deutsche Bank AG reissued a “hold” rating and set a $8.00 price objective (down previously from $12.00) on shares of Natural Grocers by Vitamin Cottage in a report on Wednesday, August 9th. Zacks Investment Research raised shares of Natural Grocers by Vitamin Cottage from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. Finally, TheStreet downgraded shares of Natural Grocers by Vitamin Cottage from a “c” rating to a “d+” rating in a report on Monday, August 21st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $9.92.

The company’s 50-day moving average is $6.87 and its 200-day moving average is $9.21. The company has a market capitalization of $123.61 million, a price-to-earnings ratio of 17.38 and a beta of 0.93.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its earnings results on Thursday, August 3rd. The specialty retailer reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by $0.08. The company had revenue of $194.70 million for the quarter, compared to analysts’ expectations of $196.26 million. Natural Grocers by Vitamin Cottage had a return on equity of 5.50% and a net margin of 0.95%. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 EPS. On average, analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post $0.30 earnings per share for the current fiscal year.

In other Natural Grocers by Vitamin Cottage news, insider Elizabeth Isely purchased 5,993 shares of the stock in a transaction that occurred on Friday, August 11th. The shares were purchased at an average cost of $6.39 per share, for a total transaction of $38,295.27. Following the completion of the transaction, the insider now owns 1,269,306 shares of the company’s stock, valued at approximately $8,110,865.34. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kemper Isely purchased 5,400 shares of the stock in a transaction that occurred on Tuesday, August 8th. The shares were acquired at an average price of $6.19 per share, for a total transaction of $33,426.00. Following the completion of the transaction, the insider now directly owns 3,118,302 shares of the company’s stock, valued at approximately $19,302,289.38. The disclosure for this purchase can be found here. Insiders have bought 14,393 shares of company stock valued at $89,721 in the last three months. Corporate insiders own 60.00% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of NGVC. Tudor Investment Corp ET AL acquired a new position in Natural Grocers by Vitamin Cottage during the second quarter worth about $108,000. PNC Financial Services Group Inc. boosted its position in Natural Grocers by Vitamin Cottage by 171.0% during the first quarter. PNC Financial Services Group Inc. now owns 10,840 shares of the specialty retailer’s stock worth $114,000 after acquiring an additional 6,840 shares during the last quarter. New York State Common Retirement Fund boosted its position in Natural Grocers by Vitamin Cottage by 17.7% during the second quarter. New York State Common Retirement Fund now owns 15,284 shares of the specialty retailer’s stock worth $126,000 after acquiring an additional 2,293 shares during the last quarter. Wells Fargo & Company MN boosted its position in Natural Grocers by Vitamin Cottage by 102.5% during the first quarter. Wells Fargo & Company MN now owns 13,086 shares of the specialty retailer’s stock worth $136,000 after acquiring an additional 6,623 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in Natural Grocers by Vitamin Cottage by 12.2% during the first quarter. Bank of Montreal Can now owns 14,720 shares of the specialty retailer’s stock worth $153,000 after acquiring an additional 1,604 shares during the last quarter. Hedge funds and other institutional investors own 32.30% of the company’s stock.

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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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