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

Several brokerages have issued reports on NGVC. Royal Bank Of Canada reissued a “hold” rating and issued a $15.00 price target on shares of Natural Grocers by Vitamin Cottage in a report on Thursday, May 18th. Jefferies Group LLC set a $6.00 price target on shares of Natural Grocers by Vitamin Cottage and gave the company a “hold” rating in a report on Friday, August 4th. Zacks Investment Research lowered shares of Natural Grocers by Vitamin Cottage from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. Citigroup Inc. lowered their price target on shares of Natural Grocers by Vitamin Cottage from $10.50 to $7.50 and set a “buy” rating on the stock in a report on Monday, August 14th. Finally, TheStreet lowered shares of Natural Grocers by Vitamin Cottage from a “c” rating to a “d+” rating in a report on Monday, August 21st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $9.92.

The company’s 50 day moving average is $6.73 and its 200 day moving average is $9.16. The stock has a market cap of $130.12 million, a P/E ratio of 18.30 and a beta of 0.93.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its quarterly earnings data on Thursday, August 3rd. The specialty retailer reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.11 by $0.08. The firm had revenue of $194.70 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.12 EPS. Analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post $0.30 earnings per share for the current fiscal year.

In related news, insider Kemper Isely purchased 5,400 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were bought 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 owns 3,118,302 shares of the company’s stock, valued at $19,302,289.38. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Elizabeth Isely purchased 5,993 shares of the firm’s stock in a transaction that occurred on Friday, August 11th. The stock was bought at an average price of $6.39 per share, for a total transaction of $38,295.27. Following the transaction, the insider now directly owns 1,269,306 shares of the company’s stock, valued at approximately $8,110,865.34. The disclosure for this purchase can be found here. Insiders have acquired a total of 14,393 shares of company stock worth $89,721 in the last quarter. Company insiders own 60.30% of the company’s stock.

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

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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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