Ophir Asset Management Pty Ltd Makes New $8.56 Million Investment in Natural Grocers by Vitamin Cottage, Inc. $NGVC

by · The Cerbat Gem

Ophir Asset Management Pty Ltd acquired a new stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 227,166 shares of the specialty retailer’s stock, valued at approximately $8,560,000. Natural Grocers by Vitamin Cottage comprises approximately 1.3% of Ophir Asset Management Pty Ltd’s holdings, making the stock its 24th biggest position.

A number of other large investors also recently modified their holdings of NGVC. McIlrath & Eck LLC grew its stake in shares of Natural Grocers by Vitamin Cottage by 86.2% during the first quarter. McIlrath & Eck LLC now owns 661 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 306 shares during the last quarter. Ameritas Investment Partners Inc. raised its position in Natural Grocers by Vitamin Cottage by 48.9% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,303 shares of the specialty retailer’s stock worth $51,000 after purchasing an additional 428 shares during the last quarter. State of Wyoming bought a new position in Natural Grocers by Vitamin Cottage in the 1st quarter worth approximately $57,000. Quantbot Technologies LP acquired a new position in Natural Grocers by Vitamin Cottage during the 1st quarter worth $83,000. Finally, PNC Financial Services Group Inc. boosted its position in Natural Grocers by Vitamin Cottage by 63.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,309 shares of the specialty retailer’s stock valued at $91,000 after buying an additional 897 shares during the last quarter. 31.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on NGVC shares. Northcoast Research set a $54.00 target price on Natural Grocers by Vitamin Cottage and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Wall Street Zen upgraded Natural Grocers by Vitamin Cottage from a “hold” rating to a “buy” rating in a research report on Saturday, October 25th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Natural Grocers by Vitamin Cottage in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Natural Grocers by Vitamin Cottage currently has an average rating of “Moderate Buy” and an average target price of $54.00.

Read Our Latest Report on NGVC

Natural Grocers by Vitamin Cottage Stock Performance

Shares of Natural Grocers by Vitamin Cottage stock opened at $24.95 on Wednesday. The firm has a fifty day moving average of $33.89 and a two-hundred day moving average of $37.85. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.21 and a current ratio of 1.02. The stock has a market capitalization of $572.67 million, a price-to-earnings ratio of 12.48 and a beta of 1.26. Natural Grocers by Vitamin Cottage, Inc. has a 52 week low of $24.34 and a 52 week high of $61.22.

Natural Grocers by Vitamin Cottage (NYSE:NGVC – Get Free Report) last announced its quarterly earnings data on Thursday, November 20th. The specialty retailer reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.09. The business had revenue of $336.14 million during the quarter, compared to analysts’ expectations of $348.11 million. Natural Grocers by Vitamin Cottage had a return on equity of 24.46% and a net margin of 3.49%.Natural Grocers by Vitamin Cottage has set its FY 2026 guidance at 2.000-2.15 EPS. As a group, equities research analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current year.

Natural Grocers by Vitamin Cottage Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, December 1st will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Monday, December 1st. This is an increase from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.12. Natural Grocers by Vitamin Cottage’s dividend payout ratio is presently 30.00%.

Natural Grocers by Vitamin Cottage Company Profile

(Free Report)

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.

See Also

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