Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) has earned an average rating of “Hold” from the eight ratings firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $9.92.

Several equities research analysts have recently issued reports on NGVC shares. Zacks Investment Research lowered Natural Grocers by Vitamin Cottage from a “hold” rating to a “sell” rating in a report on Wednesday, May 3rd. Royal Bank Of Canada reiterated a “hold” rating and set 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 $10.00 price target on Natural Grocers by Vitamin Cottage and gave the company a “hold” rating in a report on Friday, June 16th. Wolfe Research upgraded Natural Grocers by Vitamin Cottage from an “underperform” rating to a “market perform” rating in a report on Monday, August 7th. Finally, Citigroup Inc. reduced their price target on Natural Grocers by Vitamin Cottage from $10.50 to $7.50 and set a “buy” rating for the company in a report on Monday.

Natural Grocers by Vitamin Cottage (NYSE NGVC) traded up 0.99% during mid-day trading on Friday, reaching $6.10. 84,714 shares of the company were exchanged. The stock’s 50-day moving average is $7.53 and its 200-day moving average is $9.78. Natural Grocers by Vitamin Cottage has a 12 month low of $5.50 and a 12 month high of $13.79. The company has a market cap of $136.85 million, a P/E ratio of 19.24 and a beta of 0.88.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings results on Thursday, August 3rd. The specialty retailer reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $0.08. The firm had revenue of $194.70 million for the quarter, compared to analyst estimates of $196.26 million. Natural Grocers by Vitamin Cottage had a net margin of 0.95% and a return on equity of 5.50%. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.12 earnings per share. Equities analysts expect that Natural Grocers by Vitamin Cottage will post $0.30 earnings per share for the current year.

In related news, insider Kemper Isely bought 5,400 shares of Natural Grocers by Vitamin Cottage stock in a transaction that occurred on Tuesday, August 8th. The stock was purchased at an average cost of $6.19 per share, for a total transaction of $33,426.00. Following the acquisition, the insider now owns 3,118,302 shares in the company, valued at $19,302,289.38. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Elizabeth Isely bought 5,993 shares of Natural Grocers by Vitamin Cottage stock in a transaction that occurred on Friday, August 11th. The stock was bought at an average price of $6.39 per share, with a total value of $38,295.27. Following the completion of the acquisition, the insider now owns 1,269,306 shares in the company, valued at approximately $8,110,865.34. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 14,393 shares of company stock valued at $89,721. Corporate insiders own 60.30% of the company’s stock.

A number of large investors have recently bought and sold shares of the company. Citadel Advisors LLC raised its stake in Natural Grocers by Vitamin Cottage by 2.7% in the first quarter. Citadel Advisors LLC now owns 32,265 shares of the specialty retailer’s stock valued at $335,000 after buying an additional 847 shares during the period. Northern Trust Corp raised its stake in Natural Grocers by Vitamin Cottage by 1.0% in the second quarter. Northern Trust Corp now owns 103,603 shares of the specialty retailer’s stock valued at $857,000 after buying an additional 1,056 shares during the period. Rockshelter Capital Management LLC raised its stake in Natural Grocers by Vitamin Cottage by 0.3% in the first quarter. Rockshelter Capital Management LLC now owns 381,431 shares of the specialty retailer’s stock valued at $3,963,000 after buying an additional 1,120 shares during the period. State Street Corp raised its stake in Natural Grocers by Vitamin Cottage by 1.0% in the fourth quarter. State Street Corp now owns 152,636 shares of the specialty retailer’s stock valued at $1,816,000 after buying an additional 1,496 shares during the period. Finally, Bank of Montreal Can raised its stake in 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 valued at $153,000 after buying an additional 1,604 shares during the period. Hedge funds and other institutional investors own 31.24% 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.

Analyst Recommendations for Natural Grocers by Vitamin Cottage (NYSE:NGVC)

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