Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) have been assigned a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the stock, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $9.92.

Several brokerages have commented on NGVC. Wolfe Research raised Natural Grocers by Vitamin Cottage from an “underperform” rating to a “market perform” rating in a report on Monday, August 7th. Zacks Investment Research raised Natural Grocers by Vitamin Cottage from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. Deutsche Bank AG reissued a “hold” rating and issued a $8.00 price objective (down from $12.00) on shares of Natural Grocers by Vitamin Cottage in a report on Wednesday, August 9th. TheStreet lowered Natural Grocers by Vitamin Cottage from a “c” rating to a “d+” rating in a report on Monday, August 21st. Finally, Royal Bank Of Canada set a $14.00 price objective on Natural Grocers by Vitamin Cottage and gave the company a “hold” rating in a report on Tuesday, August 1st.

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Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its earnings results on Thursday, August 3rd. The specialty retailer reported $0.03 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.08). The company had revenue of $194.70 million for the quarter, compared to analyst estimates 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 was up 8.6% on a year-over-year basis. During the same period last year, the business earned $0.12 earnings per share.

In other news, insider Kemper Isely bought 5,400 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $19,302,289.38. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Elizabeth Isely bought 5,993 shares of the firm’s stock in a transaction dated Friday, August 11th. The stock was purchased at an average price of $6.39 per share, for a total transaction of $38,295.27. Following the transaction, the insider now owns 1,269,306 shares of the company’s stock, valued at $8,110,865.34. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 14,393 shares of company stock worth $89,721. Company insiders own 60.00% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NGVC. Wells Fargo & Company MN lifted 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 valued at $136,000 after acquiring an additional 6,623 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Natural Grocers by Vitamin Cottage by 4.3% in the first quarter. Bank of New York Mellon Corp now owns 81,434 shares of the specialty retailer’s stock valued at $846,000 after acquiring an additional 3,382 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Natural Grocers by Vitamin Cottage by 19.8% in the first quarter. Ameriprise Financial Inc. now owns 171,814 shares of the specialty retailer’s stock valued at $1,785,000 after acquiring an additional 28,394 shares in the last quarter. PNC Financial Services Group Inc. lifted 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 valued at $114,000 after acquiring an additional 6,840 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Natural Grocers by Vitamin Cottage by 32.6% in the first quarter. Dimensional Fund Advisors LP now owns 345,599 shares of the specialty retailer’s stock valued at $3,591,000 after acquiring an additional 84,957 shares in the last quarter. Institutional investors and hedge funds own 32.30% of the company’s stock.

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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