Wedge Capital Management L L P NC Increases Holdings in Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC)

Wedge Capital Management L L P NC boosted its position in shares of Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) by 95.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 125,352 shares of the specialty retailer’s stock after purchasing an additional 61,376 shares during the period. Wedge Capital Management L L P NC owned about 0.56% of Natural Grocers by Vitamin Cottage worth $1,252,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Marshall Wace North America L.P. bought a new position in Natural Grocers by Vitamin Cottage in the 2nd quarter worth about $106,000. Jacobs Levy Equity Management Inc. bought a new position in Natural Grocers by Vitamin Cottage in the 2nd quarter worth about $129,000. Rhumbline Advisers grew its stake in Natural Grocers by Vitamin Cottage by 9.4% in the 3rd quarter. Rhumbline Advisers now owns 13,699 shares of the specialty retailer’s stock worth $137,000 after acquiring an additional 1,177 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new position in Natural Grocers by Vitamin Cottage in the 3rd quarter worth about $169,000. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new position in Natural Grocers by Vitamin Cottage in the 2nd quarter worth about $196,000. Institutional investors own 35.97% of the company’s stock.

Shares of NYSE NGVC traded down $0.19 during midday trading on Friday, reaching $9.11. 150 shares of the company’s stock traded hands, compared to its average volume of 97,461. The company has a quick ratio of 0.23, a current ratio of 1.42 and a debt-to-equity ratio of 0.38. The stock’s 50 day simple moving average is $9.27 and its 200-day simple moving average is $10.19. Natural Grocers by Vitamin Cottage Inc has a one year low of $8.19 and a one year high of $24.50. The company has a market cap of $207.25 million, a price-to-earnings ratio of 24.59 and a beta of 1.09.

Separately, ValuEngine upgraded shares of Natural Grocers by Vitamin Cottage from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd.

Natural Grocers by Vitamin Cottage Company Profile

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; bulk food products; private label products; 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.

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Institutional Ownership by Quarter for Natural Grocers by Vitamin Cottage (NYSE:NGVC)

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