Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Shares Bought by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. increased its holdings in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 36.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 26,802 shares of the specialty retailer’s stock after buying an additional 7,210 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Natural Grocers by Vitamin Cottage were worth $796,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. State Board of Administration of Florida Retirement System acquired a new position in Natural Grocers by Vitamin Cottage in the first quarter valued at approximately $216,000. Vanguard Group Inc. boosted its position in Natural Grocers by Vitamin Cottage by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 636,658 shares of the specialty retailer’s stock valued at $11,492,000 after purchasing an additional 3,375 shares during the period. Linden Thomas Advisory Services LLC grew its stake in Natural Grocers by Vitamin Cottage by 8.0% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 40,628 shares of the specialty retailer’s stock worth $861,000 after buying an additional 3,018 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Natural Grocers by Vitamin Cottage by 0.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 178,328 shares of the specialty retailer’s stock worth $3,781,000 after buying an additional 937 shares during the last quarter. Finally, Panagora Asset Management Inc. increased its position in Natural Grocers by Vitamin Cottage by 14.4% in the second quarter. Panagora Asset Management Inc. now owns 57,533 shares of the specialty retailer’s stock worth $1,220,000 after buying an additional 7,254 shares during the period. Institutional investors own 31.99% of the company’s stock.

Natural Grocers by Vitamin Cottage Price Performance

NYSE NGVC opened at $46.21 on Friday. The company has a 50-day moving average price of $30.40 and a two-hundred day moving average price of $25.87. Natural Grocers by Vitamin Cottage, Inc. has a 52 week low of $14.31 and a 52 week high of $47.56. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 31.22 and a beta of 1.23. The company has a current ratio of 0.96, a quick ratio of 0.18 and a debt-to-equity ratio of 0.36.

Natural Grocers by Vitamin Cottage Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Monday, December 2nd will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.04%. This is a positive change from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Monday, December 2nd. Natural Grocers by Vitamin Cottage’s dividend payout ratio is 27.03%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 22nd.

About Natural Grocers by Vitamin Cottage

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.