Hancock Whitney Corp Makes New Investment in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Hancock Whitney Corp bought a new stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,206 shares of the specialty retailer’s stock, valued at approximately $214,000.

Other large investors also recently made changes to their positions in the company. State Board of Administration of Florida Retirement System purchased a new stake in shares of Natural Grocers by Vitamin Cottage during the 1st quarter valued at $216,000. Privium Fund Management B.V. bought a new position in Natural Grocers by Vitamin Cottage during the third quarter valued at about $326,000. Inspire Investing LLC purchased a new stake in Natural Grocers by Vitamin Cottage during the second quarter worth about $353,000. Segall Bryant & Hamill LLC bought a new stake in Natural Grocers by Vitamin Cottage in the third quarter worth about $361,000. Finally, Kingsview Wealth Management LLC purchased a new position in Natural Grocers by Vitamin Cottage in the third quarter valued at about $421,000. 31.99% of the stock is owned by institutional investors.

Natural Grocers by Vitamin Cottage Stock Performance

NYSE:NGVC opened at $46.21 on Thursday. The company has a market capitalization of $1.05 billion, a P/E ratio of 31.44 and a beta of 1.23. The business has a fifty day simple moving average of $30.06 and a two-hundred day simple moving average of $25.73. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.96 and a quick ratio of 0.18. Natural Grocers by Vitamin Cottage, Inc. has a 1 year low of $14.31 and a 1 year high of $47.56.

Natural Grocers by Vitamin Cottage Increases Dividend

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

Analyst Upgrades and Downgrades

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

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; 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.