Ameriprise Financial Inc. boosted its position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 19.8% during the first quarter, Holdings Channel reports. The firm owned 171,814 shares of the specialty retailer’s stock after buying an additional 28,394 shares during the period. Ameriprise Financial Inc.’s holdings in Natural Grocers by Vitamin Cottage were worth $1,785,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Wells Fargo & Company MN boosted 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 worth $136,000 after buying an additional 6,623 shares in the last quarter. Bank of Montreal Can boosted its position in shares of 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 worth $153,000 after buying an additional 1,604 shares in the last quarter. Russell Investments Group Ltd. bought a new position in shares of Natural Grocers by Vitamin Cottage during the fourth quarter worth approximately $277,000. Numeric Investors LLC bought a new position in shares of Natural Grocers by Vitamin Cottage during the fourth quarter worth approximately $284,000. Finally, Teachers Advisors LLC boosted its position in shares of Natural Grocers by Vitamin Cottage by 57.5% in the fourth quarter. Teachers Advisors LLC now owns 32,276 shares of the specialty retailer’s stock worth $384,000 after buying an additional 11,785 shares in the last quarter. 33.96% of the stock is owned by hedge funds and other institutional investors.

Natural Grocers by Vitamin Cottage, Inc. (NYSE NGVC) opened at 8.00 on Friday. The firm has a market cap of $179.71 million, a PE ratio of 19.51 and a beta of 0.86. The company has a 50 day moving average price of $9.31 and a 200 day moving average price of $11.04. Natural Grocers by Vitamin Cottage, Inc. has a 1-year low of $7.77 and a 1-year high of $14.21.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its quarterly earnings results on Thursday, May 4th. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.03. Natural Grocers by Vitamin Cottage had a net margin of 1.25% and a return on equity of 7.20%. The firm had revenue of $197.20 million for the quarter, compared to the consensus estimate of $197.65 million. During the same quarter last year, the company earned $0.16 earnings per share. The firm’s revenue was up 11.2% on a year-over-year basis. On average, equities research analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post $0.45 earnings per share for the current year.

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A number of research analysts have commented on the company. Zacks Investment Research upgraded Natural Grocers by Vitamin Cottage from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Royal Bank Of Canada restated a “hold” rating and set a $15.00 price objective on shares of Natural Grocers by Vitamin Cottage in a research note on Friday, June 30th. Finally, Jefferies Group LLC restated a “hold” rating and set a $8.00 price objective (down previously from $10.00) on shares of Natural Grocers by Vitamin Cottage in a research note on Friday, June 23rd. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $12.20.

About Natural Grocers by Vitamin Cottage

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.

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

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