Rothschild Investment Corp IL lessened its holdings in shares of Vector Group Ltd (NYSE:VGR) by 2.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 41,528 shares of the company’s stock after selling 1,204 shares during the quarter. Rothschild Investment Corp IL’s holdings in Vector Group were worth $448,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of the company. KBC Group NV purchased a new stake in shares of Vector Group during the fourth quarter worth approximately $26,000. ERTS Wealth Advisors LLC purchased a new stake in shares of Vector Group during the fourth quarter worth approximately $33,000. Baillie Gifford & Co. increased its stake in shares of Vector Group by 21.4% during the fourth quarter. Baillie Gifford & Co. now owns 5,100 shares of the company’s stock worth $50,000 after buying an additional 900 shares during the period. Paradigm Financial Partners LLC purchased a new stake in shares of Vector Group during the fourth quarter worth approximately $103,000. Finally, Paloma Partners Management Co purchased a new position in Vector Group in the fourth quarter valued at approximately $116,000. 55.54% of the stock is currently owned by institutional investors and hedge funds.
Shares of VGR traded down $0.09 during mid-day trading on Friday, reaching $9.60. 1,259,852 shares of the company’s stock were exchanged, compared to its average volume of 1,217,916. The firm has a market cap of $1.37 billion, a PE ratio of 16.55 and a beta of 0.64. Vector Group Ltd has a 52-week low of $9.11 and a 52-week high of $20.08.
Several equities analysts have commented on the stock. Oppenheimer reiterated a “hold” rating on shares of Vector Group in a research note on Thursday, February 28th. Zacks Investment Research upgraded shares of Vector Group from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a research note on Wednesday, January 30th.
ILLEGAL ACTIVITY WARNING: “Vector Group Ltd (VGR) Holdings Lessened by Rothschild Investment Corp IL” was first published by Baseball Daily News and is the property of of Baseball Daily News. If you are accessing this story on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this story can be read at https://www.baseballdailydigest.com/news/2019/05/11/rothschild-investment-corp-il-reduces-position-in-vector-group-ltd-vgr.html.
Vector Group Company Profile
Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes in 109 combinations under the Pyramid, EAGLE 20's, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands.
Featured Story: Calculating net profit and net profit margin ratio
Receive News & Ratings for Vector Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vector Group and related companies with MarketBeat.com's FREE daily email newsletter.