Antonetti Capital Management LLC Grows Holdings in Vector Group Ltd. (NYSE:VGR)

Antonetti Capital Management LLC lifted its stake in shares of Vector Group Ltd. (NYSE:VGRFree Report) by 34.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,840 shares of the company’s stock after buying an additional 1,500 shares during the quarter. Antonetti Capital Management LLC’s holdings in Vector Group were worth $62,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VGR. Advisor Group Holdings Inc. lifted its position in shares of Vector Group by 4.6% during the 1st quarter. Advisor Group Holdings Inc. now owns 20,149 shares of the company’s stock worth $222,000 after buying an additional 884 shares during the last quarter. Bank of New York Mellon Corp raised its position in Vector Group by 0.6% in the 1st quarter. Bank of New York Mellon Corp now owns 2,882,313 shares of the company’s stock valued at $34,704,000 after purchasing an additional 17,549 shares during the last quarter. Citigroup Inc. raised its position in Vector Group by 7.0% in the 1st quarter. Citigroup Inc. now owns 117,311 shares of the company’s stock valued at $1,412,000 after purchasing an additional 7,672 shares during the last quarter. Natixis Advisors L.P. raised its position in Vector Group by 8.6% in the 1st quarter. Natixis Advisors L.P. now owns 34,809 shares of the company’s stock valued at $419,000 after purchasing an additional 2,756 shares during the last quarter. Finally, MetLife Investment Management LLC raised its position in Vector Group by 66.4% in the 1st quarter. MetLife Investment Management LLC now owns 75,551 shares of the company’s stock valued at $910,000 after purchasing an additional 30,139 shares during the last quarter. Hedge funds and other institutional investors own 64.41% of the company’s stock.

Insider Activity at Vector Group

In related news, Director Bennett S. Lebow sold 50,000 shares of the stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $11.68, for a total value of $584,000.00. Following the sale, the director now directly owns 144,804 shares of the company’s stock, valued at approximately $1,691,310.72. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 7.14% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on VGR. TheStreet downgraded shares of Vector Group from a “b-” rating to a “c+” rating in a research report on Thursday, December 28th. StockNews.com upgraded shares of Vector Group from a “hold” rating to a “buy” rating in a research report on Tuesday, December 26th.

Check Out Our Latest Report on VGR

Vector Group Trading Up 1.4 %

Shares of NYSE:VGR traded up $0.14 on Monday, reaching $10.09. 543,874 shares of the company were exchanged, compared to its average volume of 928,520. Vector Group Ltd. has a 1-year low of $9.80 and a 1-year high of $14.39. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 9.13 and a beta of 1.03. The company has a 50-day moving average of $10.95 and a 200-day moving average of $10.91.

Vector Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were paid a $0.20 dividend. The ex-dividend date was Thursday, November 30th. This represents a $0.80 dividend on an annualized basis and a yield of 7.93%. Vector Group’s payout ratio is 73.40%.

Vector Group Profile

(Free Report)

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 under the EAGLE 20's, Pyramid, Montego, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands.

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Institutional Ownership by Quarter for Vector Group (NYSE:VGR)

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