Private Advisor Group LLC decreased its holdings in shares of Vector Group Ltd (NYSE:VGR) by 44.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,654 shares of the company’s stock after selling 86,246 shares during the period. Private Advisor Group LLC owned 0.08% of Vector Group worth $2,337,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Swiss National Bank raised its position in Vector Group by 2.4% during the 4th quarter. Swiss National Bank now owns 172,657 shares of the company’s stock valued at $3,864,000 after purchasing an additional 4,100 shares during the last quarter. Teacher Retirement System of Texas grew its holdings in shares of Vector Group by 43.5% during the 4th quarter. Teacher Retirement System of Texas now owns 85,745 shares of the company’s stock worth $1,919,000 after acquiring an additional 26,006 shares during the period. Engineers Gate Manager LP grew its holdings in shares of Vector Group by 396.0% during the 4th quarter. Engineers Gate Manager LP now owns 81,537 shares of the company’s stock worth $1,825,000 after acquiring an additional 65,098 shares during the period. Parametrica Management Ltd grew its holdings in shares of Vector Group by 22.8% during the 4th quarter. Parametrica Management Ltd now owns 13,009 shares of the company’s stock worth $291,000 after acquiring an additional 2,414 shares during the period. Finally, Mutual of America Capital Management LLC grew its holdings in shares of Vector Group by 3.6% during the 4th quarter. Mutual of America Capital Management LLC now owns 415,835 shares of the company’s stock worth $9,306,000 after acquiring an additional 14,299 shares during the period. 48.06% of the stock is owned by institutional investors and hedge funds.
Vector Group Ltd (VGR) traded up $0.10 during trading on Thursday, hitting $20.22. The company had a trading volume of 198,617 shares, compared to its average volume of 644,848. The company has a debt-to-equity ratio of -3.97, a current ratio of 2.61 and a quick ratio of 2.29. The stock has a market cap of $2,719.79, a P/E ratio of 61.21 and a beta of 0.35. Vector Group Ltd has a 52 week low of $18.70 and a 52 week high of $23.14.
Separately, Zacks Investment Research reiterated a “hold” rating on shares of Vector Group in a report on Saturday, January 13th.
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Vector Group Profile
Vector Group Ltd. is a holding company. The Company is engaged in the manufacture and sale of cigarettes in the United States through its Liggett Group LLC (Liggett) and Vector Tobacco Inc (Vector Tobacco) subsidiaries, and the real estate business through its New Valley LLC subsidiary, which is seeking to acquire or invest in additional real estate properties or projects.
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