Vector Group Ltd. (NYSE:VGR) Reviewed By Analysts

02/19/2014 - Vector Group Ltd. was downgraded to "underweight" by analysts at EVA Dimensions. The Illinois-based Archford Capital Strategies Llc has invested 0.82% in the stock. Cowen Group Inc. bought a new position in Vector Group during the first quarter worth approximately $936,000.

Zacks Investment Research upgraded shares of Vector Group from a "sell" rating to a "buy" rating and set a $24.00 target price for the company in a research report on Wednesday, May 3rd.

Other institutional investors also recently bought and sold shares of the company. IFP Advisors Inc now owns 13,325 shares of the company's stock worth $277,000 after buying an additional 1,283 shares in the last quarter. Janney Montgomery Scott LLC now owns 70,281 shares of the company's stock worth $1,462,000 after buying an additional 4,402 shares in the last quarter. Waldron LP purchased a new position in Vector Group during the first quarter valued at $202,000.

Shares of Vector Group (NYSE VGR) traded down 0.67% on Tuesday, reaching $20.90. Ameritas Investment Partners Inc. bought a new position in Vector Group during the first quarter worth about $167,000. The company's 50-day moving average price is $21.70 and its 200 day moving average price is $21.78. Victory Capital Management Inc. increased its position in shares of Vector Group by 30.8% in the first quarter. Envestnet Asset Management Inc. increased its stake in Vector Group by 55.6% in the fourth quarter. Also, the number of active investment managers holding Vector Group LTD in their top 10 holdings decreased from 3 to 2 for a decrease of 1.

Want to see what other hedge funds are holding VGR? The stock has a market capitalization of $2.71 billion, a P/E ratio of 56.64 and a beta of 0.47. 647,704 shares of the company's stock traded hands. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.11 by $0.03.

Vector Group (NYSE:VGR) last posted its quarterly earnings results on Friday, May 5th. The firm had revenue of $415.20 million for the quarter, compared to the consensus estimate of $369.60 million. Vector Group had a negative return on equity of 37.58% and a net margin of 2.76%. Vector Group's revenue was up 9.0% compared to the same quarter past year. During the same quarter in the prior year, the firm posted $0.16 EPS.

Vector Group Ltd. had its "outperform" rating reiterated by analysts at Oppenheimer. Investors of record on Tuesday, June 20th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 7.60%. The ex-dividend date of this dividend was Friday, June 16th. Vector Group's dividend payout ratio (DPR) is now 420.53%.

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Vector Group Ltd.is a holding company.

In other news, insider Howard M. Lorber sold 226,834 shares of Vector Group stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $21.36, for a total transaction of $4,845,174.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 12.90% of the company's stock. Following the sale, the insider now directly owns 436,665 shares of the company's stock, valued at approximately $9,327,164.40.

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.

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