Barclays PLC Has $937,000 Stock Position in Vector Group Ltd. (NYSE:VGR)

Barclays PLC cut its holdings in shares of Vector Group Ltd. (NYSE:VGR) by 36.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 73,161 shares of the company’s stock after selling 41,593 shares during the quarter. Barclays PLC’s holdings in Vector Group were worth $937,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Mackenzie Financial Corp boosted its position in Vector Group by 249.7% during the 2nd quarter. Mackenzie Financial Corp now owns 50,432 shares of the company’s stock worth $653,000 after acquiring an additional 36,011 shares during the period. Bank of Montreal Can acquired a new stake in Vector Group during the 2nd quarter worth about $189,000. State of New Jersey Common Pension Fund D boosted its position in Vector Group by 20.9% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 204,597 shares of the company’s stock worth $2,621,000 after acquiring an additional 35,391 shares during the period. Arizona State Retirement System boosted its position in Vector Group by 3.6% during the 2nd quarter. Arizona State Retirement System now owns 39,480 shares of the company’s stock worth $506,000 after acquiring an additional 1,355 shares during the period. Finally, LPL Financial LLC boosted its position in Vector Group by 11.3% during the 2nd quarter. LPL Financial LLC now owns 53,058 shares of the company’s stock worth $680,000 after acquiring an additional 5,387 shares during the period. 64.41% of the stock is currently owned by institutional investors and hedge funds.

Vector Group Price Performance

VGR opened at $10.73 on Tuesday. Vector Group Ltd. has a fifty-two week low of $9.86 and a fifty-two week high of $14.39. The business has a 50-day moving average of $10.65 and a 200-day moving average of $11.53. The company has a market capitalization of $1.67 billion, a PE ratio of 9.84 and a beta of 1.12.

Insider Transactions at Vector Group

In other news, COO Richard Lampen purchased 10,000 shares of the business’s stock in a transaction dated Friday, September 8th. The stock was bought at an average cost of $10.32 per share, with a total value of $103,200.00. Following the purchase, the chief operating officer now directly owns 797,627 shares of the company’s stock, valued at $8,231,510.64. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 7.14% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised Vector Group from a “hold” rating to a “buy” rating in a research note on Monday, November 13th.

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 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.