New York State Common Retirement Fund Has $547,000 Stock Holdings in Vector Group Ltd. (NYSE:VGR)

New York State Common Retirement Fund reduced its holdings in Vector Group Ltd. (NYSE:VGRFree Report) by 16.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 48,493 shares of the company’s stock after selling 9,800 shares during the quarter. New York State Common Retirement Fund’s holdings in Vector Group were worth $547,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Invesco Ltd. increased its position in Vector Group by 24.2% during the 3rd quarter. Invesco Ltd. now owns 1,249,177 shares of the company’s stock valued at $13,291,000 after purchasing an additional 243,214 shares during the period. Jacobs Levy Equity Management Inc. increased its position in shares of Vector Group by 14.0% during the third quarter. Jacobs Levy Equity Management Inc. now owns 822,119 shares of the company’s stock worth $8,747,000 after buying an additional 101,171 shares during the period. Insight Folios Inc raised its stake in Vector Group by 3.4% during the fourth quarter. Insight Folios Inc now owns 657,988 shares of the company’s stock worth $7,422,000 after buying an additional 21,930 shares during the last quarter. Deutsche Bank AG lifted its holdings in Vector Group by 95.7% in the third quarter. Deutsche Bank AG now owns 534,358 shares of the company’s stock valued at $5,686,000 after buying an additional 261,358 shares during the period. Finally, Thompson Siegel & Walmsley LLC boosted its position in Vector Group by 14.8% during the third quarter. Thompson Siegel & Walmsley LLC now owns 438,528 shares of the company’s stock valued at $4,666,000 after acquiring an additional 56,538 shares during the last quarter. Institutional investors own 64.09% of the company’s stock.

Vector Group Trading Up 0.5 %

Shares of Vector Group stock opened at $11.04 on Wednesday. The company has a market cap of $1.74 billion, a P/E ratio of 9.52 and a beta of 1.06. The business has a 50-day moving average price of $10.54 and a two-hundred day moving average price of $10.77. Vector Group Ltd. has a 1-year low of $9.27 and a 1-year high of $13.43.

Vector Group (NYSE:VGRGet Free Report) last released its earnings results on Wednesday, May 1st. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.01). The business had revenue of $324.57 million for the quarter, compared to analyst estimates of $333.30 million. Vector Group had a negative return on equity of 25.89% and a net margin of 12.98%. During the same period in the prior year, the business earned $0.22 EPS. Equities research analysts forecast that Vector Group Ltd. will post 1.16 EPS for the current fiscal year.

Vector Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Monday, March 4th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 7.25%. The ex-dividend date of this dividend was Friday, March 1st. Vector Group’s dividend payout ratio is presently 68.97%.

About Vector Group

(Free Report)

Vector Group Ltd., through its subsidiaries, engages in the manufacture and sale of cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes under the Montego, EAGLE 20's, Pyramid, 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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