Vitamin Shoppe (VSI) Stock Price Down 5.1%
Vitamin Shoppe Inc (NYSE:VSI) dropped 5.1% during mid-day trading on Tuesday . The stock traded as low as $4.63 and last traded at $4.65. Approximately 808,101 shares changed hands during mid-day trading, a decline of 7% from the average daily volume of 873,320 shares. The stock had previously closed at $4.90.
VSI has been the topic of several research analyst reports. Zacks Investment Research upgraded Vitamin Shoppe from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. ValuEngine upgraded Vitamin Shoppe from a “hold” rating to a “buy” rating in a report on Thursday, October 5th. Morgan Stanley cut their price objective on Vitamin Shoppe from $7.50 to $4.00 and set an “equal weight” rating on the stock in a report on Thursday, November 9th. Finally, Barclays cut their price objective on Vitamin Shoppe from $6.00 to $3.00 and set an “equal weight” rating on the stock in a report on Thursday, November 9th. Four investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and an average price target of $5.00.
The company has a current ratio of 2.07, a quick ratio of 0.32 and a debt-to-equity ratio of 0.59. The firm has a market cap of $111.50, a price-to-earnings ratio of -0.46 and a beta of 0.68.
In related news, major shareholder Vintage Capital Management Llc purchased 133,804 shares of the business’s stock in a transaction on Tuesday, January 2nd. The shares were bought at an average price of $4.28 per share, for a total transaction of $572,681.12. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. In the last 90 days, insiders have acquired 694,839 shares of company stock worth $3,214,809. 1.07% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Schwab Charles Investment Management Inc. increased its holdings in Vitamin Shoppe by 106.0% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 667,112 shares of the specialty retailer’s stock worth $2,936,000 after purchasing an additional 343,326 shares during the period. California Public Employees Retirement System increased its holdings in Vitamin Shoppe by 71.4% during the 3rd quarter. California Public Employees Retirement System now owns 140,727 shares of the specialty retailer’s stock worth $753,000 after purchasing an additional 58,627 shares during the period. KBC Group NV increased its holdings in Vitamin Shoppe by 46.7% during the 3rd quarter. KBC Group NV now owns 107,786 shares of the specialty retailer’s stock worth $577,000 after purchasing an additional 34,301 shares during the period. Trexquant Investment LP acquired a new position in shares of Vitamin Shoppe during the 3rd quarter worth about $243,000. Finally, GMT Capital Corp acquired a new position in shares of Vitamin Shoppe during the 3rd quarter worth about $3,423,000. Institutional investors own 90.35% of the company’s stock.
About Vitamin Shoppe
Vitamin Shoppe, Inc (VSI) is a multi-channel specialty retailer and contract manufacturer of vitamins, minerals, herbs, specialty supplements, sports nutrition, and other health and wellness products. The Company operates through three segments: retail, direct and manufacturing. The retail segment includes Vitamin Shoppe, Super Supplements and Vitapath retail store formats.
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