Shares of Vector Group Ltd (NYSE:VGR) have earned an average broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.

Zacks has also assigned Vector Group an industry rank of 238 out of 256 based on the ratings given to its competitors.

VGR has been the subject of a number of research reports. Zacks Investment Research upgraded Vector Group from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a report on Wednesday, January 30th. Oppenheimer reiterated a “hold” rating on shares of Vector Group in a report on Thursday, February 28th.

VGR traded down $0.20 during trading on Thursday, reaching $9.20. The stock had a trading volume of 843,566 shares, compared to its average volume of 1,243,552. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 15.86 and a beta of 0.64. Vector Group has a one year low of $9.11 and a one year high of $20.08.

Vector Group (NYSE:VGR) last posted its quarterly earnings data on Tuesday, May 7th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.07). The firm had revenue of $420.90 million during the quarter, compared to the consensus estimate of $437.00 million. Vector Group had a negative return on equity of 18.17% and a net margin of 3.54%. Vector Group’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.04 EPS. On average, sell-side analysts predict that Vector Group will post 0.37 EPS for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the business. KBC Group NV bought a new position in Vector Group in the fourth quarter worth $26,000. ERTS Wealth Advisors LLC bought a new position in Vector Group in the fourth quarter worth $33,000. Lindbrook Capital LLC raised its holdings in Vector Group by 208.3% in the first quarter. Lindbrook Capital LLC now owns 3,450 shares of the company’s stock worth $37,000 after purchasing an additional 2,331 shares in the last quarter. Federated Investors Inc. PA raised its holdings in Vector Group by 72.9% in the first quarter. Federated Investors Inc. PA now owns 4,661 shares of the company’s stock worth $50,000 after purchasing an additional 1,965 shares in the last quarter. Finally, Royce & Associates LP raised its holdings in Vector Group by 28.3% in the first quarter. Royce & Associates LP now owns 4,845 shares of the company’s stock worth $52,000 after purchasing an additional 1,068 shares in the last quarter. Institutional investors and hedge funds own 54.46% of the company’s stock.

About Vector Group

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 in 109 combinations under the Pyramid, EAGLE 20's, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands.

Read More: Trading Stocks – What are percentage gainers?

Get a free copy of the Zacks research report on Vector Group (VGR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Vector Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vector Group and related companies with MarketBeat.com's FREE daily email newsletter.