Vector Group Insider Ronald J. Bernstein Unloads 75,000 Shares (VGR)
Vector Group (NYSE:VGR) Insider Ronald J. Bernstein sold 75,000 shares of the company’s stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $20.36, for a total value of $1,527,000.00. Following the sale, the insider now directly owns 73,869 shares of the company’s stock, valued at approximately $1,503,973. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Vector Group (NYSE:VGR) traded down 1.57% during mid-day trading on Tuesday, hitting $20.02. The stock had a trading volume of 704,123 shares. Vector Group has a 52-week low of $14.6095 and a 52-week high of $21.85. The stock has a 50-day moving average of $20.62 and a 200-day moving average of $18.9. The company has a market cap of $1.997 billion and a P/E ratio of 44.70.
Vector Group (NYSE:VGR) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.15 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.58 by $0.43. The company had revenue of $347.20 million for the quarter, compared to the consensus estimate of $246.20 million. The company’s quarterly revenue was up 8.8% on a year-over-year basis.
The company also recently declared a quarterly dividend, which is scheduled for Friday, June 27th. Stockholders of record on Friday, June 13th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 7.99%. The ex-dividend date of this dividend is Wednesday, June 11th.
Vector Group Ltd is a holding company. The Company operates in tobacco and real estate. The Tobacco segment consists of the manufacture and sale of cigarettes.
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