Vitamin Shoppe Inc (NYSE:VSI)’s share price dropped 9.3% on Tuesday . The company traded as low as $3.65 and last traded at $3.90. Approximately 1,745,193 shares traded hands during trading, an increase of 130% from the average daily volume of 760,043 shares. The stock had previously closed at $4.30.
VSI has been the topic of a number of recent research reports. Zacks Investment Research lowered Vitamin Shoppe from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Morgan Stanley lowered their price objective on Vitamin Shoppe from $7.50 to $4.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 9th. Barclays decreased their price target on Vitamin Shoppe from $6.00 to $3.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 9th. Finally, ValuEngine lowered Vitamin Shoppe from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Three equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $5.00.
The stock has a market cap of $93.51, a P/E ratio of -0.37 and a beta of 0.59. The company has a current ratio of 2.07, a quick ratio of 0.32 and a debt-to-equity ratio of 0.59.
In other news, major shareholder Shah Capital Management bought 300,000 shares of the firm’s stock in a transaction that occurred on Monday, February 5th. The shares were purchased at an average price of $3.83 per share, with a total value of $1,149,000.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Vintage Capital Management Llc bought 234,343 shares of the firm’s stock in a transaction that occurred on Friday, December 29th. The shares were purchased at an average cost of $4.36 per share, for a total transaction of $1,021,735.48. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 1,000,639 shares of company stock worth $4,387,647. Corporate insiders own 1.07% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Macquarie Group Ltd. lifted its stake in Vitamin Shoppe by 180.2% during the 4th quarter. Macquarie Group Ltd. now owns 52,681 shares of the specialty retailer’s stock worth $232,000 after acquiring an additional 33,881 shares in the last quarter. Stone Ridge Asset Management LLC acquired a new position in Vitamin Shoppe during the 4th quarter worth about $285,000. Guggenheim Capital LLC lifted its stake in Vitamin Shoppe by 136.5% during the 4th quarter. Guggenheim Capital LLC now owns 244,781 shares of the specialty retailer’s stock worth $1,077,000 after acquiring an additional 141,281 shares in the last quarter. Landscape Capital Management L.L.C. lifted its stake in Vitamin Shoppe by 341.5% during the 4th quarter. Landscape Capital Management L.L.C. now owns 474,790 shares of the specialty retailer’s stock worth $2,089,000 after acquiring an additional 367,240 shares in the last quarter. Finally, Lazard Asset Management LLC acquired a new position in Vitamin Shoppe during the 4th quarter worth about $115,000. 91.03% of the stock is currently owned by hedge funds and other institutional investors.
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Vitamin Shoppe Company Profile
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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