Why Shah Capital Management Paid for 300,000 Stock of Vitamin Shoppe, Inc. (VSI)?; Massachusetts Mutual Life Insurance Co (KYE)’s Sentiment Is 1.21

Kayne Anderson Energy Total Return Fund, Inc. is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. The company has market cap of $370.16 million. The fund invests in public equity markets of the United States and Canada. It has a 30.22 P/E ratio. It seeks to invest in the stocks of companies operating in the energy sector, primarily master limited partnerships , MLP affiliates, energy-related U.S. and Canadian royalty trusts and income trusts, marine transportation and coal.

As reported in a legal report which was filled with the Washington-based SEC on 06-02-2018, Shah Capital Management an insider in Vitamin Shoppe Inc, purchased shares worth $1.15 million U.S Dollars in the New Jersey-based company. Shah Capital Management acquired 300,000 new shares, at average $3.8 per share. Shah Capital Management today possess 17.19% of the total market capitalization of the company.

The stock increased 1.35% or $0.05 during the last trading session, reaching $3.75. About 65,948 shares traded. Vitamin Shoppe, Inc. (NYSE:VSI) has declined 57.70% since February 6, 2017 and is downtrending. It has underperformed by 74.40% the S&P500.

Among 11 analysts covering Vitamin Shoppe (NYSE:VSI), 1 have Buy rating, 2 Sell and 8 Hold. Therefore 9% are positive. Vitamin Shoppe has $41 highest and $3 lowest target. $19.67’s average target is 424.53% above currents $3.75 stock price. Vitamin Shoppe had 26 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Hold” on Thursday, August 6. The firm has “Neutral” rating given on Thursday, October 27 by JP Morgan. Robert W. Baird downgraded the shares of VSI in report on Tuesday, November 17 to “Neutral” rating. The stock of Vitamin Shoppe, Inc. (NYSE:VSI) has “Equal-Weight” rating given on Thursday, May 11 by Morgan Stanley. The rating was initiated by Wedbush on Thursday, April 21 with “Outperform”. Morgan Stanley maintained the stock with “Equal-Weight” rating in Monday, October 2 report. On Thursday, November 5 the stock rating was maintained by Deutsche Bank with “Hold”. The stock of Vitamin Shoppe, Inc. (NYSE:VSI) has “Hold” rating given on Thursday, May 11 by Gabelli. The stock has “Hold” rating by Robert W. Baird on Friday, September 15. On Thursday, November 3 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”.

Vitamin Shoppe, Inc., through its subsidiaries, operates as a multi-channel specialty retailer and contract maker of nutritional products in the United States and internationally. The company has market cap of $89.90 million. It operates through three divisions: Retail, Direct, and Manufacturing. It currently has negative earnings. The firm provides custom manufacturing and private labeling services for VMS products, as well as develops and markets own branded products.

Analysts await Vitamin Shoppe, Inc. (NYSE:VSI) to report earnings on March, 7. They expect $-0.24 earnings per share, down 166.67% or $0.60 from last year’s $0.36 per share. After $-0.03 actual earnings per share reported by Vitamin Shoppe, Inc. for the previous quarter, Wall Street now forecasts 700.00% negative EPS growth.

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