Shah Capital Management Raised Holding in Vitamin Shoppe INC (VSI) by $8.15 Million

April 17, 2018 - By Louis Casey

Vitamin Shoppe, Inc. (NYSE:VSI) Logo

Himanshu H. Shah increased its stake in Vitamin Shoppe Inc (VSI) by 157.87% based on its latest 2017Q4 regulatory filing with the SEC. Shah Capital Management bought 2.04M shares as the company’s stock rose 6.10% while stock markets declined. The hedge fund run by Himanshu H. Shah held 3.33M shares of the consumer non-durables company at the end of 2017Q4, valued at $14.65 million, up from 1.29M at the end of the previous reported quarter. Shah Capital Management who had been investing in Vitamin Shoppe Inc for a number of months, seems to be bullish on the $111.33M market cap company. The stock increased 4.55% or $0.2 during the last trading session, reaching $4.6. About 224,406 shares traded. Vitamin Shoppe, Inc. (NYSE:VSI) has declined 77.86% since April 17, 2017 and is downtrending. It has underperformed by 89.41% the S&P500.

Shah Capital Management, which manages about $220.22 million and $217.09 million US Long portfolio, decreased its stake in China Xiniya Fashion Ltd by 1.91 million shares to 957,263 shares, valued at $4.97 million in 2017Q4, according to the filing.

Vitamin Shoppe, Inc. (NYSE:VSI) Ratings Coverage

Among 2 analysts covering Vitamin Shoppe (NYSE:VSI), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Vitamin Shoppe had 3 analyst reports since November 9, 2017 according to SRatingsIntel. The stock of Vitamin Shoppe, Inc. (NYSE:VSI) has “Equal-Weight” rating given on Thursday, November 9 by Barclays Capital. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, November 9. The firm has “Equal-Weight” rating given on Wednesday, February 28 by Morgan Stanley.

Vitamin Shoppe, Inc. (NYSE:VSI) Ratings Chart

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