Peapod Lane Capital LLC Purchases New Holdings in Vera Bradley, Inc. (NASDAQ:VRA)

Peapod Lane Capital LLC acquired a new stake in shares of Vera Bradley, Inc. (NASDAQ:VRA - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 463,823 shares of the textile maker's stock, valued at approximately $1,823,000. Vera Bradley comprises about 1.8% of Peapod Lane Capital LLC's holdings, making the stock its 22nd biggest holding. Peapod Lane Capital LLC owned 1.67% of Vera Bradley at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in Vera Bradley in the 4th quarter worth $2,792,000. Potrero Capital Research LLC purchased a new stake in shares of Vera Bradley during the third quarter worth about $2,621,000. Royce & Associates LP grew its stake in shares of Vera Bradley by 18.6% in the third quarter. Royce & Associates LP now owns 1,592,165 shares of the textile maker's stock worth $8,693,000 after purchasing an additional 249,630 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in Vera Bradley by 619.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 36,891 shares of the textile maker's stock valued at $201,000 after purchasing an additional 31,765 shares during the period. Finally, Marquette Asset Management LLC increased its holdings in Vera Bradley by 50.4% during the 4th quarter. Marquette Asset Management LLC now owns 66,789 shares of the textile maker's stock valued at $262,000 after purchasing an additional 22,383 shares during the period. Institutional investors own 59.88% of the company's stock.

Vera Bradley Trading Up 0.9 %

NASDAQ VRA traded up $0.03 on Monday, hitting $3.36. The company's stock had a trading volume of 108,945 shares, compared to its average volume of 162,455. The firm has a market cap of $93.17 million, a P/E ratio of -5.69 and a beta of 1.95. The company's 50-day simple moving average is $3.79 and its 200 day simple moving average is $4.87. Vera Bradley, Inc. has a 52-week low of $3.13 and a 52-week high of $8.32.

Vera Bradley (NASDAQ:VRA - Get Free Report) last released its quarterly earnings results on Wednesday, December 11th. The textile maker reported ($0.27) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.33). Vera Bradley had a negative net margin of 4.21% and a negative return on equity of 2.74%. On average, research analysts forecast that Vera Bradley, Inc. will post -0.25 EPS for the current fiscal year.

About Vera Bradley

Vera Bradley, Inc, together with its subsidiaries, designs, manufactures, and sells women's handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including ID holders, lanyards, wallets, wristlets, eyewear, scarves, hair accessories, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consist of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.