Royce & Associates LP increased its holdings in Vera Bradley, Inc. (NASDAQ:VRA - Free Report) by 18.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,893,687 shares of the textile maker's stock after purchasing an additional 301,522 shares during the period. Royce & Associates LP owned 6.83% of Vera Bradley worth $7,442,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in VRA. McAdam LLC purchased a new stake in Vera Bradley in the 4th quarter valued at about $50,000. Quadrature Capital Ltd purchased a new stake in Vera Bradley in the third quarter valued at approximately $102,000. Davis R M Inc. acquired a new position in Vera Bradley during the third quarter worth approximately $109,000. FMR LLC raised its stake in Vera Bradley by 998.4% during the third quarter. FMR LLC now owns 21,408 shares of the textile maker's stock worth $117,000 after purchasing an additional 19,459 shares during the period. Finally, Pathway Financial Advisers LLC purchased a new position in Vera Bradley during the fourth quarter worth approximately $118,000. 59.88% of the stock is currently owned by institutional investors and hedge funds.
Vera Bradley Stock Down 2.9 %
Shares of NASDAQ VRA traded down $0.07 during trading on Friday, hitting $2.37. 422,150 shares of the company traded hands, compared to its average volume of 339,308. The firm has a market capitalization of $65.71 million, a P/E ratio of -4.02 and a beta of 1.99. The company has a 50-day moving average price of $3.29 and a 200-day moving average price of $4.36. Vera Bradley, Inc. has a 1 year low of $2.15 and a 1 year high of $8.33.
Vera Bradley Profile
(
Free Report)
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.
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