Royce & Associates LP Acquires 249,630 Shares of Vera Bradley, Inc. (NASDAQ:VRA)

Royce & Associates LP lifted its holdings in shares of Vera Bradley, Inc. (NASDAQ:VRA - Free Report) by 18.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,592,165 shares of the textile maker's stock after buying an additional 249,630 shares during the period. Royce & Associates LP owned approximately 5.64% of Vera Bradley worth $8,693,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in shares of Vera Bradley by 4.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,474,763 shares of the textile maker's stock worth $9,232,000 after buying an additional 64,624 shares during the last quarter. Vanguard Group Inc. increased its position in Vera Bradley by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 1,345,550 shares of the textile maker's stock valued at $9,150,000 after acquiring an additional 6,723 shares during the period. Acadian Asset Management LLC boosted its holdings in Vera Bradley by 17.6% in the 1st quarter. Acadian Asset Management LLC now owns 1,013,292 shares of the textile maker's stock valued at $6,889,000 after purchasing an additional 151,969 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Vera Bradley by 37.9% during the 2nd quarter. AQR Capital Management LLC now owns 500,578 shares of the textile maker's stock worth $3,134,000 after purchasing an additional 137,552 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Vera Bradley by 13.9% during the 2nd quarter. Renaissance Technologies LLC now owns 445,840 shares of the textile maker's stock worth $2,791,000 after buying an additional 54,300 shares during the last quarter. Institutional investors own 59.88% of the company's stock.

Vera Bradley Price Performance

NASDAQ:VRA traded down $0.01 during mid-day trading on Monday, reaching $5.16. The stock had a trading volume of 116,880 shares, compared to its average volume of 361,075. The stock's 50 day simple moving average is $5.22 and its two-hundred day simple moving average is $6.12. The company has a market capitalization of $145.67 million, a price-to-earnings ratio of 172.33 and a beta of 1.89. Vera Bradley, Inc. has a 1-year low of $4.38 and a 1-year high of $8.32.

Vera Bradley (NASDAQ:VRA - Get Free Report) last posted its quarterly earnings results on Wednesday, September 11th. The textile maker reported $0.13 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.18). Vera Bradley had a net margin of 0.19% and a return on equity of 2.75%. The company had revenue of $110.82 million for the quarter, compared to analysts' expectations of $129.53 million. During the same quarter in the prior year, the firm earned $0.33 earnings per share. Sell-side analysts anticipate that Vera Bradley, Inc. will post 0.1 EPS for the current fiscal year.

Vera Bradley Profile

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.