SG Americas Securities LLC Makes New Investment in Vera Bradley, Inc. (NASDAQ:VRA)

SG Americas Securities LLC bought a new position in shares of Vera Bradley, Inc. (NASDAQ:VRA - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 710,471 shares of the textile maker's stock, valued at approximately $2,792,000. SG Americas Securities LLC owned 2.56% of Vera Bradley as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. The Manufacturers Life Insurance Company acquired a new stake in shares of Vera Bradley during the second quarter worth $76,000. Sei Investments Co. acquired a new stake in shares of Vera Bradley in the 2nd quarter valued at about $81,000. Quadrature Capital Ltd bought a new stake in shares of Vera Bradley in the third quarter valued at about $102,000. Davis R M Inc. acquired a new position in shares of Vera Bradley during the third quarter worth about $109,000. Finally, FMR LLC grew its holdings in shares of 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 buying an additional 19,459 shares in the last quarter. Institutional investors own 59.88% of the company's stock.

Vera Bradley Stock Performance

Vera Bradley stock traded up $0.04 during midday trading on Friday, reaching $3.68. The stock had a trading volume of 155,273 shares, compared to its average volume of 203,853. Vera Bradley, Inc. has a 1-year low of $3.27 and a 1-year high of $8.32. The firm's fifty day simple moving average is $4.36 and its 200-day simple moving average is $5.20. The stock has a market capitalization of $102.03 million, a P/E ratio of -6.24 and a beta of 1.97.

Vera Bradley (NASDAQ:VRA - Get Free Report) last announced its quarterly earnings data on Wednesday, December 11th. The textile maker reported ($0.27) EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.33). Vera Bradley had a negative return on equity of 2.74% and a negative net margin of 4.21%. On average, sell-side analysts anticipate that Vera Bradley, Inc. will post -0.25 earnings per share 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.