Barclays PLC cut its holdings in Vera Bradley, Inc. (NASDAQ:VRA) by 20.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 39,036 shares of the textile maker’s stock after selling 10,195 shares during the period. Barclays PLC owned 0.11% of Vera Bradley worth $395,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Aperio Group LLC bought a new position in Vera Bradley in the 2nd quarter worth approximately $37,000. Sterling Investment Advisors Ltd. purchased a new stake in Vera Bradley in the 2nd quarter worth approximately $48,000. Meeder Asset Management Inc. lifted its stake in Vera Bradley by 871.2% in the 3rd quarter. Meeder Asset Management Inc. now owns 7,546 shares of the textile maker’s stock worth $75,000 after purchasing an additional 6,769 shares in the last quarter. Mason Street Advisors LLC lifted its stake in Vera Bradley by 14.8% in the 3rd quarter. Mason Street Advisors LLC now owns 8,016 shares of the textile maker’s stock worth $81,000 after purchasing an additional 1,033 shares in the last quarter. Finally, Metropolitan Life Insurance Co NY purchased a new stake in Vera Bradley in the 1st quarter worth approximately $100,000. 68.67% of the stock is owned by institutional investors.

NASDAQ VRA opened at $11.08 on Friday. Vera Bradley, Inc. has a 1 year low of $7.94 and a 1 year high of $14.51. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.25 and a quick ratio of 0.91. The stock has a market capitalization of $376.60 million, a PE ratio of 18.78 and a beta of 0.85. The company’s 50 day simple moving average is $11.21 and its two-hundred day simple moving average is $10.88.

Vera Bradley (NASDAQ:VRA) last posted its earnings results on Wednesday, December 11th. The textile maker reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.02. Vera Bradley had a net margin of 2.67% and a return on equity of 7.46%. The business had revenue of $127.50 million for the quarter, compared to analysts’ expectations of $124.48 million. During the same period in the prior year, the company posted $0.12 EPS. The business’s revenue for the quarter was up 30.5% compared to the same quarter last year. On average, research analysts anticipate that Vera Bradley, Inc. will post 0.9 EPS for the current year.

Several analysts have issued reports on the stock. ValuEngine cut shares of Vera Bradley from a “sell” rating to a “strong sell” rating in a research note on Friday. Telsey Advisory Group lowered their target price on shares of Vera Bradley from $13.00 to $10.00 and set a “market perform” rating on the stock in a research note on Thursday, September 5th. Zacks Investment Research cut shares of Vera Bradley from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Finally, BidaskClub upgraded shares of Vera Bradley from a “hold” rating to a “buy” rating in a research note on Friday.

In other news, major shareholder Thomas Farrell Byrne II sold 35,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $10.73, for a total transaction of $375,550.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder B. Baekgaard 2009 Gran Barbara sold 28,912 shares of the firm’s stock in a transaction on Monday, October 21st. The shares were sold at an average price of $10.91, for a total transaction of $315,429.92. Following the sale, the insider now owns 2,430,378 shares in the company, valued at approximately $26,515,423.98. The disclosure for this sale can be found here. Insiders sold a total of 91,787 shares of company stock worth $1,009,312 over the last quarter. Corporate insiders own 27.30% of the company’s stock.

Vera Bradley Company 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 two segments, Direct and Indirect. The company offers totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including wallets, wristlets, eyeglass cases, scarves, and various technology accessories; and travel products, such as rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.

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Institutional Ownership by Quarter for Vera Bradley (NASDAQ:VRA)

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