JPMorgan Chase & Co. Has $217,000 Holdings in Vera Bradley, Inc. (NASDAQ:VRA)

JPMorgan Chase & Co. decreased its holdings in shares of Vera Bradley, Inc. (NASDAQ:VRA) by 8.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 39,668 shares of the textile maker’s stock after selling 3,662 shares during the period. JPMorgan Chase & Co.’s holdings in Vera Bradley were worth $217,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Dimensional Fund Advisors LP boosted its holdings in Vera Bradley by 4.6% during 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. Sei Investments Co. acquired a new position in Vera Bradley during the second quarter valued at approximately $81,000. AQR Capital Management LLC grew its holdings in Vera Bradley by 37.9% during the second quarter. AQR Capital Management LLC now owns 500,578 shares of the textile maker’s stock valued at $3,134,000 after purchasing an additional 137,552 shares during the period. The Manufacturers Life Insurance Company bought a new stake in Vera Bradley in the second quarter valued at approximately $76,000. Finally, Marquette Asset Management LLC raised its holdings in Vera Bradley by 12.2% in the third quarter. Marquette Asset Management LLC now owns 44,406 shares of the textile maker’s stock worth $242,000 after purchasing an additional 4,824 shares during the period. 59.88% of the stock is currently owned by institutional investors and hedge funds.

Vera Bradley Stock Down 5.1 %

Shares of VRA stock opened at $3.74 on Friday. Vera Bradley, Inc. has a 12-month low of $3.27 and a 12-month high of $8.32. The firm has a fifty day moving average of $4.23 and a 200-day moving average of $5.12. The firm has a market capitalization of $103.71 million, a price-to-earnings ratio of -6.34 and a beta of 1.97.

Vera Bradley (NASDAQ:VRA) last posted its earnings results on Wednesday, December 11th. The textile maker reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%. Research analysts expect that Vera Bradley, Inc. will post -0.25 earnings per share for the current 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.