Sei Investments Co. Buys New Shares in Vera Bradley, Inc. (NASDAQ:VRA)

Sei Investments Co. acquired a new stake in shares of Vera Bradley, Inc. (NASDAQ:VRA) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,873 shares of the textile maker’s stock, valued at approximately $81,000.

Several other large investors have also recently made changes to their positions in VRA. Wellington Management Group LLP bought a new stake in shares of Vera Bradley during the fourth quarter worth $3,672,000. Acadian Asset Management LLC increased its position in shares of Vera Bradley by 17.6% during the first quarter. Acadian Asset Management LLC now owns 1,013,292 shares of the textile maker’s stock worth $6,889,000 after acquiring an additional 151,969 shares during the period. American Century Companies Inc. raised its stake in shares of Vera Bradley by 23.2% during the second quarter. American Century Companies Inc. now owns 385,521 shares of the textile maker’s stock valued at $2,413,000 after acquiring an additional 72,642 shares in the last quarter. Hillsdale Investment Management Inc. boosted its holdings in shares of Vera Bradley by 14.2% in the first quarter. Hillsdale Investment Management Inc. now owns 550,764 shares of the textile maker’s stock valued at $3,745,000 after purchasing an additional 68,500 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in 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 purchasing an additional 64,624 shares in the last quarter. 59.88% of the stock is owned by institutional investors.

Vera Bradley Price Performance

Shares of VRA stock opened at $5.18 on Friday. The stock’s 50-day moving average is $5.51 and its 200 day moving average is $6.35. Vera Bradley, Inc. has a 1-year low of $4.38 and a 1-year high of $8.35. The company has a market cap of $146.23 million, a P/E ratio of 172.67 and a beta of 1.88.

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

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 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.