McAdam LLC Takes Position in Vera Bradley, Inc. (NASDAQ:VRA)

McAdam LLC bought a new position in shares of Vera Bradley, Inc. (NASDAQ:VRA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,756 shares of the textile maker’s stock, valued at approximately $50,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VRA. SG Americas Securities LLC acquired a new position in Vera Bradley in the fourth quarter worth approximately $2,792,000. Potrero Capital Research LLC purchased a new position in Vera Bradley during the 3rd quarter worth approximately $2,621,000. Royce & Associates LP grew its holdings in shares of Vera Bradley by 18.6% during the 3rd quarter. Royce & Associates LP now owns 1,592,165 shares of the textile maker’s stock valued at $8,693,000 after acquiring an additional 249,630 shares in the last quarter. AQR Capital Management LLC grew its holdings 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 valued at $3,134,000 after acquiring an additional 137,552 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Vera Bradley by 4.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,474,763 shares of the textile maker’s stock valued at $9,232,000 after acquiring an additional 64,624 shares in the last quarter. Institutional investors own 59.88% of the company’s stock.

Vera Bradley Stock Down 4.3 %

Vera Bradley stock opened at $3.58 on Tuesday. The company’s fifty day simple moving average is $4.19 and its 200-day simple moving average is $5.08. Vera Bradley, Inc. has a 12 month low of $3.27 and a 12 month high of $8.32. The stock has a market cap of $99.26 million, a P/E ratio of -6.07 and a beta of 1.97.

Vera Bradley (NASDAQ:VRA) last released its quarterly earnings data on Wednesday, December 11th. The textile maker reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate 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%. On average, equities research analysts expect that Vera Bradley, Inc. will post -0.25 earnings per share for the current fiscal 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.