ClariVest Asset Management LLC raised its holdings in shares of Vera Bradley, Inc. (NASDAQ:VRA) by 30.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,935 shares of the textile maker’s stock after purchasing an additional 16,135 shares during the quarter. ClariVest Asset Management LLC owned 0.19% of Vera Bradley worth $1,053,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. WINTON GROUP Ltd bought a new stake in shares of Vera Bradley in the third quarter valued at about $7,181,000. Acadian Asset Management LLC raised its holdings in shares of Vera Bradley by 185.7% in the third quarter. Acadian Asset Management LLC now owns 580,740 shares of the textile maker’s stock valued at $8,861,000 after acquiring an additional 377,452 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Vera Bradley by 10.3% in the second quarter. BlackRock Inc. now owns 2,959,621 shares of the textile maker’s stock valued at $41,553,000 after acquiring an additional 276,112 shares in the last quarter. Spark Investment Management LLC raised its holdings in shares of Vera Bradley by 856.4% in the second quarter. Spark Investment Management LLC now owns 252,500 shares of the textile maker’s stock valued at $3,545,000 after acquiring an additional 226,100 shares in the last quarter. Finally, North Fourth Asset Management LP bought a new stake in shares of Vera Bradley in the second quarter valued at about $2,583,000. Institutional investors and hedge funds own 72.41% of the company’s stock.

In other Vera Bradley news, major shareholder Michael C. Ray sold 2,429 shares of Vera Bradley stock in a transaction dated Monday, September 10th. The stock was sold at an average price of $16.68, for a total value of $40,515.72. Following the transaction, the insider now owns 80,169 shares in the company, valued at $1,337,218.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Anne Marie Ray sold 28,378 shares of Vera Bradley stock in a transaction dated Tuesday, September 11th. The shares were sold at an average price of $16.65, for a total value of $472,493.70. The disclosure for this sale can be found here. Insiders sold 1,203,889 shares of company stock worth $18,019,941 in the last quarter. 30.10% of the stock is owned by insiders.

VRA stock opened at $11.01 on Thursday. The stock has a market capitalization of $394.23 million, a P/E ratio of 18.35 and a beta of 0.48. Vera Bradley, Inc. has a 1-year low of $8.10 and a 1-year high of $17.38.

Vera Bradley (NASDAQ:VRA) last posted its earnings results on Wednesday, September 5th. The textile maker reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.10. Vera Bradley had a return on equity of 9.82% and a net margin of 3.76%. The company had revenue of $113.60 million for the quarter, compared to analyst estimates of $113.14 million. During the same quarter in the previous year, the firm earned $0.13 earnings per share. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. On average, research analysts anticipate that Vera Bradley, Inc. will post 0.59 EPS for the current fiscal year.

Several analysts recently weighed in on VRA shares. Zacks Investment Research upgraded Vera Bradley from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a report on Saturday, September 8th. BidaskClub upgraded Vera Bradley from a “hold” rating to a “buy” rating in a report on Tuesday, September 11th. Telsey Advisory Group lifted their price objective on Vera Bradley from $15.00 to $17.00 and gave the company a “market perform” rating in a report on Thursday, September 6th. TheStreet upgraded Vera Bradley from a “c” rating to a “b” rating in a report on Thursday, September 6th. Finally, ValuEngine downgraded Vera Bradley from a “buy” rating to a “hold” rating in a report on Friday, November 16th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $14.25.

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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 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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