American Century Companies Inc. Grows Stake in Vera Bradley, Inc. (NASDAQ:VRA)

American Century Companies Inc. increased its position in Vera Bradley, Inc. (NASDAQ:VRA) by 9.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 523,941 shares of the textile maker’s stock after acquiring an additional 43,482 shares during the period. American Century Companies Inc.’s holdings in Vera Bradley were worth $2,059,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VRA. Royce & Associates LP raised its position in Vera Bradley by 18.9% in the fourth quarter. Royce & Associates LP now owns 1,893,687 shares of the textile maker’s stock worth $7,442,000 after acquiring an additional 301,522 shares during the period. SG Americas Securities LLC purchased a new position in Vera Bradley during the fourth quarter valued at $2,792,000. Peapod Lane Capital LLC bought a new stake in Vera Bradley during the fourth quarter valued at about $1,823,000. Empowered Funds LLC grew its holdings in Vera Bradley by 5.1% during the fourth quarter. Empowered Funds LLC now owns 151,615 shares of the textile maker’s stock valued at $596,000 after purchasing an additional 7,405 shares during the period. Finally, Marquette Asset Management LLC increased its position in Vera Bradley by 50.4% in the fourth quarter. Marquette Asset Management LLC now owns 66,789 shares of the textile maker’s stock worth $262,000 after buying an additional 22,383 shares in the last quarter. Hedge funds and other institutional investors own 59.88% of the company’s stock.

Vera Bradley Stock Down 7.0 %

VRA stock opened at $1.98 on Wednesday. The business’s 50-day moving average price is $2.89 and its 200-day moving average price is $4.09. The stock has a market cap of $54.85 million, a P/E ratio of -3.36 and a beta of 1.86. Vera Bradley, Inc. has a twelve month low of $1.89 and a twelve month high of $8.33.

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.