Peapod Lane Capital LLC Buys New Shares in Vera Bradley, Inc. (NASDAQ:VRA)

Peapod Lane Capital LLC purchased a new position in Vera Bradley, Inc. (NASDAQ:VRA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 463,823 shares of the textile maker’s stock, valued at approximately $1,823,000. Vera Bradley makes up 1.8% of Peapod Lane Capital LLC’s holdings, making the stock its 22nd biggest position.

Several other institutional investors have also recently made changes to their positions in VRA. Empowered Funds LLC raised its position in shares of Vera Bradley by 5.1% during the 4th 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. McAdam LLC bought a new stake in Vera Bradley during the fourth quarter valued at about $50,000. SG Americas Securities LLC bought a new stake in Vera Bradley during the fourth quarter valued at about $2,792,000. Marquette Asset Management LLC boosted its stake in shares of 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 acquiring an additional 22,383 shares during the period. Finally, Barclays PLC boosted its stake in shares of Vera Bradley by 23.4% in the third quarter. Barclays PLC now owns 59,900 shares of the textile maker’s stock worth $327,000 after acquiring an additional 11,366 shares during the period. Institutional investors own 59.88% of the company’s stock.

Vera Bradley Price Performance

Shares of VRA opened at $3.23 on Thursday. The business’s 50 day moving average is $3.87 and its 200 day moving average is $4.93. Vera Bradley, Inc. has a 12-month low of $3.13 and a 12-month high of $8.32.

Vera Bradley (NASDAQ:VRA) last released its earnings results on Wednesday, December 11th. The textile maker reported ($0.27) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.33). Vera Bradley had a negative return on equity of 2.74% and a negative net margin of 4.21%. As a group, sell-side analysts anticipate that Vera Bradley, Inc. will post -0.25 earnings per share for the current fiscal 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.