Vera Bradley, Inc. (VRA) Just Recorded A Sigfniciant Increase

Mae Love
December 7, 2017

About 4.85M shares traded or 1214.58% up from the average.

Institutional investors now hold around $196 million or 64.4% in VRA stock. It has underperformed by 66.67% the S&P500. Northern Tru reported 269,582 shares. Finally, California Public Employees Retirement System boosted its position in shares of Vera Bradley by 63.1% during the 1st quarter. Universal Corp Va now has $1.40B valuation.

The stock decreased 1.61% or $0.98 during the last trading session, reaching $60.02. State Of Tennessee Treasury Department accumulated 23,724 shares. Universal Corporation (NYSE:UVV) has risen 28.37% since December 6, 2016 and is uptrending. It has outperformed by 10.59% the S&P500.

Vera Bradley, Inc., together with its subsidiaries, designs, makes, and sells womenÂ's handbags, luggage and travel items, fashion and home accessories, and gifts. The company also expects to reduce operating expenses by about $30 million. The stock has 5 year expected PEG ratio of 3.12 whereas its trailing twelve month P/E ratio is 38.98. It also provides home products consisting of mugs and tumblers, as well as textiles products, such as throw blankets, beach towels, comforters, and wellness and beauty products; offers apparel/footwear, stationery, merchandising, and gift card products; and licenses its products.

Investors sentiment decreased to 0.93 in Q2 2017. The biggest holder now is Ms. Patricia R. Miller who owns 3,009,627 shares (8.37% of those outstanding), whilst Ms. Jill A. Nichols holds 1,391,916 (3.87% of shares outstanding) and Robert T. Wallstrom holds 162,991 (0.45% of shares outstanding).

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Vera Bradley (NASDAQ:VRA) shares traded 27.66% up during most recent session to reach at the closing price of $11.03. Dimensional Fund Advisors, the second biggest holder with 2 million shares now valued at 21.78 million whilst Renaissance Technologies Corp has 2 million shares valued at 18.37 million. 58,877 are held by Jennison Assoc Ltd Com. Tyvor Capital Llc owns 346,764 shares or 3.72% of their USA portfolio. Jpmorgan Chase invested in 6,973 shares or 0% of the stock. Ls Investment Advsrs Limited Liability stated it has 0% in Vera Bradley, Inc. (NASDAQ:VRA). Quantbot Technologies Lp reported 669 shares.

Analyzing the technical facts, Vera Bradley, Inc. (NASDAQ:VRA). State Teachers Retirement reported 0% stake. LMR Partners LLP purchased a new stake in shares of Vera Bradley in the 2nd quarter valued at approximately $115,000. Wells Fargo & Mn invested in 320 shares. 13,789 are held by Texas Permanent School Fund. For the next year, analysts anticipate that the firm will post earnings of $0.52 per share, with EPS estimates ranging from $0.45 to $0.60.

Grantham Mayo Van Otterloo & Co Llc increased Universal Corp Va (UVV) stake by 208.65% reported in 2017Q2 SEC filing. Pacad Ltd holds 0.04% or 4,531 shares. 51,082 are owned by Qs Limited Liability. Zacks Investment Research upgraded shares of Vera Bradley from a "hold" rating to a "buy" rating and set a $8.00 price target for the company in a report on Wednesday, November 1st. Therefore 38% are positive. Jefferies Group reiterated a "hold" rating and issued a $11.00 price target on shares of Vera Bradley in a report on Thursday, October 12th. On Wednesday, August 30 the stock rating was maintained by Robert W. Baird with "Hold". Jefferies maintained the stock with "Hold" rating in Wednesday, May 31 report.

After a recent check, Vera Bradley's 14-day RSI is now at 84.77, the 7-day stands at 90.63, and the 3-day is sitting at 95.78. The rating was maintained by Telsey Advisory Group with "Market Perform" on Thursday, December 10.

In related news, EVP Kimberly F. Colby sold 170,000 shares of the company's stock in a transaction that occurred on Thursday, September 28th. Cowen & Co maintained the stock with "Hold" rating in Wednesday, August 30 report. Finally, Wells Fargo & Company MN increased its position in shares of Vera Bradley by 11.6% in the 2nd quarter. The company was maintained on Thursday, August 24 by KeyBanc Capital Markets. Its down 1.17, from 2.5 in 2017Q1. These holdings make up 41.3% of the company's outstanding shares. 2 funds opened positions while 2 raised stakes. Daruma Cap Mgmt Ltd Limited Liability Company reported 1.73% in Vera Bradley, Inc.

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