Pathway Financial Advisers LLC Takes $118,000 Position in Vera Bradley, Inc. (NASDAQ:VRA)

Pathway Financial Advisers LLC bought a new position in shares of Vera Bradley, Inc. (NASDAQ:VRA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 29,906 shares of the textile maker’s stock, valued at approximately $118,000. Pathway Financial Advisers LLC owned approximately 0.11% of Vera Bradley as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of VRA. Empowered Funds LLC raised its position in Vera Bradley by 5.3% in the third quarter. Empowered Funds LLC now owns 144,210 shares of the textile maker’s stock valued at $787,000 after purchasing an additional 7,236 shares during the period. Jane Street Group LLC grew its stake in shares of Vera Bradley by 40.6% in the third quarter. Jane Street Group LLC now owns 33,765 shares of the textile maker’s stock valued at $184,000 after buying an additional 9,744 shares in the last quarter. Barclays PLC raised its holdings in shares of Vera Bradley by 23.4% during the 3rd quarter. Barclays PLC now owns 59,900 shares of the textile maker’s stock valued at $327,000 after buying an additional 11,366 shares during the period. The Manufacturers Life Insurance Company acquired a new position in Vera Bradley during the 2nd quarter worth approximately $76,000. Finally, McAdam LLC acquired a new position in Vera Bradley during the 4th quarter worth approximately $50,000. Hedge funds and other institutional investors own 59.88% of the company’s stock.

Vera Bradley Stock Up 3.1 %

Shares of NASDAQ:VRA opened at $3.33 on Friday. The company has a 50 day moving average of $3.83 and a two-hundred day moving average of $4.92. Vera Bradley, Inc. has a 52-week low of $3.13 and a 52-week high of $8.32.

Vera Bradley (NASDAQ:VRA) last released its quarterly earnings results on Wednesday, December 11th. The textile maker reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates 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%. Research analysts anticipate that Vera Bradley, Inc. will post -0.25 EPS for the current fiscal year.

About Vera Bradley

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.