Public Employees Retirement System of Ohio Sells 4,500 Shares of Vera Bradley, Inc. (NASDAQ:VRA)

Public Employees Retirement System of Ohio lowered its stake in shares of Vera Bradley, Inc. (NASDAQ:VRA) by 14.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,842 shares of the textile maker’s stock after selling 4,500 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.08% of Vera Bradley worth $171,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Assenagon Asset Management S.A. grew its holdings in shares of Vera Bradley by 24.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 432,989 shares of the textile maker’s stock worth $2,862,000 after purchasing an additional 84,443 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in Vera Bradley during the 3rd quarter worth about $518,000. EAM Investors LLC bought a new stake in Vera Bradley during the 3rd quarter worth about $1,760,000. Barclays PLC grew its holdings in Vera Bradley by 94.6% during the 3rd quarter. Barclays PLC now owns 42,532 shares of the textile maker’s stock worth $282,000 after acquiring an additional 20,676 shares during the last quarter. Finally, Trexquant Investment LP grew its holdings in Vera Bradley by 379.0% during the 3rd quarter. Trexquant Investment LP now owns 60,689 shares of the textile maker’s stock worth $401,000 after acquiring an additional 48,018 shares during the last quarter. Institutional investors own 59.88% of the company’s stock.

Vera Bradley Stock Performance

Shares of VRA stock opened at $6.80 on Friday. The company has a market capitalization of $209.44 million, a P/E ratio of 27.20 and a beta of 1.92. Vera Bradley, Inc. has a 52 week low of $4.60 and a 52 week high of $8.35. The company’s 50 day moving average price is $7.35 and its two-hundred day moving average price is $7.24.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Vera Bradley from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 14th.

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 consisting of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.