The major shareholder of Vera Bradley, Inc. (VRA), Thomas Byrne Sold 1,232,605 Shares; Wellington Shields Capital Management Has Cut Its Hanesbrands (HBI) Position

Wellington Shields Capital Management Llc decreased Hanesbrands Inc (HBI) stake by 20.72% reported in 2017Q3 SEC filing. Wellington Shields Capital Management Llc sold 43,400 shares as Hanesbrands Inc (HBI)’s stock declined 1.43%. The Wellington Shields Capital Management Llc holds 166,040 shares with $4.09M value, down from 209,440 last quarter. Hanesbrands Inc now has $6.89 billion valuation. The stock decreased 1.29% or $0.25 during the last trading session, reaching $19.13. About 9.09M shares traded or 37.24% up from the average. Hanesbrands Inc. (NYSE:HBI) has declined 23.23% since March 21, 2017 and is downtrending. It has underperformed by 39.93% the S&P500.

Thomas Byrne, the insider, who’s presently the major shareholder of Vera Bradley Inc unloaded around 1,232,605 shares of the firm that are worth $11,993,247 U.S Dollars estimated based on 9.7 U.S Dollars per each share. This stocks unloading was pretty significant, so clearly it won’t go unnoticed. Today, he owns a total of 3.95 million shares or 11.14% of the company’s total market capitalization.

Vera Bradley, Inc., together with its subsidiaries, designs, makes, and sells women's handbags, luggage and travel items, fashion and home accessories, and gifts. The company has market cap of $379.67 million. The firm offers totes, crossbodies, satchels, clutches, backpacks, baby, and lunch bags; accessories, inclduing wallets, wristlets, eyeglass cases, jewelry, scarves, and various technology accessories; and travel products, such as rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags. It has a 56.32 P/E ratio. 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 1.3 in Q3 2017. Its down 0.13, from 1.43 in 2017Q2. It dived, as 15 investors sold Vera Bradley, Inc. shares while 27 reduced holdings. 22 funds opened positions while 38 raised stakes. 20.97 million shares or 2.78% less from 21.57 million shares in 2017Q2 were reported. 52,789 are owned by Prudential Financial. Rhumbline Advisers stated it has 41,035 shares. Axa stated it has 130,159 shares or 0% of all its holdings. Parkside Bankshares & Tru has invested 0% of its portfolio in Vera Bradley, Inc. (NASDAQ:VRA). Moreover, Great West Life Assurance Can has 0% invested in Vera Bradley, Inc. (NASDAQ:VRA) for 24,564 shares. Bridgeway Capital Management Incorporated reported 0% of its portfolio in Vera Bradley, Inc. (NASDAQ:VRA). Verition Fund Management Lc reported 14,822 shares. Tudor Inv Et Al has 0% invested in Vera Bradley, Inc. (NASDAQ:VRA) for 11,113 shares. Ameritas Inv Prns Inc stated it has 0% of its portfolio in Vera Bradley, Inc. (NASDAQ:VRA). 20,006 were reported by Comerica State Bank. Employees Retirement Of Ohio holds 0% or 32,076 shares in its portfolio. Lsv Asset Management owns 378,124 shares for 0.01% of their portfolio. New York-based Jpmorgan Chase And has invested 0% in Vera Bradley, Inc. (NASDAQ:VRA). Teachers Retirement Systems Of The State Of Kentucky has 7,200 shares. Citadel Advsrs Ltd Company accumulated 472,221 shares.

Among 8 analysts covering Vera Bradley (NASDAQ:VRA), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Vera Bradley has $24 highest and $9.0 lowest target. $14.63’s average target is 36.73% above currents $10.7 stock price. Vera Bradley had 29 analyst reports since July 21, 2015 according to SRatingsIntel. Robert W. Baird maintained Vera Bradley, Inc. (NASDAQ:VRA) rating on Wednesday, August 30. Robert W. Baird has “Hold” rating and $10.0 target. On Thursday, October 6 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. The rating was maintained by KeyBanc Capital Markets on Thursday, August 24 with “Hold”. Telsey Advisory Group maintained the shares of VRA in report on Thursday, December 10 with “Market Perform” rating. The firm earned “Underperform” rating on Thursday, September 3 by Cowen & Co. Robert W. Baird maintained it with “Hold” rating and $12.0 target in Thursday, December 21 report. The company was maintained on Wednesday, December 6 by Cowen & Co. The firm has “Hold” rating given on Wednesday, August 30 by Cowen & Co. The stock of Vera Bradley, Inc. (NASDAQ:VRA) has “Hold” rating given on Wednesday, May 31 by Jefferies. The firm earned “Hold” rating on Wednesday, March 14 by Cowen & Co.

The stock increased 1.13% or $0.12 during the last trading session, reaching $10.7. About 279,348 shares traded. Vera Bradley, Inc. (NASDAQ:VRA) has declined 49.97% since March 21, 2017 and is downtrending. It has underperformed by 66.67% the S&P500.

Since September 28, 2017, it had 0 insider purchases, and 1 sale for $1.44 million activity. On Thursday, September 28 Colby Kimberly F. sold $1.44 million worth of Vera Bradley, Inc. (NASDAQ:VRA) or 170,000 shares.

Since February 15, 2018, it had 0 buys, and 1 insider sale for $1.07 million activity. $1.07 million worth of stock was sold by Upchurch W Howard Jr on Thursday, February 15.

Among 19 analysts covering Hanesbrands (NYSE:HBI), 10 have Buy rating, 0 Sell and 9 Hold. Therefore 53% are positive. Hanesbrands had 58 analyst reports since September 17, 2015 according to SRatingsIntel. The rating was downgraded by Wells Fargo on Wednesday, October 25 to “Market Perform”. As per Friday, February 3, the company rating was maintained by FBR Capital. The company was maintained on Friday, February 9 by Wells Fargo. As per Friday, February 3, the company rating was maintained by UBS. The company was maintained on Thursday, November 2 by Buckingham Research. The firm has “Buy” rating given on Monday, July 17 by Buckingham Research. CL King upgraded Hanesbrands Inc. (NYSE:HBI) on Monday, December 12 to “Buy” rating. The company was upgraded on Monday, January 11 by Nomura. Deutsche Bank initiated Hanesbrands Inc. (NYSE:HBI) rating on Monday, October 23. Deutsche Bank has “Buy” rating and $29.0 target. The firm has “Buy” rating given on Friday, February 5 by UBS.

Wellington Shields Capital Management Llc increased Oneok Inc (NYSE:OKE) stake by 23,813 shares to 29,925 valued at $1.66M in 2017Q3. It also upped Facebook Inc (NASDAQ:FB) stake by 3,381 shares and now owns 38,955 shares. Under Armour Inc Class A (NYSE:UA) was raised too.

Analysts await Hanesbrands Inc. (NYSE:HBI) to report earnings on May, 1. They expect $0.24 EPS, down 17.24% or $0.05 from last year’s $0.29 per share. HBI’s profit will be $86.49 million for 19.93 P/E if the $0.24 EPS becomes a reality. After $0.52 actual EPS reported by Hanesbrands Inc. for the previous quarter, Wall Street now forecasts -53.85% negative EPS growth.

Investors sentiment decreased to 1.11 in Q3 2017. Its down 0.04, from 1.15 in 2017Q2. It fall, as 43 investors sold HBI shares while 189 reduced holdings. 78 funds opened positions while 188 raised stakes. 334.65 million shares or 1.31% more from 330.33 million shares in 2017Q2 were reported. Atlantic Trust Grp Llc invested in 414,892 shares. Farmers And Merchants Invs stated it has 0.47% in Hanesbrands Inc. (NYSE:HBI). Global X Mgmt Ltd Company invested 0.01% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Fred Alger Management invested in 244,797 shares or 0.03% of the stock. 22,868 are owned by Keybank Natl Association Oh. Twin Tree LP owns 15,240 shares or 0% of their US portfolio. Commonwealth Natl Bank Of stated it has 4,122 shares or 0% of all its holdings. Bartlett And Co Lc owns 694 shares or 0% of their US portfolio. Wolverine Asset Mngmt Llc holds 0% of its portfolio in Hanesbrands Inc. (NYSE:HBI) for 8,210 shares. Amica Pension Fund Board Of Trustees accumulated 52,240 shares. New York State Teachers Retirement System stated it has 660,787 shares. Pennsylvania Tru accumulated 95,613 shares. Oppenheimer Inc reported 0.19% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Nationwide Fund Advisors has 0.01% invested in Hanesbrands Inc. (NYSE:HBI) for 102,513 shares. 3,081 were reported by Mufg Americas Corporation.

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