Dimensional Fund Advisors LP trimmed its holdings in Vince Holding Corp. (NYSE:VNCE) by 1.3% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 461,595 shares of the textile maker’s stock after selling 5,939 shares during the quarter. Dimensional Fund Advisors LP owned about 0.93% of Vince Holding Corp. worth $715,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Teachers Advisors LLC boosted its position in Vince Holding Corp. by 15.0% in the fourth quarter. Teachers Advisors LLC now owns 45,141 shares of the textile maker’s stock worth $183,000 after purchasing an additional 5,883 shares during the last quarter. Paradigm Capital Management Inc. NY boosted its position in Vince Holding Corp. by 71.2% in the first quarter. Paradigm Capital Management Inc. NY now owns 1,926,300 shares of the textile maker’s stock worth $2,985,000 after purchasing an additional 801,000 shares during the last quarter. Finally, California Public Employees Retirement System boosted its position in Vince Holding Corp. by 314.3% in the first quarter. California Public Employees Retirement System now owns 84,360 shares of the textile maker’s stock worth $131,000 after purchasing an additional 64,000 shares during the last quarter. Institutional investors own 14.22% of the company’s stock.
In other Vince Holding Corp. news, Director Marc J. Leder acquired 17,831,247 shares of Vince Holding Corp. stock in a transaction that occurred on Friday, September 8th. The stock was acquired at an average price of $0.45 per share, with a total value of $8,024,061.15. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Sun Capital Partners V. Lp acquired 13,373,435 shares of Vince Holding Corp. stock in a transaction that occurred on Friday, September 8th. The stock was acquired at an average cost of $0.45 per share, with a total value of $6,018,045.75. The disclosure for this purchase can be found here. Company insiders own 58.40% of the company’s stock.
Separately, ValuEngine cut Vince Holding Corp. from a “sell” rating to a “strong sell” rating in a research report on Friday, June 2nd. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $3.17.
Vince Holding Corp. (NYSE VNCE) opened at 0.5972 on Friday. The stock’s 50 day moving average price is $0.50 and its 200-day moving average price is $0.76. The stock’s market capitalization is $29.55 million. Vince Holding Corp. has a 52-week low of $0.28 and a 52-week high of $6.21.
Vince Holding Corp. (NYSE:VNCE) last issued its earnings results on Thursday, September 7th. The textile maker reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.13). The company had revenue of $60.82 million for the quarter. Vince Holding Corp. had a negative net margin of 68.88% and a negative return on equity of 120.03%. On average, equities analysts expect that Vince Holding Corp. will post ($0.11) EPS for the current fiscal year.
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Vince Holding Corp. Company Profile
Vince Holding Corp. (Vince) is a United States-based company, which offers a range of women’s and men’s apparel, women’s and men’s footwear, and handbags. The Company operates as a fashion brand. The Company operates in two segments: Wholesale and Direct-to-consumer. The Company’s Wholesale segment consists of its operations to distribute products to various department stores and specialty stores in the United States and select international markets.
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