Vanguard Group Inc raised its stake in shares of Vince Holding Corp (NYSE:VNCE) by 75.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 129,214 shares of the textile maker’s stock after acquiring an additional 55,557 shares during the period. Vanguard Group Inc’s holdings in Vince were worth $1,906,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. BlackRock Inc. grew its holdings in Vince by 24.4% during the 2nd quarter. BlackRock Inc. now owns 42,116 shares of the textile maker’s stock valued at $694,000 after buying an additional 8,273 shares in the last quarter. Dimensional Fund Advisors LP purchased a new stake in Vince during the 2nd quarter valued at approximately $196,000. JPMorgan Chase & Co. grew its holdings in Vince by 44.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 70,877 shares of the textile maker’s stock valued at $1,045,000 after buying an additional 21,792 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in Vince during the 3rd quarter valued at approximately $335,000. Finally, EAM Investors LLC purchased a new stake in Vince during the 3rd quarter valued at approximately $512,000. 8.77% of the stock is owned by institutional investors and hedge funds.

VNCE stock opened at $13.70 on Friday. Vince Holding Corp has a fifty-two week low of $7.88 and a fifty-two week high of $24.19. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.21 and a quick ratio of 0.87.

Vince (NYSE:VNCE) last posted its earnings results on Thursday, December 13th. The textile maker reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.44. Vince had a net margin of 26.04% and a negative return on equity of 7.17%. The firm had revenue of $83.53 million during the quarter.

Separately, ValuEngine lowered shares of Vince from a “buy” rating to a “hold” rating in a report on Thursday, December 13th.

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Vince Profile

Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. The company operates in two segments, Wholesale and Direct-To-Consumer. It offers a range of women's products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, skirts, denims, pants, T-shirts, handbags, footwear, and outerwear; and men's products comprising T-shirts, knit and woven tops, sweaters, denim, pants, blazers, footwear, and outerwear under the Vince brand.

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Institutional Ownership by Quarter for Vince (NYSE:VNCE)

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