Noble Financial started coverage on shares of Vince (NYSE:VNCE – Free Report) in a research report released on Monday, Marketbeat.com reports. The firm issued an outperform rating and a $3.00 target price on the textile maker’s stock.
Separately, Small Cap Consu upgraded shares of Vince to a strong-buy rating in a research note on Thursday, May 23rd.
View Our Latest Stock Report on VNCE
Vince Stock Performance
Vince (NYSE:VNCE – Get Free Report) last issued its earnings results on Tuesday, June 18th. The textile maker reported ($0.26) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.30) by $0.04. The business had revenue of $59.17 million for the quarter. Vince had a net margin of 10.49% and a negative return on equity of 13.13%.
Institutional Investors Weigh In On Vince
A hedge fund recently raised its stake in Vince stock. Fund 1 Investments LLC lifted its holdings in shares of Vince Holding Corp. (NYSE:VNCE – Free Report) by 0.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,242,976 shares of the textile maker’s stock after buying an additional 6,500 shares during the period. Vince accounts for approximately 0.5% of Fund 1 Investments LLC’s holdings, making the stock its 23rd biggest position. Fund 1 Investments LLC owned 9.94% of Vince worth $4,301,000 as of its most recent SEC filing. 16.11% of the stock is currently owned by hedge funds and other institutional investors.
About Vince
Vince Holding Corp. provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale, Vince Direct-to-Consumer segments. The company offers a range of men's and women's products, such as cashmere sweaters, silk blouses, leather and suede products, and jackets, dresses, skirts, pants, t-shirts, footwear, outerwear, and accessories, as well as woven shirts, core and fashion pants, and blazers under the Vince brand.
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