TheStreet upgraded shares of Vince (NYSE:VNCE) from a d rating to a c- rating in a research note published on Wednesday, September 19th.

NYSE:VNCE traded up $0.11 during midday trading on Wednesday, hitting $12.40. The stock had a trading volume of 32,157 shares, compared to its average volume of 44,193. Vince has a one year low of $3.20 and a one year high of $24.19. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.20 and a quick ratio of 0.80.

Vince (NYSE:VNCE) last announced its earnings results on Thursday, September 13th. The textile maker reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.34). The company had revenue of $63.13 million for the quarter. Vince had a net margin of 25.27% and a negative return on equity of 15.86%.

Several institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in Vince by 2,620.7% in the 1st quarter. JPMorgan Chase & Co. now owns 18,936 shares of the textile maker’s stock worth $169,000 after acquiring an additional 18,240 shares during the last quarter. Dimensional Fund Advisors LP purchased a new position in Vince in the 2nd quarter worth $196,000. Millennium Management LLC purchased a new position in Vince in the 4th quarter worth $213,000. MYDA Advisors LLC purchased a new position in Vince in the 2nd quarter worth $330,000. Finally, BlackRock Inc. raised its stake in Vince by 24.4% in the 2nd quarter. BlackRock Inc. now owns 42,116 shares of the textile maker’s stock worth $694,000 after acquiring an additional 8,273 shares during the last quarter. 5.58% of the stock is owned by hedge funds and other institutional investors.

Vince Company 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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