Vince (VNCE) Downgraded to “D” at TheStreet

TheStreet cut shares of Vince (NYSE:VNCE) from a c- rating to a d rating in a report released on Thursday, TheStreetRatingsTable reports.

Separately, ValuEngine upgraded Vince from a hold rating to a buy rating in a report on Wednesday, January 2nd.

VNCE opened at $12.27 on Thursday. 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 has a 12-month low of $7.93 and a 12-month high of $24.19.

Vince (NYSE:VNCE) last posted its quarterly earnings data on Wednesday, April 10th. The textile maker reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.13. The business had revenue of $77.78 million during the quarter. Vince had a negative return on equity of 0.49% and a negative net margin of 0.72%.

Large investors have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Vince by 75.4% during the third quarter. Vanguard Group Inc. now owns 129,214 shares of the textile maker’s stock valued at $1,906,000 after acquiring an additional 55,557 shares in the last quarter. Renaissance Technologies LLC increased its holdings in shares of Vince by 70.9% during the third quarter. Renaissance Technologies LLC now owns 200,104 shares of the textile maker’s stock valued at $2,952,000 after acquiring an additional 83,000 shares in the last quarter. GSA Capital Partners LLP increased its holdings in shares of Vince by 97.7% during the fourth quarter. GSA Capital Partners LLP now owns 44,910 shares of the textile maker’s stock valued at $419,000 after acquiring an additional 22,191 shares in the last quarter. Vanguard Group Inc increased its holdings in shares of Vince by 75.4% during the third quarter. Vanguard Group Inc now owns 129,214 shares of the textile maker’s stock valued at $1,906,000 after acquiring an additional 55,557 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Vince by 44.4% during the third quarter. JPMorgan Chase & Co. now owns 70,877 shares of the textile maker’s stock valued at $1,045,000 after acquiring an additional 21,792 shares in the last quarter. Hedge funds and other institutional investors own 8.08% of the company’s stock.

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.

Featured Story: What is required to own or exchange cryptocurrency?

Receive News & Ratings for Vince Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vince and related companies with MarketBeat.com's FREE daily email newsletter.