Victoria's Secret & Co. (NYSE:VSCO) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 16.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,377,220 shares of the company's stock after acquiring an additional 196,155 shares during the quarter. Dimensional Fund Advisors LP owned 1.75% of Victoria's Secret & Co. worth $57,048,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC increased its stake in Victoria's Secret & Co. by 10.3% during the 4th quarter. GAMMA Investing LLC now owns 3,486 shares of the company's stock worth $144,000 after buying an additional 326 shares during the period. Picton Mahoney Asset Management increased its position in shares of Victoria's Secret & Co. by 6.5% during the fourth quarter. Picton Mahoney Asset Management now owns 7,782 shares of the company's stock worth $322,000 after acquiring an additional 477 shares during the last quarter. Summit Investment Advisors Inc. increased its position in shares of Victoria's Secret & Co. by 6.8% during the fourth quarter. Summit Investment Advisors Inc. now owns 8,211 shares of the company's stock worth $340,000 after acquiring an additional 522 shares during the last quarter. Mariner LLC lifted its stake in shares of Victoria's Secret & Co. by 3.0% in the fourth quarter. Mariner LLC now owns 19,307 shares of the company's stock worth $800,000 after acquiring an additional 569 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its holdings in Victoria's Secret & Co. by 47.1% in the fourth quarter. Canada Pension Plan Investment Board now owns 2,500 shares of the company's stock valued at $104,000 after purchasing an additional 800 shares during the last quarter. Institutional investors and hedge funds own 90.29% of the company's stock.

Victoria's Secret & Co. Stock Performance

Shares of NYSE VSCO traded down $0.34 during mid-day trading on Monday, hitting $19.25. The company had a trading volume of 1,599,025 shares, compared to its average volume of 2,956,828. Victoria's Secret & Co. has a 12 month low of $13.76 and a 12 month high of $48.73. The stock has a market cap of $1.51 billion, a price-to-earnings ratio of 9.97, a PEG ratio of 1.15 and a beta of 2.25. The company has a debt-to-equity ratio of 3.12, a current ratio of 1.17 and a quick ratio of 0.33. The firm's 50 day simple moving average is $18.99 and its two-hundred day simple moving average is $30.58.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last posted its earnings results on Wednesday, March 5th. The company reported $2.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.30 by $0.30. Victoria's Secret & Co. had a return on equity of 44.74% and a net margin of 2.47%. The company had revenue of $2.11 billion for the quarter, compared to analysts' expectations of $2.10 billion. As a group, equities research analysts forecast that Victoria's Secret & Co. will post 2.37 earnings per share for the current year.

Insiders Place Their Bets

In other Victoria's Secret & Co. news, major shareholder International Pte Ltd Bbrc acquired 85,145 shares of Victoria's Secret & Co. stock in a transaction dated Wednesday, March 26th. The stock was acquired at an average cost of $19.47 per share, for a total transaction of $1,657,773.15. Following the completion of the transaction, the insider now owns 9,389,805 shares in the company, valued at approximately $182,819,503.35. This represents a 0.92 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last 90 days, insiders bought 1,503,973 shares of company stock worth $26,617,312. Insiders own 1.10% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Bank of America cut their target price on Victoria's Secret & Co. from $40.00 to $35.00 and set an "underperform" rating on the stock in a research report on Thursday, January 30th. Wells Fargo & Company lowered shares of Victoria's Secret & Co. from an "equal weight" rating to an "underweight" rating and decreased their price objective for the stock from $25.00 to $12.00 in a report on Wednesday, April 30th. The Goldman Sachs Group cut their target price on shares of Victoria's Secret & Co. from $19.00 to $15.00 and set a "sell" rating on the stock in a research note on Tuesday, April 22nd. BMO Capital Markets decreased their price target on Victoria's Secret & Co. from $46.00 to $31.00 and set an "outperform" rating for the company in a research note on Thursday, March 6th. Finally, UBS Group cut their price objective on Victoria's Secret & Co. from $47.00 to $34.00 and set a "neutral" rating on the stock in a research note on Thursday, February 27th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Victoria's Secret & Co. presently has a consensus rating of "Hold" and a consensus target price of $28.55.

About Victoria's Secret & Co.

Victoria's Secret & Co operates as a lingerie, clothing and beauty retailer. It offers bras, panties, lingerie, pajamas, sleep, sport and swim apparel, and beauty products. The company was founded in 1963 and is headquartered in Reynoldsburg, OH.