NFJ Investment Group LLC Buys Shares of 41,881 Victoria's Secret & Co. $VSCO

Key Points

• NFJ Investment Group LLC acquired 41,881 shares of Victoria's Secret & Co., representing an investment of approximately $778,000, which gives it a 0.05% stake in the company.
• The company reported earnings of $0.33 per share for the last quarter, significantly exceeding the consensus estimate of $0.13, with revenue hitting $1.46 billion.
• Victoria's Secret & Co.'s stock currently holds a consensus rating of "Hold," with a target price of $25.45 as set by financial analysts.

NFJ Investment Group LLC bought a new stake in shares of Victoria's Secret & Co. (NYSE:VSCO - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 41,881 shares of the company's stock, valued at approximately $778,000. NFJ Investment Group LLC owned about 0.05% of Victoria's Secret & Co. as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of VSCO. Virtus Advisers LLC bought a new position in shares of Victoria's Secret & Co. during the 1st quarter valued at approximately $30,000. NBC Securities Inc. increased its position in shares of Victoria's Secret & Co. by 141,000.0% during the 1st quarter. NBC Securities Inc. now owns 2,822 shares of the company's stock valued at $52,000 after purchasing an additional 2,820 shares during the last quarter. Allworth Financial LP increased its position in shares of Victoria's Secret & Co. by 677.4% during the 1st quarter. Allworth Financial LP now owns 3,063 shares of the company's stock valued at $57,000 after purchasing an additional 2,669 shares during the last quarter. KBC Group NV increased its position in shares of Victoria's Secret & Co. by 40.8% during the 1st quarter. KBC Group NV now owns 3,904 shares of the company's stock valued at $73,000 after purchasing an additional 1,132 shares during the last quarter. Finally, CoreCap Advisors LLC increased its position in shares of Victoria's Secret & Co. by 1,898.1% during the 4th quarter. CoreCap Advisors LLC now owns 2,058 shares of the company's stock valued at $85,000 after purchasing an additional 1,955 shares during the last quarter. Institutional investors own 90.29% of the company's stock.

Victoria's Secret & Co. Stock Up 3.4%

Shares of VSCO traded up $0.88 during midday trading on Thursday, reaching $26.54. 1,549,162 shares of the stock were exchanged, compared to its average volume of 3,451,642. Victoria's Secret & Co. has a 52 week low of $13.76 and a 52 week high of $48.73. The company has a current ratio of 1.14, a quick ratio of 0.33 and a debt-to-equity ratio of 1.48. The company's 50 day moving average is $21.41 and its two-hundred day moving average is $20.51. The company has a market capitalization of $2.13 billion, a P/E ratio of 14.76, a PEG ratio of 1.39 and a beta of 2.20.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last issued its quarterly earnings data on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.20. Victoria's Secret & Co. had a return on equity of 33.77% and a net margin of 2.42%.The company had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter last year, the company earned $0.40 earnings per share. The firm's revenue for the quarter was up 2.9% compared to the same quarter last year. Victoria's Secret & Co. has set its Q3 2025 guidance at -0.75--0.550 EPS. FY 2025 guidance at EPS. On average, sell-side analysts anticipate that Victoria's Secret & Co. will post 2.37 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have commented on VSCO shares. Morgan Stanley reaffirmed a "positive" rating on shares of Victoria's Secret & Co. in a research report on Thursday, June 12th. Jefferies Financial Group cut their price objective on Victoria's Secret & Co. from $28.00 to $26.00 and set a "buy" rating on the stock in a research report on Friday, August 29th. Wall Street Zen raised Victoria's Secret & Co. from a "sell" rating to a "hold" rating in a research report on Friday, August 22nd. Zacks Research raised Victoria's Secret & Co. to a "hold" rating in a research report on Monday, August 11th. Finally, Barclays upped their price objective on Victoria's Secret & Co. from $23.00 to $27.00 and gave the company an "overweight" rating in a research report on Friday, August 29th. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Victoria's Secret & Co. has a consensus rating of "Hold" and an average price target of $25.45.

Victoria's Secret & Co. Profile

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.