Algert Global LLC Has $1.62 Million Stock Holdings in Victoria's Secret & Co. $VSCO

Key Points

• Algert Global LLC increased its stake in Victoria's Secret & Co. by 1,338.7%, acquiring an additional 80,940 shares during the first quarter, bringing its total holdings to 86,986 shares valued at approximately $1.6 million.
• Analysts have mixed views on the stock, with four analysts rating it as a Buy, six as Hold, and three as Sell, while the average price target is at $24.73.
• Victoria's Secret reported $1.35 billion in revenue for the last quarter, down 0.5% year-over-year, and a meeting of earnings expectations with $0.09 EPS.

Algert Global LLC raised its holdings in Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 1,338.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 86,986 shares of the company's stock after purchasing an additional 80,940 shares during the period. Algert Global LLC owned about 0.11% of Victoria's Secret & Co. worth $1,616,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. NBC Securities Inc. increased its holdings in shares of Victoria's Secret & Co. by 141,000.0% in the 1st quarter. NBC Securities Inc. now owns 2,822 shares of the company's stock valued at $52,000 after acquiring an additional 2,820 shares during the last quarter. Allworth Financial LP grew 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 buying an additional 2,669 shares during the last quarter. KBC Group NV grew 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 buying an additional 1,132 shares during the last quarter. CoreCap Advisors LLC grew 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 buying an additional 1,955 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale grew its position in shares of Victoria's Secret & Co. by 107.1% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 5,093 shares of the company's stock valued at $91,000 after buying an additional 2,634 shares during the last quarter. 90.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VSCO has been the subject of a number of recent research reports. Bank of America lowered their price objective on shares of Victoria's Secret & Co. from $20.00 to $18.00 and set an "underperform" rating for the company in a research report on Thursday, June 12th. Barclays reiterated an "overweight" rating and issued a $23.00 price objective (up from $22.00) on shares of Victoria's Secret & Co. in a report on Thursday, June 12th. Morgan Stanley reaffirmed a "positive" rating on shares of Victoria's Secret & Co. in a research note on Thursday, June 12th. JPMorgan Chase & Co. raised their target price on Victoria's Secret & Co. from $22.00 to $27.00 and gave the company a "neutral" rating in a research note on Monday, July 28th. Finally, The Goldman Sachs Group restated a "sell" rating and issued a $15.00 price target on shares of Victoria's Secret & Co. in a research report on Wednesday, June 4th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $24.73.

Victoria's Secret & Co. Stock Performance

Shares of VSCO traded down $0.39 on Monday, reaching $21.76. 1,756,283 shares of the stock traded hands, compared to its average volume of 3,420,536. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of 10.88, a P/E/G ratio of 1.22 and a beta of 2.17. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.16 and a quick ratio of 0.33. Victoria's Secret & Co. has a 12 month low of $13.76 and a 12 month high of $48.73. The stock's 50-day moving average price is $20.15 and its 200-day moving average price is $21.05.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last announced its quarterly earnings results on Wednesday, June 11th. The company reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. Victoria's Secret & Co. had a return on equity of 37.76% and a net margin of 2.69%.Victoria's Secret & Co.'s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.12 EPS. Victoria's Secret & Co. has set its Q2 2025 guidance at 0.000-0.150 EPS. FY 2025 guidance at EPS. Equities analysts forecast that Victoria's Secret & Co. will post 2.37 EPS for the current fiscal year.

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.