43,747 Shares in Victoria's Secret & Co. $VSCO Acquired by Bayforest Capital Ltd

Key Points

• Bayforest Capital Ltd acquired 43,747 shares of Victoria's Secret & Co. valued at approximately $813,000, representing about 0.06% of the company's total stock.
• Victoria's Secret & Co. reported a net margin of 2.42% and revenue of $1.46 billion for the quarter, exceeding analysts' expectations.
• Analysts' consensus rating for Victoria's Secret & Co. is currently a "Hold", with an average price target set at $25.45.

Bayforest Capital Ltd acquired a new position in Victoria's Secret & Co. (NYSE:VSCO - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 43,747 shares of the company's stock, valued at approximately $813,000. Bayforest Capital Ltd owned 0.06% of Victoria's Secret & Co. at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Millennium Management LLC boosted its holdings in shares of Victoria's Secret & Co. by 9,595.8% in the 1st quarter. Millennium Management LLC now owns 1,419,080 shares of the company's stock valued at $26,367,000 after buying an additional 1,404,444 shares in the last quarter. Point72 Hong Kong Ltd bought a new stake in shares of Victoria's Secret & Co. in the 4th quarter valued at about $37,693,000. Cramer Rosenthal Mcglynn LLC boosted its holdings in shares of Victoria's Secret & Co. by 163.0% in the 1st quarter. Cramer Rosenthal Mcglynn LLC now owns 1,406,865 shares of the company's stock valued at $26,140,000 after buying an additional 871,968 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Victoria's Secret & Co. in the 4th quarter valued at about $24,940,000. Finally, Victory Capital Management Inc. boosted its holdings in shares of Victoria's Secret & Co. by 54.2% in the 1st quarter. Victory Capital Management Inc. now owns 1,430,016 shares of the company's stock valued at $26,570,000 after buying an additional 502,622 shares in the last quarter. 90.29% of the stock is owned by hedge funds and other institutional investors.

Victoria's Secret & Co. Stock Performance

Shares of VSCO stock traded down $0.54 during mid-day trading on Friday, reaching $26.48. The stock had a trading volume of 2,818,418 shares, compared to its average volume of 3,459,583. The business's fifty day moving average is $21.54 and its 200-day moving average is $20.50. 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 firm has a market cap of $2.12 billion, a price-to-earnings ratio of 14.71, a PEG ratio of 1.40 and a beta of 2.20. Victoria's Secret & Co. has a 1-year low of $13.76 and a 1-year high of $48.73.

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

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on Victoria's Secret & Co. from $22.00 to $27.00 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Morgan Stanley boosted their price target on Victoria's Secret & Co. from $20.00 to $27.00 and gave the stock an "equal weight" rating in a research note on Friday. Jefferies Financial Group cut their price objective on shares of Victoria's Secret & Co. from $28.00 to $26.00 and set a "buy" rating on the stock in a report on Friday, August 29th. UBS Group lifted their target price on shares of Victoria's Secret & Co. from $21.00 to $25.00 and gave the stock a "neutral" rating in a research note on Friday, August 29th. Finally, Wall Street Zen raised shares of Victoria's Secret & Co. from a "sell" rating to a "hold" rating in a research report on Friday, August 22nd. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $26.18.

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.