Brant Point Investment Management LLC Has $1.65 Million Stock Holdings in Victoria's Secret & Co. $VSCO

Key Points

• Brant Point Investment Management LLC significantly reduced its stake in Victoria's Secret & Co. by 42.6%, selling 66,105 shares and retaining 88,895 shares worth approximately $1.65 million.
• Despite the stake reduction, the stock of Victoria's Secret & Co. rose by 3.8%, opening at $22.83 and presenting a market cap of $1.82 billion.
• Analysts have mixed views on the company, with price targets varying from as low as $14.00 to as high as $35.00, leading to an average rating of "Hold" with an average price target of $24.73.

Brant Point Investment Management LLC decreased its stake in Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 42.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 88,895 shares of the company's stock after selling 66,105 shares during the period. Brant Point Investment Management LLC owned approximately 0.11% of Victoria's Secret & Co. worth $1,652,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Point72 Hong Kong Ltd acquired a new stake in Victoria's Secret & Co. during the fourth quarter worth $37,693,000. Cramer Rosenthal Mcglynn LLC boosted its stake in Victoria's Secret & Co. by 163.0% during the first quarter. Cramer Rosenthal Mcglynn LLC now owns 1,406,865 shares of the company's stock worth $26,140,000 after buying an additional 871,968 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in Victoria's Secret & Co. during the fourth quarter worth $24,940,000. Victory Capital Management Inc. boosted its stake in Victoria's Secret & Co. by 54.2% during the first quarter. Victory Capital Management Inc. now owns 1,430,016 shares of the company's stock worth $26,570,000 after buying an additional 502,622 shares in the last quarter. Finally, Federated Hermes Inc. boosted its stake in Victoria's Secret & Co. by 330.6% during the first quarter. Federated Hermes Inc. now owns 570,073 shares of the company's stock worth $10,592,000 after buying an additional 437,688 shares in the last quarter. Institutional investors and hedge funds own 90.29% of the company's stock.

Victoria's Secret & Co. Price Performance

Shares of Victoria's Secret & Co. stock traded up $0.26 during trading on Friday, reaching $22.93. The company's stock had a trading volume of 3,765,341 shares, compared to its average volume of 3,324,159. The stock has a 50-day moving average price of $20.55 and a two-hundred day moving average price of $20.79. The company has a current ratio of 1.16, a quick ratio of 0.33 and a debt-to-equity ratio of 1.60. Victoria's Secret & Co. has a one year low of $13.76 and a one year high of $48.73. The stock has a market capitalization of $1.83 billion, a P/E ratio of 12.74, a price-to-earnings-growth ratio of 1.27 and a beta of 2.17.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last released its earnings results on Thursday, August 28th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.20. The company had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.40 billion. Victoria's Secret & Co. had a net margin of 2.42% and a return on equity of 35.37%. The company's revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.40 EPS. Victoria's Secret & Co. has set its Q3 2025 guidance at -0.75--0.550 EPS. FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that Victoria's Secret & Co. will post 2.37 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Zacks Research upgraded shares of Victoria's Secret & Co. to a "hold" rating in a research note on Monday, August 11th. Barclays lifted their price target on shares of Victoria's Secret & Co. from $23.00 to $27.00 and gave the stock an "overweight" rating in a research note on Friday. The Goldman Sachs Group lifted their price objective on Victoria's Secret & Co. from $16.00 to $18.00 and gave the company a "sell" rating in a report on Friday. Bank of America boosted their target price on shares of Victoria's Secret & Co. from $18.00 to $21.00 and gave the company an "underperform" rating in a research note on Friday. Finally, UBS Group boosted their target price on shares of Victoria's Secret & Co. from $21.00 to $25.00 and gave the company a "neutral" rating in a research note on Friday. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $25.45.

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.