FengHe Fund Management Pte. Ltd. Makes New Investment in Victoria's Secret & Co. $VSCO

Key Points

• FengHe Fund Management has invested approximately $978,000 in Victoria's Secret & Co. by acquiring 52,800 shares, making it the fund's 22nd largest holding.
• Several large investors have recently increased their stakes in Victoria's Secret & Co., with institutional ownership now at 90.29%.
• Analysts have issued mixed ratings on the stock, with a consensus price target of $26.73, reflecting a combination of Buy, Hold, and Sell ratings.

FengHe Fund Management Pte. Ltd. acquired a new position in Victoria's Secret & Co. (NYSE:VSCO - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 52,800 shares of the company's stock, valued at approximately $978,000. Victoria's Secret & Co. accounts for approximately 0.2% of FengHe Fund Management Pte. Ltd.'s portfolio, making the stock its 22nd largest holding. FengHe Fund Management Pte. Ltd. owned about 0.07% of Victoria's Secret & Co. at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Virtus Advisers LLC bought a new stake in shares of Victoria's Secret & Co. during the 1st quarter valued at about $30,000. Public Employees Retirement System of Ohio bought a new stake in shares of Victoria's Secret & Co. during the 4th quarter valued at about $112,000. NBC Securities Inc. grew its position in Victoria's Secret & Co. by 141,000.0% during the first quarter. NBC Securities Inc. now owns 2,822 shares of the company's stock valued at $52,000 after buying an additional 2,820 shares during the period. Allworth Financial LP grew its position in Victoria's Secret & Co. by 677.4% during the first 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 period. Finally, KBC Group NV grew its position in Victoria's Secret & Co. by 40.8% during the first 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 period. Institutional investors own 90.29% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on VSCO shares. Wells Fargo & Company boosted their price objective on shares of Victoria's Secret & Co. from $14.00 to $17.00 and gave the company an "underweight" rating in a research report on Friday, August 29th. UBS Group boosted their price target on Victoria's Secret & Co. from $21.00 to $25.00 and gave the company a "neutral" rating in a report on Friday, August 29th. Zacks Research upgraded Victoria's Secret & Co. to a "hold" rating in a research note on Monday, August 11th. Bank of America boosted their price objective on Victoria's Secret & Co. from $18.00 to $21.00 and gave the company an "underperform" rating in a research note on Friday, August 29th. Finally, JPMorgan Chase & Co. boosted their price objective on Victoria's Secret & Co. from $27.00 to $28.00 and gave the company a "neutral" rating in a research note on Monday, September 15th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus price target of $26.73.

Victoria's Secret & Co. Stock Performance

NYSE VSCO opened at $29.35 on Thursday. Victoria's Secret & Co. has a twelve month low of $13.76 and a twelve month high of $48.73. The company has a quick ratio of 0.36, a current ratio of 1.14 and a debt-to-equity ratio of 1.48. The firm has a market cap of $2.35 billion, a price-to-earnings ratio of 16.30, a price-to-earnings-growth ratio of 1.47 and a beta of 2.22. The business has a 50-day moving average price of $23.50 and a 200-day moving average price of $20.96.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last posted 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 return on equity of 33.77% and a net margin of 2.42%.The business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the prior year, the company posted $0.40 EPS. 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. As a group, equities research analysts predict that Victoria's Secret & Co. will post 2.37 EPS for the current fiscal year.

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.

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