FORA Capital LLC Cuts Stake in Victoria's Secret & Co. $VSCO

Key Points

• FORA Capital LLC reduced its stake in Victoria's Secret & Co. by 48.0%, selling 21,032 shares and retaining 22,789 shares worth $423,000 as of the latest SEC filing.
• Institutional investors own 90.29% of Victoria's Secret & Co., with notable increases in positions from firms like GAMMA Investing LLC and Victory Capital Management Inc., which raised their stakes significantly in the first quarter.
• Victoria's Secret & Co. reported a earnings per share (EPS) of $0.33 for the quarter, surpassing analyst estimates, with a revenue of $1.46 billion, reflecting a 2.9% year-over-year increase.

FORA Capital LLC lessened its holdings in Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 48.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,789 shares of the company's stock after selling 21,032 shares during the quarter. FORA Capital LLC's holdings in Victoria's Secret & Co. were worth $423,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Virtus Advisers LLC acquired a new stake in Victoria's Secret & Co. during the 1st quarter valued at approximately $30,000. NBC Securities Inc. increased its position in 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 period. Allworth Financial LP increased its position in 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 period. KBC Group NV increased its position in 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 period. Finally, 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 worth $85,000 after buying an additional 1,955 shares during the period. Institutional investors own 90.29% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Wells Fargo & Company lifted their price target 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. Zacks Research upgraded Victoria's Secret & Co. to a "hold" rating in a research note on Monday, August 11th. Jefferies Financial Group lowered their target price on Victoria's Secret & Co. from $28.00 to $26.00 and set a "buy" rating on the stock in a research note on Friday. JPMorgan Chase & Co. lifted 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. Finally, Bank of America lifted their price objective on Victoria's Secret & Co. from $18.00 to $21.00 and gave the stock an "underperform" rating in a report on Friday. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $25.45.

Victoria's Secret & Co. Stock Up 1.1%

VSCO stock traded up $0.26 during midday trading on Friday, hitting $22.93. The stock had a trading volume of 3,765,341 shares, compared to its average volume of 3,325,734. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 12.74, a price-to-earnings-growth ratio of 1.26 and a beta of 2.19. The business has a 50-day moving average of $20.55 and a two-hundred day moving average of $20.70. Victoria's Secret & Co. has a 52-week low of $13.76 and a 52-week high of $48.73. 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. (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. The company had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $1.40 billion. Victoria's Secret & Co. had a return on equity of 35.37% and a net margin of 2.42%.The firm's revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.40 earnings per share. 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 forecast that Victoria's Secret & Co. will post 2.37 earnings per share 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.