Illinois Municipal Retirement Fund Boosts Stock Position in Victoria's Secret & Co. (NYSE:VSCO)

Illinois Municipal Retirement Fund raised its stake in shares of Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 78.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 61,395 shares of the company's stock after buying an additional 27,029 shares during the quarter. Illinois Municipal Retirement Fund owned about 0.08% of Victoria's Secret & Co. worth $1,141,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of VSCO. New York State Common Retirement Fund boosted its holdings in shares of Victoria's Secret & Co. by 4.4% during the fourth quarter. New York State Common Retirement Fund now owns 26,478 shares of the company's stock worth $1,097,000 after purchasing an additional 1,117 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Victoria's Secret & Co. by 326.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,197 shares of the company's stock worth $92,000 after purchasing an additional 1,682 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Victoria's Secret & Co. by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,631,150 shares of the company's stock worth $67,562,000 after purchasing an additional 22,684 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Victoria's Secret & Co. during the fourth quarter worth $7,373,000. Finally, Amundi boosted its holdings in shares of Victoria's Secret & Co. by 61.0% during the fourth quarter. Amundi now owns 5,549 shares of the company's stock worth $214,000 after purchasing an additional 2,103 shares during the last quarter. Institutional investors and hedge funds own 90.29% of the company's stock.

Victoria's Secret & Co. Stock Up 0.8%

NYSE:VSCO traded up $0.17 during mid-day trading on Friday, hitting $20.57. The company had a trading volume of 2,706,663 shares, compared to its average volume of 2,977,295. The business has a fifty day simple moving average of $20.47 and a 200-day simple moving average of $25.56. 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 1 year low of $13.76 and a 1 year high of $48.73. The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 10.29, a PEG ratio of 1.13 and a beta of 2.18.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last released its quarterly earnings data on Wednesday, June 11th. The company reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09. Victoria's Secret & Co. had a return on equity of 37.76% and a net margin of 2.69%. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the company posted $0.12 earnings per share. The firm's revenue was down .5% compared to the same quarter last year. Equities analysts forecast that Victoria's Secret & Co. will post 2.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on VSCO. Barclays restated an "overweight" rating and set a $23.00 price objective (up previously from $22.00) on shares of Victoria's Secret & Co. in a report on Thursday, June 12th. Wells Fargo & Company restated an "underweight" rating and set a $15.00 price objective (up previously from $12.00) on shares of Victoria's Secret & Co. in a report on Wednesday, May 14th. The Goldman Sachs Group reaffirmed a "sell" rating and issued a $15.00 target price on shares of Victoria's Secret & Co. in a research report on Wednesday, June 4th. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $24.00 target price on shares of Victoria's Secret & Co. in a research report on Wednesday, June 11th. Finally, Cowen reaffirmed a "hold" rating on shares of Victoria's Secret & Co. in a research report on Friday, March 7th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $24.64.

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.