Victoria's Secret & Co. (NYSE:VSCO) Stock Holdings Lifted by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund increased its stake in shares of Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 78.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,395 shares of the company's stock after purchasing an additional 27,029 shares during the period. Illinois Municipal Retirement Fund owned 0.08% of Victoria's Secret & Co. worth $1,141,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Oppenheimer Asset Management Inc. boosted its stake in shares of Victoria's Secret & Co. by 290.1% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 23,571 shares of the company's stock worth $438,000 after purchasing an additional 17,529 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Victoria's Secret & Co. during the first quarter worth approximately $731,000. NBC Securities Inc. grew its stake in Victoria's Secret & Co. by 141,000.0% in the 1st quarter. NBC Securities Inc. now owns 2,822 shares of the company's stock worth $52,000 after acquiring an additional 2,820 shares during the period. GAMMA Investing LLC grew its stake in Victoria's Secret & Co. by 1,209.6% in the 1st quarter. GAMMA Investing LLC now owns 45,651 shares of the company's stock worth $848,000 after acquiring an additional 42,165 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new position in Victoria's Secret & Co. in the 4th quarter valued at $112,000. Hedge funds and other institutional investors own 90.29% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on VSCO shares. UBS Group set a $24.00 price target on shares of Victoria's Secret & Co. and gave the stock a "neutral" rating in a research note on Friday, May 23rd. JPMorgan Chase & Co. boosted their price target on Victoria's Secret & Co. from $17.00 to $22.00 and gave the company a "neutral" rating in a research report on Monday, May 19th. Bank of America dropped their price target on Victoria's Secret & Co. from $20.00 to $18.00 and set an "underperform" rating for the company in a research note on Thursday, June 12th. BMO Capital Markets cut their price objective on Victoria's Secret & Co. from $46.00 to $31.00 and set an "outperform" rating on the stock in a report on Thursday, March 6th. Finally, Barclays reaffirmed an "overweight" rating and set a $23.00 price target (up from $22.00) on shares of Victoria's Secret & Co. in a research report on Thursday, June 12th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $24.64.

Victoria's Secret & Co. Stock Performance

Shares of VSCO traded up $0.50 during mid-day trading on Thursday, reaching $20.90. 986,970 shares of the company's stock traded hands, compared to its average volume of 2,966,702. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.33 and a current ratio of 1.16. The business's 50-day moving average price is $20.39 and its 200-day moving average price is $26.03. The stock has a market capitalization of $1.67 billion, a P/E ratio of 10.42, a price-to-earnings-growth ratio of 1.07 and a beta of 2.18. Victoria's Secret & Co. has a 12 month low of $13.76 and a 12 month high of $48.73.

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

Victoria's Secret & Co. Company 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.