Landscape Capital Management L.L.C. Raises Holdings in Victoria's Secret & Co. $VSCO

Key Points

• Landscape Capital Management L.L.C. increased its stake in Victoria's Secret & Co. by 277.4%, owning a total of 188,788 shares worth approximately $3.51 million following the purchase of 138,763 shares.
• Several institutional investors, including Cramer Rosenthal Mcglynn LLC and Federated Hermes Inc., significantly raised their positions in Victoria's Secret, contributing to a 90.29% institutional ownership of the stock.
• The stock price of Victoria's Secret & Co. rose by 3.8% to $22.83, with analysts holding a consensus "Hold" rating and a target price of approximately $24.73.

Landscape Capital Management L.L.C. increased its position in shares of Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 277.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 188,788 shares of the company's stock after purchasing an additional 138,763 shares during the period. Landscape Capital Management L.L.C. owned approximately 0.24% of Victoria's Secret & Co. worth $3,508,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Point72 Hong Kong Ltd acquired a new position in shares of Victoria's Secret & Co. during the 4th quarter worth $37,693,000. Cramer Rosenthal Mcglynn LLC boosted its holdings 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 position in Victoria's Secret & Co. during the fourth quarter worth about $24,940,000. Victory Capital Management Inc. increased its holdings in Victoria's Secret & Co. by 54.2% in the first quarter. Victory Capital Management Inc. now owns 1,430,016 shares of the company's stock valued at $26,570,000 after buying an additional 502,622 shares in the last quarter. Finally, Federated Hermes Inc. increased its holdings in Victoria's Secret & Co. by 330.6% in the first quarter. Federated Hermes Inc. now owns 570,073 shares of the company's stock valued at $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.

Analyst Ratings Changes

Several equities research analysts have recently commented on VSCO shares. Bank of America boosted their price target on Victoria's Secret & Co. from $18.00 to $21.00 and gave the stock an "underperform" rating in a research note on Friday. The Goldman Sachs Group upped their target price on Victoria's Secret & Co. from $16.00 to $18.00 and gave the company a "sell" rating in a report on Friday. Barclays raised their price target on Victoria's Secret & Co. from $23.00 to $27.00 and gave the company an "overweight" rating in a research report on Friday. UBS Group boosted their price objective on shares of Victoria's Secret & Co. from $21.00 to $25.00 and gave the stock a "neutral" rating in a research report on Friday. Finally, Morgan Stanley restated a "positive" rating on shares of Victoria's Secret & Co. in a report on Thursday, June 12th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $25.45.

Victoria's Secret & Co. Trading Up 1.1%

NYSE VSCO traded up $0.26 during mid-day trading on Friday, reaching $22.93. 3,765,341 shares of the stock were exchanged, compared to its average volume of 3,324,159. The stock has a market capitalization of $1.83 billion, a PE ratio of 12.74, a PEG ratio of 1.27 and a beta of 2.17. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.33 and a current ratio of 1.16. Victoria's Secret & Co. has a 1-year low of $13.76 and a 1-year high of $48.73. The business's fifty day simple moving average is $20.55 and its 200 day simple moving average is $20.79.

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 analysts' consensus estimates of $0.13 by $0.20. The company had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.40 billion. Victoria's Secret & Co. had a return on equity of 35.37% and a net margin of 2.42%.The business's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter 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. On average, research analysts anticipate that Victoria's Secret & Co. will post 2.37 earnings per share for the current fiscal year.

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.