Public Sector Pension Investment Board Has $4.63 Million Stake in Victoria's Secret & Co. $VSCO

Public Sector Pension Investment Board grew its holdings in shares of Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 27.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 249,343 shares of the company's stock after purchasing an additional 53,225 shares during the period. Public Sector Pension Investment Board owned about 0.32% of Victoria's Secret & Co. worth $4,633,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. NBC Securities Inc. raised its position in shares of Victoria's Secret & Co. by 141,000.0% in 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 in the last quarter. Allworth Financial LP raised its position in shares of Victoria's Secret & Co. by 677.4% in 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 in the last quarter. KBC Group NV raised its position in shares of Victoria's Secret & Co. by 40.8% in 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 in the last quarter. CoreCap Advisors LLC raised its position in shares of Victoria's Secret & Co. by 1,898.1% in the fourth quarter. CoreCap Advisors LLC now owns 2,058 shares of the company's stock valued at $85,000 after buying an additional 1,955 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale raised its position in shares of Victoria's Secret & Co. by 107.1% in the first quarter. DekaBank Deutsche Girozentrale now owns 5,093 shares of the company's stock valued at $91,000 after buying an additional 2,634 shares in the last quarter. 90.29% of the stock is currently owned by institutional investors and hedge funds.

Victoria's Secret & Co. Price Performance

Victoria's Secret & Co. stock traded down $0.3550 during mid-day trading on Wednesday, reaching $22.0250. The company had a trading volume of 1,871,876 shares, compared to its average volume of 3,442,000. Victoria's Secret & Co. has a fifty-two week low of $13.76 and a fifty-two week high of $48.73. The company has a current ratio of 1.16, a quick ratio of 0.33 and a debt-to-equity ratio of 1.60. The company has a market cap of $1.76 billion, a P/E ratio of 11.01, a P/E/G ratio of 1.24 and a beta of 2.17. The business has a fifty day simple moving average of $20.03 and a 200 day simple moving average of $21.40.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last announced its quarterly earnings results on Wednesday, June 11th. The company reported $0.09 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.09. Victoria's Secret & Co. had a net margin of 2.69% and a return on equity of 37.76%. The firm had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.32 billion. During the same period in the prior year, the company posted $0.12 EPS. The company's revenue was down .5% on a year-over-year basis. Victoria's Secret & Co. has set its Q2 2025 guidance at 0.000-0.150 EPS. FY 2025 guidance at EPS. On average, equities research analysts predict that Victoria's Secret & Co. will post 2.37 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on VSCO shares. Wells Fargo & Company dropped their price target on shares of Victoria's Secret & Co. from $15.00 to $14.00 and set an "underweight" rating for the company in a research report on Monday, August 4th. Bank of America dropped their target price on shares of Victoria's Secret & Co. from $20.00 to $18.00 and set an "underperform" rating for the company in a research report on Thursday, June 12th. Telsey Advisory Group restated 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. JPMorgan Chase & Co. boosted their target price on shares of Victoria's Secret & Co. from $22.00 to $27.00 and gave the company a "neutral" rating in a research report on Monday, July 28th. Finally, Zacks Research upgraded shares of Victoria's Secret & Co. to a "hold" rating in a research report on Monday, August 11th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Victoria's Secret & Co. presently has a consensus rating of "Hold" and a consensus price target of $25.00.

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.