Russell Investments Group Ltd. Has $3.43 Million Position in Victoria's Secret & Co. $VSCO

Key Points

• Russell Investments Group Ltd. increased its stake in Victoria's Secret & Co. by 16.2% in Q1, acquiring a total of 184,835 shares valued at approximately $3.43 million.
• Several institutional investors made significant changes to their positions, with CoreCap Advisors LLC raising its holdings by 1,898.1% and others like NBC Securities Inc. increasing holdings by 141,000.0%.
• Analysts have mixed ratings for the stock, with a consensus of "Hold" and an average target price of $24.73, while Bank of America set a target price of $18.00 with an "underperform" rating.

Russell Investments Group Ltd. lifted its stake in Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 16.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 184,835 shares of the company's stock after acquiring an additional 25,757 shares during the period. Russell Investments Group Ltd. owned 0.24% of Victoria's Secret & Co. worth $3,434,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. NBC Securities Inc. grew its holdings in Victoria's Secret & Co. by 141,000.0% during the first 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 last quarter. Allworth Financial LP grew its stake in Victoria's Secret & Co. by 677.4% in the 1st 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 during the last quarter. KBC Group NV grew its stake in Victoria's Secret & Co. by 40.8% in the 1st 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 during the last quarter. CoreCap Advisors LLC raised its holdings in Victoria's Secret & Co. by 1,898.1% in the 4th quarter. CoreCap Advisors LLC now owns 2,058 shares of the company's stock worth $85,000 after acquiring an additional 1,955 shares during the period. Finally, DekaBank Deutsche Girozentrale raised its holdings in Victoria's Secret & Co. by 107.1% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 5,093 shares of the company's stock worth $91,000 after acquiring an additional 2,634 shares during the period. 90.29% of the stock is currently owned by institutional investors and hedge funds.

Victoria's Secret & Co. Stock Performance

Shares of NYSE:VSCO traded up $0.84 on Wednesday, hitting $22.83. 5,291,502 shares of the company were exchanged, compared to its average volume of 3,430,452. The company's 50 day moving average price is $20.29 and its two-hundred day moving average price is $20.99. Victoria's Secret & Co. has a one year low of $13.76 and a one year high of $48.73. 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 firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of 11.42, a PEG ratio of 1.20 and a beta of 2.17.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last posted its quarterly earnings data on Wednesday, June 11th. The company reported $0.09 earnings per share (EPS) for the quarter, hitting 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 company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the firm posted $0.12 EPS. The business's revenue was down .5% compared to the same quarter last year. Victoria's Secret & Co. has set its Q2 2025 guidance at 0.000-0.150 EPS. FY 2025 guidance at EPS. Research analysts expect that Victoria's Secret & Co. will post 2.37 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on VSCO shares. Jefferies Financial Group dropped their target price on shares of Victoria's Secret & Co. from $42.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, May 21st. The Goldman Sachs Group reiterated a "sell" rating and issued a $15.00 target price on shares of Victoria's Secret & Co. in a report on Wednesday, June 4th. Wells Fargo & Company dropped their target price on shares of Victoria's Secret & Co. from $15.00 to $14.00 and set an "underweight" rating on the stock in a report on Monday, August 4th. Zacks Research upgraded shares of Victoria's Secret & Co. to a "hold" rating in a report on Monday, August 11th. Finally, Wall Street Zen upgraded shares of Victoria's Secret & Co. from a "sell" rating to a "hold" rating in a report on Friday, August 22nd. 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $24.73.

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.