Vanguard Group Inc. Buys 38,695 Shares of Victoria's Secret & Co. $VSCO

Key Points

• Vanguard Group Inc. increased its ownership of Victoria's Secret & Co. by 0.4% in the first quarter, acquiring an additional 38,695 shares, and now holds 11.40% of the company valued at approximately $166.6 million.
• Several institutional investors have also significantly increased or acquired stakes in Victoria's Secret, leading to institutional ownership now constituting 90.29% of the company.
• Analyst ratings for Victoria's Secret show a consensus rating of "Hold" with a price target of $25.00, while firm JPMorgan Chase raised their price objective from $22.00 to $27.00, indicating mixed market sentiment.

Vanguard Group Inc. raised its stake in Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 0.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,966,584 shares of the company's stock after purchasing an additional 38,695 shares during the period. Vanguard Group Inc. owned 11.40% of Victoria's Secret & Co. worth $166,599,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Blueshift Asset Management LLC bought a new stake in Victoria's Secret & Co. in the first quarter valued at $230,000. US Bancorp DE increased its stake in Victoria's Secret & Co. by 335.8% in the first quarter. US Bancorp DE now owns 11,409 shares of the company's stock valued at $212,000 after purchasing an additional 8,791 shares in the last quarter. Bayforest Capital Ltd bought a new stake in Victoria's Secret & Co. in the first quarter valued at $813,000. Federated Hermes Inc. increased its stake 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 purchasing an additional 437,688 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Victoria's Secret & Co. by 6.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,364 shares of the company's stock valued at $378,000 after purchasing an additional 1,307 shares in the last quarter. 90.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on VSCO. Zacks Research raised shares of Victoria's Secret & Co. to a "hold" rating in a research note on Monday, August 11th. Jefferies Financial Group dropped their price objective on shares of Victoria's Secret & Co. from $42.00 to $35.00 and set a "buy" rating on the stock in a research note on Wednesday, May 21st. Wall Street Zen cut shares of Victoria's Secret & Co. from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. JPMorgan Chase & Co. lifted their price objective on shares of Victoria's Secret & Co. from $22.00 to $27.00 and gave the company a "neutral" rating in a report on Monday, July 28th. Finally, The Goldman Sachs Group reiterated a "sell" rating and set a $15.00 price objective on shares of Victoria's Secret & Co. in a report on Wednesday, June 4th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $25.00.

Victoria's Secret & Co. Stock Performance

NYSE VSCO opened at $22.0250 on Thursday. Victoria's Secret & Co. has a 1 year low of $13.76 and a 1 year high of $48.73. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.16 and a quick ratio of 0.33. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 1.22 and a beta of 2.17. The company has a fifty day moving average price of $20.05 and a 200-day moving average price of $21.41.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last released its earnings results on Wednesday, June 11th. The company reported $0.09 EPS for the quarter, hitting analysts' consensus estimates of $0.09. The company had revenue of $1.35 billion for 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 business's revenue for the quarter was down .5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.12 EPS. Victoria's Secret & Co. has set its Q2 2025 guidance at 0.000-0.150 EPS. FY 2025 guidance at EPS. As a group, equities research analysts predict that Victoria's Secret & Co. will post 2.37 EPS for the current fiscal 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.

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