Peregrine Capital Management LLC Has $4.15 Million Stock Position in Victoria's Secret & Co. (NYSE:VSCO)

Peregrine Capital Management LLC grew its position in Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 30.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 223,581 shares of the company's stock after acquiring an additional 52,618 shares during the period. Peregrine Capital Management LLC owned 0.28% of Victoria's Secret & Co. worth $4,154,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of VSCO. New York State Teachers Retirement System increased its stake in shares of Victoria's Secret & Co. by 12.4% in the first quarter. New York State Teachers Retirement System now owns 98,160 shares of the company's stock valued at $1,824,000 after buying an additional 10,822 shares during the period. KBC Group NV increased its position 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 acquiring an additional 1,132 shares during the period. Illinois Municipal Retirement Fund raised its stake in shares of Victoria's Secret & Co. by 78.7% during the first quarter. Illinois Municipal Retirement Fund now owns 61,395 shares of the company's stock valued at $1,141,000 after acquiring an additional 27,029 shares during the last quarter. Oppenheimer Asset Management Inc. raised its stake in shares of Victoria's Secret & Co. by 290.1% during the first quarter. Oppenheimer Asset Management Inc. now owns 23,571 shares of the company's stock valued at $438,000 after acquiring an additional 17,529 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Victoria's Secret & Co. during the first quarter worth $731,000. 90.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

VSCO has been the subject of a number of recent research reports. Telsey Advisory Group restated a "market perform" rating and issued a $24.00 price objective on shares of Victoria's Secret & Co. in a report on Wednesday, June 11th. Wells Fargo & Company reiterated an "underweight" rating and issued a $15.00 price target (up previously from $12.00) on shares of Victoria's Secret & Co. in a research report on Wednesday, May 14th. BMO Capital Markets lowered their price objective on Victoria's Secret & Co. from $46.00 to $31.00 and set an "outperform" rating for the company in a research report on Thursday, March 6th. JPMorgan Chase & Co. lifted their price objective on Victoria's Secret & Co. from $17.00 to $22.00 and gave the stock a "neutral" rating in a research note on Monday, May 19th. Finally, Barclays reissued an "overweight" rating and set a $23.00 target price (up previously from $22.00) on shares of Victoria's Secret & Co. in a research report on Thursday, June 12th. Three research 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 currently has an average rating of "Hold" and an average target price of $24.64.

Victoria's Secret & Co. Trading Up 0.8%

VSCO stock traded up $0.17 during mid-day trading on Thursday, reaching $20.57. The company's stock had a trading volume of 2,706,663 shares, compared to its average volume of 2,977,906. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 10.29, a price-to-earnings-growth ratio of 1.12 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. 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 business's 50 day moving average price is $20.43 and its 200 day moving average price is $25.85.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last released its earnings results on Wednesday, June 11th. The company reported $0.09 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.09. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. Victoria's Secret & Co. had a net margin of 2.69% and a return on equity of 37.76%. Victoria's Secret & Co.'s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.12 EPS. On average, equities research analysts predict that Victoria's Secret & Co. will post 2.37 EPS for the current year.

Victoria's Secret & Co. 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.