Victoria's Secret & Co. $VSCO Shares Acquired by Cramer Rosenthal Mcglynn LLC

Key Points

• Cramer Rosenthal Mcglynn LLC increased its stake in Victoria's Secret & Co. by 163%, acquiring a total of 1,406,865 shares, making it the 16th largest position in its investment portfolio.
• Wall Street analysts have mixed ratings for Victoria's Secret & Co., with price targets ranging from $14.00 to $24.73, and a consensus rating of "Hold."
• Victoria's Secret & Co. has reported a quarterly revenue of $1.35 billion, slightly above analysts' expectations, but its year-over-year revenue declined by 0.5%.

Cramer Rosenthal Mcglynn LLC grew its holdings in Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 163.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,406,865 shares of the company's stock after purchasing an additional 871,968 shares during the period. Victoria's Secret & Co. makes up 1.9% of Cramer Rosenthal Mcglynn LLC's investment portfolio, making the stock its 16th largest position. Cramer Rosenthal Mcglynn LLC owned 1.79% of Victoria's Secret & Co. worth $26,140,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of VSCO. Virtus Advisers LLC purchased a new stake in shares of Victoria's Secret & Co. in the 1st quarter valued at $30,000. CoreCap Advisors LLC raised its holdings in shares of 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 valued at $85,000 after buying an additional 1,955 shares during the period. Canada Pension Plan Investment Board raised its holdings in shares of Victoria's Secret & Co. by 47.1% in the 4th quarter. Canada Pension Plan Investment Board now owns 2,500 shares of the company's stock valued at $104,000 after buying an additional 800 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in Victoria's Secret & Co. during the 4th quarter worth about $112,000. Finally, NBC Securities Inc. increased its holdings in Victoria's Secret & Co. by 141,000.0% during the 1st quarter. NBC Securities Inc. now owns 2,822 shares of the company's stock worth $52,000 after purchasing an additional 2,820 shares during the period. Institutional investors and hedge funds own 90.29% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on VSCO shares. Barclays restated an "overweight" rating and set a $23.00 price target (up previously from $22.00) on shares of Victoria's Secret & Co. in a report on Thursday, June 12th. The Goldman Sachs Group restated a "sell" rating and set a $15.00 price target on shares of Victoria's Secret & Co. in a report on Wednesday, June 4th. Bank of America cut their price target on Victoria's Secret & Co. from $20.00 to $18.00 and set an "underperform" rating on the stock in a report on Thursday, June 12th. Wells Fargo & Company cut their price target on 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. Finally, Zacks Research upgraded Victoria's Secret & Co. to a "hold" rating in a report on Monday, August 11th. Four investment 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's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $24.73.

Victoria's Secret & Co. Trading Up 3.6%

VSCO opened at $22.1140 on Monday. Victoria's Secret & Co. has a one year low of $13.76 and a one year high of $48.73. The company has a market cap of $1.77 billion, a P/E ratio of 11.06, a PEG ratio of 1.22 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. The business's 50-day simple moving average is $20.15 and its 200-day simple moving average is $21.05.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last released its quarterly earnings data on Wednesday, June 11th. The company reported $0.09 EPS for the quarter, meeting analysts' consensus estimates of $0.09. The business had revenue of $1.35 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior 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 expect that Victoria's Secret & Co. will post 2.37 EPS 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.

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