Victoria’s Secret & Co. $VSCO Position Boosted by Marshall Wace LLP

Marshall Wace LLP raised its holdings in shares of Victoria’s Secret & Co. (NYSE:VSCO) by 2,729.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 923,823 shares of the company’s stock after acquiring an additional 891,175 shares during the period. Marshall Wace LLP’s holdings in Victoria’s Secret & Co. were worth $17,109,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Maryland State Retirement & Pension System increased its holdings in shares of Victoria’s Secret & Co. by 2.9% during the second quarter. Maryland State Retirement & Pension System now owns 23,463 shares of the company’s stock valued at $435,000 after purchasing an additional 671 shares during the period. SummerHaven Investment Management LLC grew its position in Victoria’s Secret & Co. by 2.0% in the 2nd quarter. SummerHaven Investment Management LLC now owns 43,043 shares of the company’s stock valued at $797,000 after buying an additional 845 shares in the last quarter. Savvy Advisors Inc. grew its position in Victoria’s Secret & Co. by 9.9% in the 2nd quarter. Savvy Advisors Inc. now owns 11,549 shares of the company’s stock valued at $214,000 after buying an additional 1,039 shares in the last quarter. Franklin Resources Inc. increased its stake in Victoria’s Secret & Co. by 1.3% during the 2nd quarter. Franklin Resources Inc. now owns 88,005 shares of the company’s stock valued at $1,630,000 after buying an additional 1,131 shares during the period. Finally, Fox Run Management L.L.C. raised its position in shares of Victoria’s Secret & Co. by 14.3% during the 1st quarter. Fox Run Management L.L.C. now owns 10,760 shares of the company’s stock worth $200,000 after buying an additional 1,348 shares in the last quarter. Institutional investors own 90.29% of the company’s stock.

Victoria’s Secret & Co. Trading Up 3.5%

Victoria’s Secret & Co. stock opened at $52.45 on Wednesday. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.36 and a current ratio of 1.30. The firm has a market cap of $4.20 billion, a price-to-earnings ratio of 25.58, a price-to-earnings-growth ratio of 2.19 and a beta of 2.24. Victoria’s Secret & Co. has a 1 year low of $13.76 and a 1 year high of $52.94. The firm’s 50 day moving average price is $35.35 and its two-hundred day moving average price is $26.56.

Victoria’s Secret & Co. (NYSE:VSCO) last announced its quarterly earnings data on Friday, December 5th. The company reported ($0.27) EPS for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.33. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.41 billion. Victoria’s Secret & Co. had a return on equity of 33.47% and a net margin of 2.67%.The company’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.50) EPS. Victoria’s Secret & Co. has set its FY 2025 guidance at 2.400-2.650 EPS and its Q4 2025 guidance at 2.200-2.45 EPS. On average, research analysts predict that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on VSCO shares. JPMorgan Chase & Co. upgraded shares of Victoria’s Secret & Co. from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $34.00 to $60.00 in a report on Friday, December 5th. Wells Fargo & Company upped their target price on Victoria’s Secret & Co. from $14.00 to $17.00 and gave the stock an “underweight” rating in a research report on Friday, August 29th. Morgan Stanley upgraded Victoria’s Secret & Co. from an “equal weight” rating to an “overweight” rating and set a $60.00 price target on the stock in a research report on Friday, December 5th. Bank of America raised Victoria’s Secret & Co. from an “underperform” rating to a “neutral” rating and set a $52.00 price objective on the stock in a research note on Monday. Finally, Jefferies Financial Group cut their price objective on Victoria’s Secret & Co. from $28.00 to $26.00 and set a “buy” rating for the company in a report on Friday, August 29th. Six analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $45.00.

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.