Cwm LLC Buys 5,374 Shares of Victoria’s Secret & Co. (NYSE:VSCO)

Cwm LLC grew its stake in Victoria’s Secret & Co. (NYSE:VSCO – Get Rating) by 1,085.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,869 shares of the company’s stock after acquiring an additional 5,374 shares during the period. Cwm LLC’s holdings in Victoria’s Secret & Co. were worth $171,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Parkside Financial Bank & Trust raised its stake in shares of Victoria’s Secret & Co. by 774.0% in the first quarter. Parkside Financial Bank & Trust now owns 638 shares of the company’s stock worth $33,000 after acquiring an additional 565 shares during the last quarter. Venture Visionary Partners LLC bought a new stake in shares of Victoria’s Secret & Co. during the second quarter worth approximately $30,000. Captrust Financial Advisors raised its stake in shares of Victoria’s Secret & Co. by 85.3% during the first quarter. Captrust Financial Advisors now owns 1,232 shares of the company’s stock worth $63,000 after buying an additional 567 shares during the last quarter. Islay Capital Management LLC bought a new stake in shares of Victoria’s Secret & Co. during the second quarter worth approximately $62,000. Finally, Counterpoint Mutual Funds LLC raised its stake in shares of Victoria’s Secret & Co. by 267,800.0% during the second quarter. Counterpoint Mutual Funds LLC now owns 2,679 shares of the company’s stock worth $75,000 after buying an additional 2,678 shares during the last quarter. 87.62% of the stock is owned by institutional investors.

Insider Activity

In other news, major shareholder International Pte Ltd Bbrc sold 109,968 shares of the company’s stock in a transaction that occurred on Thursday, December 8th. The shares were sold at an average price of $46.08, for a total value of $5,067,325.44. Following the completion of the transaction, the insider now owns 8,118,804 shares in the company, valued at $374,114,488.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.95% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on VSCO. Barclays dropped their price target on shares of Victoria’s Secret & Co. from $51.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday. JPMorgan Chase & Co. downgraded shares of Victoria’s Secret & Co. from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $51.00 to $43.00 in a research note on Thursday, December 1st. BMO Capital Markets boosted their price target on shares of Victoria’s Secret & Co. from $45.00 to $53.00 in a research note on Thursday, December 1st. Morgan Stanley boosted their price target on shares of Victoria’s Secret & Co. from $40.00 to $43.00 and gave the stock an “equal weight” rating in a research note on Friday, December 2nd. Finally, Cowen boosted their price objective on shares of Victoria’s Secret & Co. from $35.00 to $45.00 in a report on Friday, December 2nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Victoria’s Secret & Co. has an average rating of “Hold” and an average price target of $50.18.

Victoria’s Secret & Co. Stock Up 0.3 %

Victoria’s Secret & Co. stock opened at $38.39 on Monday. The stock has a market capitalization of $3.10 billion, a PE ratio of 8.08, a price-to-earnings-growth ratio of 0.98 and a beta of 2.13. Victoria’s Secret & Co. has a twelve month low of $26.14 and a twelve month high of $65.20. The company has a quick ratio of 0.35, a current ratio of 1.28 and a debt-to-equity ratio of 4.94. The company has a 50 day moving average of $40.84 and a 200-day moving average of $36.53.

Victoria’s Secret & Co. (NYSE:VSCO – Get Rating) last released its quarterly earnings results on Wednesday, November 30th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.06. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Victoria’s Secret & Co. had a net margin of 6.48% and a return on equity of 178.60%. On average, equities research analysts anticipate that Victoria’s Secret & Co. will post 4.69 EPS for the current fiscal year.

Victoria’s Secret & Co. Company Profile

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Victoria's Secret & Co operates as a specialty retailer of women's intimate, personal care, and beauty products worldwide. The company offers bras, panties, lingerie, sleepwear, loungewear, and athletic attire and swimwear, as well as fragrances and body care products, and accessories under the Victoria's Secret and PINK brands.