Corebridge Financial Inc. Sells 800 Shares of Victoria’s Secret & Co. $VSCO

Corebridge Financial Inc. cut its stake in shares of Victoria’s Secret & Co. (NYSE:VSCO) by 1.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,988 shares of the company’s stock after selling 800 shares during the quarter. Corebridge Financial Inc. owned 0.05% of Victoria’s Secret & Co. worth $762,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in VSCO. Northern Trust Corp grew its holdings in shares of Victoria’s Secret & Co. by 10.2% during the 4th quarter. Northern Trust Corp now owns 896,274 shares of the company’s stock valued at $37,124,000 after purchasing an additional 82,729 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in shares of Victoria’s Secret & Co. during the 4th quarter valued at approximately $204,000. BNP Paribas Financial Markets bought a new stake in shares of Victoria’s Secret & Co. during the 4th quarter valued at approximately $4,480,000. CoreCap Advisors LLC grew its holdings in shares of Victoria’s Secret & Co. by 1,898.1% during the 4th quarter. CoreCap Advisors LLC now owns 2,058 shares of the company’s stock valued at $85,000 after purchasing an additional 1,955 shares during the last quarter. Finally, Graham Capital Management L.P. grew its holdings in shares of Victoria’s Secret & Co. by 135.1% during the 4th quarter. Graham Capital Management L.P. now owns 39,808 shares of the company’s stock valued at $1,649,000 after purchasing an additional 22,879 shares during the last quarter. 90.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Barclays boosted their target price on shares of Victoria’s Secret & Co. from $23.00 to $27.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Wall Street Zen upgraded shares of Victoria’s Secret & Co. from a “sell” rating to a “hold” rating in a report on Friday, August 22nd. Morgan Stanley reiterated a “positive” rating on shares of Victoria’s Secret & Co. in a report on Thursday, June 12th. Telsey Advisory Group reiterated a “market perform” rating and set a $24.00 price target on shares of Victoria’s Secret & Co. in a report on Thursday, August 28th. Finally, Jefferies Financial Group cut their price target on shares of Victoria’s Secret & Co. from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Friday, August 29th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $25.45.

Victoria’s Secret & Co. Stock Up 2.2%

Shares of NYSE VSCO opened at $26.24 on Friday. The company has a market capitalization of $2.09 billion, a P/E ratio of 14.58, a price-to-earnings-growth ratio of 1.43 and a beta of 2.20. Victoria’s Secret & Co. has a 52-week low of $13.76 and a 52-week high of $48.73. 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 company’s 50 day moving average price is $21.04 and its 200-day moving average price is $20.51.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its quarterly earnings results on Thursday, August 28th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.20. The firm had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.40 billion. Victoria’s Secret & Co. had a net margin of 2.42% and a return on equity of 35.37%. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.40 EPS. Victoria’s Secret & Co. has set its Q3 2025 guidance at -0.75–0.550 EPS. FY 2025 guidance at EPS. Equities analysts forecast that Victoria’s Secret & Co. will post 2.37 earnings per share for the current 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.