Comerica Bank Cuts Holdings in Victoria’s Secret & Co. $VSCO

Comerica Bank lessened its stake in Victoria’s Secret & Co. (NYSE:VSCO) by 66.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,914 shares of the company’s stock after selling 53,101 shares during the period. Comerica Bank’s holdings in Victoria’s Secret & Co. were worth $500,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC grew its stake in Victoria’s Secret & Co. by 1,209.6% in the 1st quarter. GAMMA Investing LLC now owns 45,651 shares of the company’s stock worth $848,000 after buying an additional 42,165 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Victoria’s Secret & Co. by 54.2% in the 1st quarter. Victory Capital Management Inc. now owns 1,430,016 shares of the company’s stock valued at $26,570,000 after purchasing an additional 502,622 shares in the last quarter. Arena Capital Advisors LLC CA purchased a new stake in shares of Victoria’s Secret & Co. in the 1st quarter valued at $484,000. Tremblant Capital Group boosted its stake in shares of Victoria’s Secret & Co. by 137.1% in the 4th quarter. Tremblant Capital Group now owns 550,135 shares of the company’s stock valued at $22,787,000 after purchasing an additional 318,080 shares in the last quarter. Finally, Peregrine Capital Management LLC boosted its stake in shares of Victoria’s Secret & Co. by 30.8% in the 1st quarter. Peregrine Capital Management LLC now owns 223,581 shares of the company’s stock valued at $4,154,000 after purchasing an additional 52,618 shares in the last quarter. Hedge funds and other institutional investors own 90.29% of the company’s stock.

Victoria’s Secret & Co. Stock Up 2.2%

Shares of NYSE VSCO opened at $26.24 on Monday. The company has a current ratio of 1.16, a quick ratio of 0.33 and a debt-to-equity ratio of 1.60. Victoria’s Secret & Co. has a 12 month low of $13.76 and a 12 month high of $48.73. The firm has a market capitalization of $2.09 billion, a PE ratio of 14.58, a price-to-earnings-growth ratio of 1.43 and a beta of 2.19. The firm has a fifty day simple moving average of $21.04 and a two-hundred day simple moving average of $20.45.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on VSCO shares. Zacks Research raised shares of Victoria’s Secret & Co. to a “hold” rating in a research note on Monday, August 11th. Jefferies Financial Group cut their price objective on shares of Victoria’s Secret & Co. from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Friday, August 29th. Wells Fargo & Company upped their price objective on shares of Victoria’s Secret & Co. from $14.00 to $17.00 and gave the company an “underweight” rating in a research note on Friday, August 29th. Barclays upped their price objective on shares of Victoria’s Secret & Co. from $23.00 to $27.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Victoria’s Secret & Co. from $22.00 to $27.00 and gave the company a “neutral” rating in a research note on Monday, July 28th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $25.45.

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.