Rhumbline Advisers Trims Position in Victoria’s Secret & Co. $VSCO

Rhumbline Advisers lessened its position in shares of Victoria’s Secret & Co. (NYSE:VSCO) by 3.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 229,044 shares of the company’s stock after selling 8,549 shares during the quarter. Rhumbline Advisers owned 0.29% of Victoria’s Secret & Co. worth $4,256,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. CWM LLC increased its position in Victoria’s Secret & Co. by 6.2% during the first quarter. CWM LLC now owns 16,660 shares of the company’s stock valued at $310,000 after acquiring an additional 975 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Victoria’s Secret & Co. by 1.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,152 shares of the company’s stock valued at $2,533,000 after acquiring an additional 1,018 shares during the last quarter. KBC Group NV grew its holdings in Victoria’s Secret & Co. by 40.8% during the first quarter. KBC Group NV now owns 3,904 shares of the company’s stock valued at $73,000 after purchasing an additional 1,132 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Victoria’s Secret & Co. by 6.9% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,364 shares of the company’s stock valued at $378,000 after purchasing an additional 1,307 shares during the period. Finally, Fox Run Management L.L.C. grew its holdings in Victoria’s Secret & Co. by 14.3% during the first quarter. Fox Run Management L.L.C. now owns 10,760 shares of the company’s stock valued at $200,000 after purchasing an additional 1,348 shares during the period. Hedge funds and other institutional investors own 90.29% of the company’s stock.

Analyst Upgrades and Downgrades

VSCO has been the subject of several recent research reports. Jefferies Financial Group cut their price target 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. UBS Group boosted their price target on Victoria’s Secret & Co. from $21.00 to $25.00 and gave the company a “neutral” rating in a report on Friday, August 29th. The Goldman Sachs Group boosted their price target on Victoria’s Secret & Co. from $16.00 to $18.00 and gave the company a “sell” rating in a report on Friday, August 29th. Telsey Advisory Group reissued 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, Barclays boosted their price target on Victoria’s Secret & Co. from $23.00 to $27.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $26.18.

Victoria’s Secret & Co. Stock Performance

NYSE VSCO opened at $26.48 on Monday. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of 1.44 and a beta of 2.19. The company has a quick ratio of 0.36, a current ratio of 1.14 and a debt-to-equity ratio of 1.48. The business has a 50-day moving average price of $21.66 and a 200-day moving average price of $20.38. Victoria’s Secret & Co. has a twelve month low of $13.76 and a twelve month high of $48.73.

Victoria’s Secret & Co. (NYSE:VSCO) last released its quarterly earnings data on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.20. Victoria’s Secret & Co. had a return on equity of 33.77% and a net margin of 2.42%.The firm had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the prior year, the company posted $0.40 earnings per share. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. Victoria’s Secret & Co. has set its Q3 2025 guidance at -0.75–0.550 EPS. FY 2025 guidance at EPS. As a group, equities research analysts predict 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.