DekaBank Deutsche Girozentrale Trims Holdings in Victoria’s Secret & Co. $VSCO

DekaBank Deutsche Girozentrale decreased its holdings in shares of Victoria’s Secret & Co. (NYSE:VSCO) by 51.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,459 shares of the company’s stock after selling 2,634 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Victoria’s Secret & Co. were worth $47,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VSCO. Virtus Advisers LLC acquired a new stake in Victoria’s Secret & Co. during the first quarter worth $30,000. Allworth Financial LP increased its stake in Victoria’s Secret & Co. by 677.4% during the first quarter. Allworth Financial LP now owns 3,063 shares of the company’s stock worth $57,000 after acquiring an additional 2,669 shares during the last quarter. KBC Group NV increased its stake 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 worth $73,000 after acquiring an additional 1,132 shares during the last quarter. Fifth Third Bancorp increased its stake in Victoria’s Secret & Co. by 75.3% during the second quarter. Fifth Third Bancorp now owns 4,801 shares of the company’s stock worth $89,000 after acquiring an additional 2,062 shares during the last quarter. Finally, Erste Asset Management GmbH increased its stake in Victoria’s Secret & Co. by 1,824.5% during the first quarter. Erste Asset Management GmbH now owns 8,333 shares of the company’s stock worth $147,000 after acquiring an additional 7,900 shares during the last quarter. Institutional investors and hedge funds own 90.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Victoria’s Secret & Co. in a research note on Wednesday, October 8th. Jefferies Financial Group cut their target price on 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. Barclays raised their target price on Victoria’s Secret & Co. from $23.00 to $27.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. UBS Group boosted their price objective 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. Finally, Wells Fargo & Company boosted their price objective on Victoria’s Secret & Co. from $14.00 to $17.00 and gave the company an “underweight” rating in a report on Friday, August 29th. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Victoria’s Secret & Co. currently has a consensus rating of “Hold” and an average target price of $28.00.

Victoria’s Secret & Co. Trading Up 5.4%

VSCO opened at $34.95 on Tuesday. Victoria’s Secret & Co. has a 12 month low of $13.76 and a 12 month high of $48.73. The stock has a market capitalization of $2.80 billion, a price-to-earnings ratio of 19.42, a PEG ratio of 1.80 and a beta of 2.23. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.14 and a quick ratio of 0.36. The business has a fifty day moving average price of $26.92 and a 200 day moving average price of $22.42.

Victoria’s Secret & Co. (NYSE:VSCO) last released its earnings results 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 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 analysts’ expectations of $1.40 billion. During the same period in the previous year, the firm posted $0.40 EPS. Victoria’s Secret & Co.’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. Sell-side analysts expect that Victoria’s Secret & Co. will post 2.37 earnings per share 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.