Campbell & CO Investment Adviser LLC bought a new stake in Victoria’s Secret & Co. (NYSE:VSCO – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 16,768 shares of the company’s stock, valued at approximately $311,000.
Several other institutional investors also recently bought and sold shares of the stock. Envestnet Asset Management Inc. increased its stake in Victoria’s Secret & Co. by 45.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 26,522 shares of the company’s stock worth $493,000 after purchasing an additional 8,335 shares during the period. CWM LLC boosted its stake in shares of 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 purchasing an additional 975 shares during the period. Victory Capital Management Inc. grew its holdings in shares of Victoria’s Secret & Co. by 54.2% in the first quarter. Victory Capital Management Inc. now owns 1,430,016 shares of the company’s stock worth $26,570,000 after purchasing an additional 502,622 shares during the last quarter. Y Intercept Hong Kong Ltd grew its holdings in shares of Victoria’s Secret & Co. by 77.9% in the first quarter. Y Intercept Hong Kong Ltd now owns 16,133 shares of the company’s stock worth $300,000 after purchasing an additional 7,066 shares during the last quarter. Finally, Readystate Asset Management LP increased its stake in shares of Victoria’s Secret & Co. by 4,554.4% in the first quarter. Readystate Asset Management LP now owns 278,941 shares of the company’s stock worth $5,183,000 after buying an additional 272,948 shares during the period. 90.29% of the stock is currently owned by hedge funds and other institutional investors.
Victoria’s Secret & Co. Stock Performance
Shares of VSCO opened at $35.17 on Tuesday. The company has a 50-day simple moving average of $30.62 and a two-hundred day simple moving average of $24.35. 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 firm has a market capitalization of $2.82 billion, a PE ratio of 19.54, a price-to-earnings-growth ratio of 1.90 and a beta of 2.26. Victoria’s Secret & Co. has a one year low of $13.76 and a one year high of $48.73.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on VSCO. Morgan Stanley reissued a “reduce” rating on shares of Victoria’s Secret & Co. in a research report on Friday, September 12th. Telsey Advisory Group raised their target price on Victoria’s Secret & Co. from $24.00 to $29.00 and gave the stock a “market perform” rating in a research note on Wednesday, October 1st. Zacks Research upgraded Victoria’s Secret & Co. to a “hold” rating in a report on Monday, August 11th. Bank of America increased their price objective on Victoria’s Secret & Co. from $18.00 to $21.00 and gave the stock an “underperform” rating in a report on Friday, August 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Victoria’s Secret & Co. in a research report on Thursday, October 30th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $29.91.
Read Our Latest Report on Victoria’s Secret & Co.
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.
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