Victoria’s Secret & Co. $VSCO Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its holdings in shares of Victoria’s Secret & Co. (NYSE:VSCO) by 75.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 19,571 shares of the company’s stock after selling 60,565 shares during the period. SG Americas Securities LLC’s holdings in Victoria’s Secret & Co. were worth $531,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of Victoria’s Secret & Co. during the second quarter worth about $35,000. Hara Capital LLC acquired a new stake in Victoria’s Secret & Co. during the 2nd quarter worth approximately $36,000. Fifth Third Bancorp lifted its position in Victoria’s Secret & Co. by 75.3% during the 2nd 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 period. Lazard Asset Management LLC grew its stake in shares of Victoria’s Secret & Co. by 7.7% in the 2nd quarter. Lazard Asset Management LLC now owns 7,258 shares of the company’s stock valued at $133,000 after purchasing an additional 521 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Victoria’s Secret & Co. by 270.6% in the second quarter. GAMMA Investing LLC now owns 9,105 shares of the company’s stock valued at $169,000 after purchasing an additional 6,648 shares during the period. 90.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VSCO has been the subject of several recent research reports. Barclays reaffirmed an “overweight” rating on shares of Victoria’s Secret & Co. in a report on Tuesday, January 6th. Zacks Research raised shares of Victoria’s Secret & Co. from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 8th. JPMorgan Chase & Co. upgraded shares of Victoria’s Secret & Co. from a “neutral” rating to an “overweight” rating and increased their price target for the company from $34.00 to $60.00 in a report on Friday, December 5th. TD Cowen reiterated a “hold” rating on shares of Victoria’s Secret & Co. in a research note on Monday, December 8th. Finally, UBS Group upped their target price on shares of Victoria’s Secret & Co. from $60.00 to $73.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $54.60.

Victoria’s Secret & Co. Price Performance

Shares of NYSE VSCO opened at $59.73 on Friday. The company’s 50-day moving average price is $51.82 and its 200 day moving average price is $35.03. The stock has a market cap of $4.79 billion, a price-to-earnings ratio of 29.13, a PEG ratio of 2.55 and a beta of 2.21. Victoria’s Secret & Co. has a 52 week low of $13.76 and a 52 week high of $66.89. The company has a current ratio of 1.30, a quick ratio of 0.38 and a debt-to-equity ratio of 1.96.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its quarterly earnings data on Friday, December 5th. The company reported ($0.27) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.60) by $0.33. Victoria’s Secret & Co. had a return on equity of 33.47% and a net margin of 2.67%.The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the previous year, the firm posted ($0.50) EPS. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. Victoria’s Secret & Co. has set its FY 2025 guidance at 2.400-2.650 EPS and its Q4 2025 guidance at 2.200-2.45 EPS. As a group, research analysts forecast 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 is a leading designer, manufacturer and marketer of intimate apparel, beauty products and accessories for women. The company operates a portfolio of brands that includes Victoria’s Secret, renowned for its lingerie, bras and sleepwear; PINK, a line targeting younger consumers with activewear and lifestyle products; and Victoria’s Secret Beauty, offering fragrances, cosmetics and personal care items. Products are sold through retail stores as well as direct-to-consumer channels, including e-commerce platforms and mobile applications.

The origins of Victoria’s Secret date back to 1977, when founders Roy and Gaye Raymond opened the first store in San Francisco.