AlTi Global Inc. Acquires Shares of 14,263 Victoria’s Secret & Co. $VSCO

AlTi Global Inc. bought a new position in Victoria’s Secret & Co. (NYSE:VSCO) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 14,263 shares of the company’s stock, valued at approximately $387,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VSCO. Caitong International Asset Management Co. Ltd bought a new position in shares of Victoria’s Secret & Co. in the second quarter valued at approximately $35,000. Hara Capital LLC purchased a new position in Victoria’s Secret & Co. during the 2nd quarter worth $36,000. State of Wyoming purchased a new position in Victoria’s Secret & Co. during the 3rd quarter worth $48,000. 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 worth $133,000 after acquiring an additional 521 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Victoria’s Secret & Co. in the second quarter valued at about $200,000. 90.29% of the stock is owned by institutional investors.

Victoria’s Secret & Co. Stock Down 5.0%

Victoria’s Secret & Co. stock opened at $56.28 on Thursday. Victoria’s Secret & Co. has a 1-year low of $13.76 and a 1-year high of $66.89. The firm has a market capitalization of $4.52 billion, a price-to-earnings ratio of 27.45, a P/E/G ratio of 2.23 and a beta of 2.21. The company has a current ratio of 1.30, a quick ratio of 0.38 and a debt-to-equity ratio of 1.96. The firm has a 50 day simple moving average of $56.98 and a 200 day simple moving average of $38.64.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its earnings results on Friday, December 5th. The company reported ($0.27) EPS for the quarter, topping the consensus estimate of ($0.60) by $0.33. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.41 billion. Victoria’s Secret & Co. had a return on equity of 33.47% and a net margin of 2.67%.The firm’s revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the company earned ($0.50) EPS. 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. On average, analysts predict that Victoria’s Secret & Co. will post 2.37 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. TD Cowen restated a “hold” rating on shares of Victoria’s Secret & Co. in a report on Monday, December 8th. Morgan Stanley raised Victoria’s Secret & Co. from an “equal weight” rating to an “overweight” rating and set a $60.00 price target for the company in a research report on Friday, December 5th. Wall Street Zen upgraded Victoria’s Secret & Co. from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Weiss Ratings upgraded Victoria’s Secret & Co. from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, February 6th. Finally, Barclays reaffirmed an “overweight” rating on shares of Victoria’s Secret & Co. in a research report on Tuesday, January 6th. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $55.20.

Victoria’s Secret & Co. Profile

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.