L Brands Inc. (NYSE:LB) traded up 2.5% on Monday . The stock traded as high as $74.65 and last traded at $73.46, with a volume of 1,831,282 shares trading hands. The stock had previously closed at $71.66.

Several equities research analysts have recently weighed in on the company. MKM Partners reissued a “buy” rating on shares of L Brands in a report on Saturday, April 9th. Mizuho reissued a “buy” rating and issued a $110.00 price objective on shares of L Brands in a report on Saturday, April 9th. Vetr raised L Brands from a “buy” rating to a “strong-buy” rating and set a $95.00 price objective for the company in a report on Thursday, April 7th. Oppenheimer Holdings Inc. reissued a “hold” rating on shares of L Brands in a report on Sunday, May 8th. Finally, Robert W. Baird reissued a “buy” rating on shares of L Brands in a report on Sunday, May 8th. Two analysts have rated the stock with a sell rating, nineteen have given a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $74.02.

The stock has a market cap of $21.31 billion and a price-to-earnings ratio of 18.97. The firm’s 50-day moving average is $68.73 and its 200-day moving average is $79.11.

L Brands (NYSE:LB) last announced its earnings results on Wednesday, May 18th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. The business had revenue of $2.61 billion for the quarter. During the same period last year, the firm posted $0.61 EPS. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. On average, equities research analysts anticipate that L Brands Inc. will post $3.72 earnings per share for the current fiscal year.

In other news, Director Allan R. Tessler purchased 3,500 shares of the business’s stock in a transaction on Friday, June 24th. The stock was purchased at an average price of $67.92 per share, with a total value of $237,720.00. Following the acquisition, the director now directly owns 54,116 shares in the company, valued at approximately $3,675,558.72. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Nicholas Coe sold 4,951 shares of the company’s stock in a transaction that occurred on Monday, July 11th. The shares were sold at an average price of $67.53, for a total value of $334,341.03. The disclosure for this sale can be found here.

Several institutional investors recently modified their holdings of LB. KBC Group NV boosted its position in shares of L Brands by 119.7% in the fourth quarter. KBC Group NV now owns 64,603 shares of the company’s stock worth $6,190,000 after buying an additional 35,194 shares during the last quarter. State of Tennessee Treasury Department boosted its position in shares of L Brands by 46.6% in the fourth quarter. State of Tennessee Treasury Department now owns 181,836 shares of the company’s stock worth $17,424,000 after buying an additional 57,836 shares during the last quarter. Employees Retirement System of Texas boosted its position in shares of L Brands by 42.4% in the fourth quarter. Employees Retirement System of Texas now owns 84,000 shares of the company’s stock worth $8,049,000 after buying an additional 25,000 shares during the last quarter. TrimTabs Asset Management LLC boosted its position in shares of L Brands by 1.9% in the fourth quarter. TrimTabs Asset Management LLC now owns 24,840 shares of the company’s stock worth $2,380,000 after buying an additional 462 shares during the last quarter. Finally, I.G. Investment Management LTD. boosted its position in shares of L Brands by 37.0% in the fourth quarter. I.G. Investment Management LTD. now owns 11,159 shares of the company’s stock worth $1,069,000 after buying an additional 3,016 shares during the last quarter.

L Brands, Inc operates specialty retail business. The Company is focused on women’s intimate and other apparel, personal care and beauty categories. The Company operates through three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Victoria’s Secret segment includes PINK, which is the specialty retailer of women’s intimate and other apparel with collections, fragrances, supermodels and runway shows.

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