Y Intercept Hong Kong Ltd Acquires 66,144 Shares of Victoria’s Secret & Co. $VSCO

Y Intercept Hong Kong Ltd lifted its holdings in shares of Victoria’s Secret & Co. (NYSE:VSCO) by 362.1% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 84,410 shares of the company’s stock after buying an additional 66,144 shares during the period. Y Intercept Hong Kong Ltd owned about 0.11% of Victoria’s Secret & Co. worth $2,291,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the business. Baird Financial Group Inc. acquired a new position in Victoria’s Secret & Co. during the first quarter worth about $233,000. Royal Bank of Canada grew its holdings in shares of Victoria’s Secret & Co. by 279.1% during the 1st quarter. Royal Bank of Canada now owns 47,839 shares of the company’s stock valued at $888,000 after purchasing an additional 35,220 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Victoria’s Secret & Co. by 2.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,949 shares of the company’s stock worth $1,170,000 after purchasing an additional 1,797 shares in the last quarter. Fifth Third Bancorp lifted its stake in Victoria’s Secret & Co. by 75.3% in the 2nd quarter. Fifth Third Bancorp now owns 4,801 shares of the company’s stock valued at $89,000 after purchasing an additional 2,062 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its position in Victoria’s Secret & Co. by 9.2% in the second quarter. State of Alaska Department of Revenue now owns 47,585 shares of the company’s stock valued at $880,000 after buying an additional 4,021 shares in the last quarter. 90.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VSCO has been the subject of several research analyst reports. Telsey Advisory Group upgraded shares of Victoria’s Secret & Co. from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $50.00 to $66.00 in a report on Wednesday, December 17th. Bank of America upgraded Victoria’s Secret & Co. from an “underperform” rating to a “neutral” rating and set a $52.00 price objective on the stock in a research report on Monday, December 8th. Wall Street Zen upgraded Victoria’s Secret & Co. from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th. Guggenheim began coverage on Victoria’s Secret & Co. in a report on Tuesday, December 9th. They set a “neutral” rating on the stock. Finally, Barclays reaffirmed an “overweight” rating on shares of Victoria’s Secret & Co. in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $55.20.

Victoria’s Secret & Co. Trading Up 1.2%

NYSE VSCO opened at $56.54 on Thursday. The firm has a market capitalization of $4.54 billion, a PE ratio of 27.58, a price-to-earnings-growth ratio of 2.27 and a beta of 2.21. The business’s 50-day moving average price is $53.14 and its two-hundred day moving average price is $35.91. 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. has a 12 month low of $13.76 and a 12 month high of $66.89.

Victoria’s Secret & Co. (NYSE:VSCO) last released its earnings results on Friday, December 5th. The company reported ($0.27) earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 2.67% and a return on equity of 33.47%. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($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 expect that Victoria’s Secret & Co. will post 2.37 EPS for the current year.

Victoria’s Secret & Co. Company 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.