Fox Run Management L.L.C. Makes New $871,000 Investment in Victoria’s Secret & Co. $VSCO

Fox Run Management L.L.C. acquired a new stake in Victoria’s Secret & Co. (NYSE:VSCO) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 32,110 shares of the company’s stock, valued at approximately $871,000.

A number of other hedge funds have also modified their holdings of the stock. Primecap Management Co. CA boosted its stake in Victoria’s Secret & Co. by 1,586.7% in the 2nd quarter. Primecap Management Co. CA now owns 1,972,333 shares of the company’s stock valued at $36,528,000 after buying an additional 1,855,400 shares in the last quarter. Goldentree Asset Management LP lifted its holdings in shares of Victoria’s Secret & Co. by 71.8% during the second quarter. Goldentree Asset Management LP now owns 2,989,087 shares of the company’s stock valued at $55,242,000 after acquiring an additional 1,249,065 shares during the period. Marshall Wace LLP lifted its holdings in shares of Victoria’s Secret & Co. by 2,729.6% during the second quarter. Marshall Wace LLP now owns 923,823 shares of the company’s stock valued at $17,109,000 after acquiring an additional 891,175 shares during the period. Barington Capital Group L.P. boosted its stake in shares of Victoria’s Secret & Co. by 255.1% in the 2nd quarter. Barington Capital Group L.P. now owns 838,886 shares of the company’s stock valued at $15,536,000 after purchasing an additional 602,670 shares in the last quarter. Finally, Allianz Asset Management GmbH boosted its stake in shares of Victoria’s Secret & Co. by 106.6% in the 3rd quarter. Allianz Asset Management GmbH now owns 1,006,679 shares of the company’s stock valued at $27,321,000 after purchasing an additional 519,481 shares in the last quarter. 90.29% of the stock is owned by institutional investors and hedge funds.

Victoria’s Secret & Co. Price Performance

Shares of VSCO stock opened at $65.69 on Friday. Victoria’s Secret & Co. has a 1 year low of $13.76 and a 1 year 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. The firm’s 50 day moving average is $59.06 and its 200-day moving average is $41.65. The firm has a market capitalization of $5.27 billion, a price-to-earnings ratio of 32.04, a PEG ratio of 2.34 and a beta of 2.21.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its quarterly 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. Victoria’s Secret & Co. had a net margin of 2.67% and a return on equity of 33.47%. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the business posted ($0.50) earnings per share. Victoria’s Secret & Co.’s revenue for the quarter 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. Sell-side analysts forecast that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Wells Fargo & Company set a $45.00 target price on shares of Victoria’s Secret & Co. and gave the stock an “equal weight” rating in a research report on Tuesday, December 16th. UBS Group reaffirmed a “buy” rating on shares of Victoria’s Secret & Co. in a report on Monday. Wall Street Zen upgraded shares of Victoria’s Secret & Co. from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. JPMorgan Chase & Co. upgraded Victoria’s Secret & Co. from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $34.00 to $60.00 in a research report on Friday, December 5th. Finally, TD Cowen reaffirmed a “hold” rating on shares of Victoria’s Secret & Co. in a report on Monday, December 8th. Seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Victoria’s Secret & Co. has an average rating of “Moderate Buy” and a consensus price target of $55.20.

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.