Landscape Capital Management L.L.C. grew its stake in Victoria’s Secret & Co. (NYSE:VSCO – Free Report) by 277.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 188,788 shares of the company’s stock after buying an additional 138,763 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Victoria’s Secret & Co. were worth $3,508,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Eisler Capital Management Ltd. acquired a new position in shares of Victoria’s Secret & Co. in the first quarter valued at approximately $1,291,000. Keeley Teton Advisors LLC boosted its holdings in shares of Victoria’s Secret & Co. by 26.6% in the first quarter. Keeley Teton Advisors LLC now owns 28,917 shares of the company’s stock valued at $537,000 after buying an additional 6,083 shares during the period. Rafferty Asset Management LLC boosted its holdings in shares of Victoria’s Secret & Co. by 104.5% in the first quarter. Rafferty Asset Management LLC now owns 17,959 shares of the company’s stock valued at $334,000 after buying an additional 9,175 shares during the period. Cramer Rosenthal Mcglynn LLC boosted its holdings in shares of Victoria’s Secret & Co. by 163.0% in the first quarter. Cramer Rosenthal Mcglynn LLC now owns 1,406,865 shares of the company’s stock valued at $26,140,000 after buying an additional 871,968 shares during the period. Finally, Virtus Advisers LLC acquired a new position in shares of Victoria’s Secret & Co. in the first quarter valued at approximately $30,000. Institutional investors and hedge funds own 90.29% of the company’s stock.
Victoria’s Secret & Co. Stock Performance
NYSE VSCO opened at $22.83 on Thursday. The company has a current ratio of 1.16, a quick ratio of 0.33 and a debt-to-equity ratio of 1.60. The firm’s fifty day moving average price is $20.38 and its two-hundred day moving average price is $21.00. Victoria’s Secret & Co. has a 1 year low of $13.76 and a 1 year high of $48.73. The firm has a market capitalization of $1.82 billion, a P/E ratio of 11.42, a price-to-earnings-growth ratio of 1.21 and a beta of 2.17.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on VSCO shares. Zacks Research upgraded shares of Victoria’s Secret & Co. to a “hold” rating in a report on Monday, August 11th. The Goldman Sachs Group restated a “sell” rating and set a $15.00 target price on shares of Victoria’s Secret & Co. in a report on Wednesday, June 4th. Telsey Advisory Group restated a “market perform” rating and set a $24.00 target price on shares of Victoria’s Secret & Co. in a report on Thursday, August 21st. Wall Street Zen upgraded shares of Victoria’s Secret & Co. from a “sell” rating to a “hold” rating in a report on Friday, August 22nd. Finally, Bank of America reduced their target price on shares of Victoria’s Secret & Co. from $20.00 to $18.00 and set an “underperform” rating for the company in a report on Thursday, June 12th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $24.73.
Read Our Latest Report on Victoria’s Secret & Co.
About Victoria’s Secret & Co.
Victoria’s Secret & Co operates as a lingerie, clothing and beauty retailer. It offers bras, panties, lingerie, pajamas, sleep, sport and swim apparel, and beauty products. The company was founded in 1963 and is headquartered in Reynoldsburg, OH.
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