Boston Partners Purchases Shares of 49,061 Victoria’s Secret & Co. $VSCO

Boston Partners purchased a new stake in Victoria’s Secret & Co. (NYSE:VSCO) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 49,061 shares of the company’s stock, valued at approximately $912,000. Boston Partners owned 0.06% of Victoria’s Secret & Co. as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in VSCO. LPL Financial LLC acquired a new position in Victoria’s Secret & Co. in the fourth quarter valued at approximately $268,000. Wells Fargo & Company MN lifted its holdings in shares of Victoria’s Secret & Co. by 18.9% in the 4th quarter. Wells Fargo & Company MN now owns 60,067 shares of the company’s stock worth $2,488,000 after purchasing an additional 9,527 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Victoria’s Secret & Co. by 7.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 18,187 shares of the company’s stock worth $753,000 after purchasing an additional 1,198 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Victoria’s Secret & Co. in the 4th quarter worth $7,373,000. Finally, Townsquare Capital LLC bought a new position in shares of Victoria’s Secret & Co. in the 4th quarter worth $219,000. 90.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on VSCO. UBS Group set a $24.00 target price on Victoria’s Secret & Co. and gave the stock a “neutral” rating in a report on Friday, May 23rd. Jefferies Financial Group cut their target price on Victoria’s Secret & Co. from $42.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, May 21st. Telsey Advisory Group reiterated a “market perform” rating and issued a $24.00 target price on shares of Victoria’s Secret & Co. in a report on Wednesday, June 11th. Wall Street Zen cut Victoria’s Secret & Co. from a “hold” rating to a “sell” rating in a report on Saturday, August 2nd. Finally, JPMorgan Chase & Co. increased their price target on Victoria’s Secret & Co. from $22.00 to $27.00 and gave the company a “neutral” rating in a research report on Monday, July 28th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $25.00.

Victoria’s Secret & Co. Trading Down 0.3%

Shares of Victoria’s Secret & Co. stock opened at $22.35 on Monday. 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 cap of $1.78 billion, a PE ratio of 11.18, a P/E/G ratio of 1.22 and a beta of 2.17. The stock has a fifty day moving average price of $20.02 and a 200-day moving average price of $21.49. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.16 and a quick ratio of 0.33.

Victoria’s Secret & Co. (NYSE:VSCO) last announced its earnings results on Wednesday, June 11th. The company reported $0.09 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.09. Victoria’s Secret & Co. had a return on equity of 37.76% and a net margin of 2.69%. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the firm posted $0.12 EPS. The business’s revenue was down .5% compared to the same quarter last year. Equities research analysts anticipate that Victoria’s Secret & Co. will post 2.37 EPS for the current year.

Victoria’s Secret & Co. Company Profile

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.