Castellan Group Sells 65,658 Shares of Victoria's Secret & Co. (NYSE:VSCO)

Castellan Group reduced its holdings in shares of Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 27.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 176,279 shares of the company's stock after selling 65,658 shares during the quarter. Victoria's Secret & Co. accounts for 3.2% of Castellan Group's portfolio, making the stock its 7th largest position. Castellan Group owned about 0.22% of Victoria's Secret & Co. worth $7,301,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in VSCO. Virtus Fund Advisers LLC purchased a new stake in shares of Victoria's Secret & Co. during the 3rd quarter valued at about $27,000. Blue Trust Inc. raised its stake in shares of Victoria's Secret & Co. by 741.4% during the third quarter. Blue Trust Inc. now owns 1,708 shares of the company's stock valued at $44,000 after purchasing an additional 1,505 shares during the period. Carolina Wealth Advisors LLC purchased a new stake in shares of Victoria's Secret & Co. during the third quarter valued at approximately $92,000. GAMMA Investing LLC lifted its position in shares of Victoria's Secret & Co. by 10.3% during the fourth quarter. GAMMA Investing LLC now owns 3,486 shares of the company's stock worth $144,000 after purchasing an additional 326 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of Victoria's Secret & Co. by 13.6% in the third quarter. Farther Finance Advisors LLC now owns 6,955 shares of the company's stock valued at $179,000 after purchasing an additional 835 shares during the period. Institutional investors and hedge funds own 90.29% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on VSCO shares. Telsey Advisory Group dropped their price target on shares of Victoria's Secret & Co. from $50.00 to $40.00 and set a "market perform" rating on the stock in a research note on Thursday, January 30th. Bank of America dropped their target price on Victoria's Secret & Co. from $40.00 to $35.00 and set an "underperform" rating on the stock in a research report on Thursday, January 30th. UBS Group upgraded Victoria's Secret & Co. from a "sell" rating to a "neutral" rating and boosted their price target for the stock from $18.00 to $47.00 in a research note on Tuesday, December 10th. Barclays upgraded Victoria's Secret & Co. from an "equal weight" rating to an "overweight" rating and raised their price objective for the company from $51.00 to $53.00 in a research note on Tuesday, January 28th. Finally, TD Cowen upped their target price on Victoria's Secret & Co. from $35.00 to $45.00 and gave the company a "hold" rating in a research report on Monday, December 9th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Victoria's Secret & Co. currently has a consensus rating of "Hold" and an average target price of $42.36.

Victoria's Secret & Co. Stock Performance

NYSE:VSCO traded up $0.33 during trading hours on Monday, reaching $32.81. 1,411,135 shares of the stock were exchanged, compared to its average volume of 1,849,401. The stock has a market capitalization of $2.58 billion, a P/E ratio of 17.00, a P/E/G ratio of 1.31 and a beta of 2.11. The firm has a 50 day simple moving average of $39.12 and a 200-day simple moving average of $31.90. The company has a quick ratio of 0.33, a current ratio of 1.17 and a debt-to-equity ratio of 3.12. Victoria's Secret & Co. has a 52 week low of $15.12 and a 52 week high of $48.73.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last posted its quarterly earnings results on Thursday, December 5th. The company reported ($0.50) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.62) by $0.12. Victoria's Secret & Co. had a net margin of 2.47% and a return on equity of 44.74%. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the firm posted ($0.86) EPS. The company's revenue for the quarter was up 6.5% on a year-over-year basis. As a group, sell-side analysts forecast that Victoria's Secret & Co. will post 2.37 earnings per share for the current fiscal 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.