Allianz Asset Management GmbH Raises Holdings in Victoria's Secret & Co. $VSCO

Key Points

• Allianz Asset Management GmbH has significantly increased its holdings in Victoria's Secret & Co. by 382.1% in Q2, owning approximately 487,198 shares valued at over $9 million.
• Several institutional investors, including Oppenheimer Asset Management, have also expanded their positions in the company, contributing to 90.29% of Victoria's Secret's total ownership by institutional investors.
• Victoria's Secret & Co. reported earnings per share (EPS) of $0.33 for the last quarter, surpassing the consensus estimate of $0.13, and showed a 2.9% year-over-year revenue increase.

Allianz Asset Management GmbH grew its position in shares of Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 382.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 487,198 shares of the company's stock after purchasing an additional 386,135 shares during the period. Allianz Asset Management GmbH owned approximately 0.61% of Victoria's Secret & Co. worth $9,023,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VSCO. Oppenheimer Asset Management Inc. grew its position in shares of Victoria's Secret & Co. by 290.1% during the first quarter. Oppenheimer Asset Management Inc. now owns 23,571 shares of the company's stock valued at $438,000 after purchasing an additional 17,529 shares in the last quarter. Illinois Municipal Retirement Fund grew its position in shares of Victoria's Secret & Co. by 78.7% during the first quarter. Illinois Municipal Retirement Fund now owns 61,395 shares of the company's stock valued at $1,141,000 after purchasing an additional 27,029 shares in the last quarter. KBC Group NV grew its position in shares of Victoria's Secret & Co. by 40.8% during the first quarter. KBC Group NV now owns 3,904 shares of the company's stock valued at $73,000 after purchasing an additional 1,132 shares in the last quarter. New York State Teachers Retirement System grew its position in shares of Victoria's Secret & Co. by 12.4% during the first quarter. New York State Teachers Retirement System now owns 98,160 shares of the company's stock valued at $1,824,000 after purchasing an additional 10,822 shares in the last quarter. Finally, Peregrine Capital Management LLC grew its position in shares of Victoria's Secret & Co. by 30.8% during the first quarter. Peregrine Capital Management LLC now owns 223,581 shares of the company's stock valued at $4,154,000 after purchasing an additional 52,618 shares in the last quarter. Hedge funds and other institutional investors own 90.29% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Morgan Stanley reiterated a "reduce" rating on shares of Victoria's Secret & Co. in a research report on Friday, September 12th. Zacks Research upgraded Victoria's Secret & Co. to a "hold" rating in a research report on Monday, August 11th. Wells Fargo & Company lifted their price target on Victoria's Secret & Co. from $14.00 to $17.00 and gave the stock an "underweight" rating in a research report on Friday, August 29th. Wall Street Zen upgraded Victoria's Secret & Co. from a "sell" rating to a "hold" rating in a research report on Friday, August 22nd. Finally, Barclays lifted their price target on Victoria's Secret & Co. from $23.00 to $27.00 and gave the stock an "overweight" rating in a research report on Friday, August 29th. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and an average price target of $26.73.

Victoria's Secret & Co. Stock Down 0.6%

Shares of NYSE:VSCO opened at $31.33 on Wednesday. Victoria's Secret & Co. has a 1 year low of $13.76 and a 1 year high of $48.73. The business has a 50 day simple moving average of $26.09 and a two-hundred day simple moving average of $21.97. The firm has a market capitalization of $2.51 billion, a PE ratio of 17.41, a price-to-earnings-growth ratio of 1.71 and a beta of 2.23. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.14 and a quick ratio of 0.36.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last announced its earnings results on Thursday, August 28th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.20. Victoria's Secret & Co. had a return on equity of 33.77% and a net margin of 2.42%.The business had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the previous year, the business earned $0.40 earnings per share. The company's revenue for the quarter was up 2.9% compared to the same quarter last year. Victoria's Secret & Co. has set its Q3 2025 guidance at -0.75--0.550 EPS. FY 2025 guidance at EPS. On average, equities analysts predict 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.

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