Fox Run Management L.L.C. Has $390,000 Holdings in Victoria's Secret & Co. (NYSE:VSCO)

Fox Run Management L.L.C. reduced its stake in shares of Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 62.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,412 shares of the company's stock after selling 15,838 shares during the quarter. Fox Run Management L.L.C.'s holdings in Victoria's Secret & Co. were worth $390,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. FMR LLC boosted its position in Victoria's Secret & Co. by 146.1% during the third quarter. FMR LLC now owns 2,757,032 shares of the company's stock valued at $70,856,000 after purchasing an additional 1,636,602 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Victoria's Secret & Co. by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 1,794,221 shares of the company's stock worth $46,121,000 after purchasing an additional 24,967 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Victoria's Secret & Co. by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,631,150 shares of the company's stock valued at $67,562,000 after buying an additional 22,684 shares during the last quarter. Forest Avenue Capital Management LP bought a new stake in shares of Victoria's Secret & Co. in the 3rd quarter valued at approximately $40,861,000. Finally, Two Sigma Advisers LP increased its holdings in Victoria's Secret & Co. by 172.0% in the third quarter. Two Sigma Advisers LP now owns 503,003 shares of the company's stock worth $12,927,000 after buying an additional 318,099 shares during the last quarter. 90.29% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Several brokerages have recently commented on VSCO. Barclays dropped their price target on shares of Victoria's Secret & Co. from $53.00 to $38.00 and set an "overweight" rating on the stock in a research note on Friday, March 7th. Telsey Advisory Group decreased their price target on Victoria's Secret & Co. from $40.00 to $24.00 and set a "market perform" rating for the company in a research note on Thursday, March 6th. JPMorgan Chase & Co. cut their price objective on Victoria's Secret & Co. from $43.00 to $35.00 and set a "neutral" rating on the stock in a research note on Thursday, March 6th. The Goldman Sachs Group decreased their target price on Victoria's Secret & Co. from $35.00 to $19.00 and set a "sell" rating for the company in a research report on Monday, March 10th. Finally, Bank of America dropped their price target on shares of 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. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $31.73.

Victoria's Secret & Co. Stock Performance

Shares of NYSE VSCO traded down $1.18 during mid-day trading on Friday, hitting $18.32. The company had a trading volume of 3,930,272 shares, compared to its average volume of 2,778,491. Victoria's Secret & Co. has a 12 month low of $15.12 and a 12 month high of $48.73. The firm has a market cap of $1.44 billion, a P/E ratio of 9.49, a PEG ratio of 1.15 and a beta of 2.16. The business's 50-day simple moving average is $27.94 and its 200-day simple moving average is $32.13. The company has a debt-to-equity ratio of 3.12, a current ratio of 1.17 and a quick ratio of 0.33.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last posted its quarterly earnings results on Wednesday, March 5th. The company reported $2.60 earnings per share for the quarter, topping analysts' consensus estimates of $2.30 by $0.30. The firm had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.10 billion. Victoria's Secret & Co. had a net margin of 2.47% and a return on equity of 44.74%. As a group, analysts predict that Victoria's Secret & Co. will post 2.37 earnings per share for the current fiscal year.

Insider Buying and Selling at Victoria's Secret & Co.

In other news, major shareholder International Pte Ltd Bbrc bought 542,000 shares of Victoria's Secret & Co. stock in a transaction dated Monday, March 10th. The shares were bought at an average price of $17.32 per share, for a total transaction of $9,387,440.00. Following the purchase, the insider now owns 8,695,019 shares of the company's stock, valued at approximately $150,597,729.08. This trade represents a 6.65 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders have purchased 707,473 shares of company stock valued at $12,393,117. 1.10% of the stock is currently owned by corporate insiders.

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.