Fuller & Thaler Asset Management Inc. Raises Holdings in Victoria's Secret & Co. (NYSE:VSCO)

Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 8.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,035,460 shares of the company's stock after acquiring an additional 156,979 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 2.59% of Victoria's Secret & Co. worth $84,309,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VSCO. Charles Schwab Investment Management Inc. increased its position 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 worth $67,562,000 after purchasing an additional 22,684 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Victoria's Secret & Co. by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 8,927,889 shares of the company's stock valued at $369,793,000 after acquiring an additional 58,981 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Victoria's Secret & Co. in the 4th quarter valued at approximately $7,373,000. Wakefield Asset Management LLLP acquired a new position in shares of Victoria's Secret & Co. in the 4th quarter worth approximately $991,000. Finally, FMR LLC lifted its holdings in shares of Victoria's Secret & Co. by 44.7% in the 4th quarter. FMR LLC now owns 3,988,122 shares of the company's stock worth $165,188,000 after acquiring an additional 1,231,090 shares during the last quarter. Hedge funds and other institutional investors own 90.29% of the company's stock.

Victoria's Secret & Co. Stock Up 4.4 %

Shares of Victoria's Secret & Co. stock opened at $18.06 on Thursday. 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 $13.76 and a 52-week high of $48.73. The company has a market capitalization of $1.42 billion, a P/E ratio of 9.36, a P/E/G ratio of 1.15 and a beta of 2.26. The company has a 50 day moving average of $20.69 and a 200 day moving average of $30.91.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, March 5th. The company reported $2.60 earnings per share for the quarter, beating analysts' consensus estimates of $2.30 by $0.30. The business had revenue of $2.11 billion for the quarter, compared to analyst estimates 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, research analysts forecast that Victoria's Secret & Co. will post 2.37 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

VSCO has been the subject of several research reports. The Goldman Sachs Group cut their target price on Victoria's Secret & Co. from $19.00 to $15.00 and set a "sell" rating on the stock in a research report on Tuesday. Wells Fargo & Company dropped their price objective on Victoria's Secret & Co. from $40.00 to $25.00 and set an "equal weight" rating for the company in a research note on Thursday, March 6th. Morgan Stanley decreased their target price on Victoria's Secret & Co. from $38.00 to $23.00 and set an "equal weight" rating on the stock in a research note on Friday, March 7th. Telsey Advisory Group dropped their target price on Victoria's Secret & Co. from $40.00 to $24.00 and set a "market perform" rating for the company in a research report on Thursday, March 6th. Finally, BMO Capital Markets reduced their price target on shares of Victoria's Secret & Co. from $46.00 to $31.00 and set an "outperform" rating on the stock in a research report on Thursday, March 6th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $29.73.

Insiders Place Their Bets

In related news, major shareholder International Pte Ltd Bbrc purchased 80,328 shares of the company's stock in a transaction on Wednesday, March 12th. The shares were bought at an average cost of $16.78 per share, for a total transaction of $1,347,903.84. Following the completion of the purchase, the insider now directly owns 9,255,347 shares of the company's stock, valued at approximately $155,304,722.66. This trade represents a 0.88 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders acquired 1,503,973 shares of company stock valued at $26,617,312 in the last ninety days. Insiders own 1.10% of the company's stock.

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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