Victoria's Secret & Co. (NYSE:VSCO) Shares Up 3.9%

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report)'s stock price traded up 3.9% on Monday . The company traded as high as $24.39 and last traded at $24.31. 169,071 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 2,846,715 shares. The stock had previously closed at $23.40.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Morgan Stanley raised shares of Victoria's Secret & Co. from an "underweight" rating to an "equal weight" rating in a research report on Wednesday, August 14th. Bank of America upped their target price on shares of Victoria's Secret & Co. from $15.00 to $18.00 and gave the company an "underperform" rating in a research note on Thursday, August 15th. Wells Fargo & Company upped their target price on shares of Victoria's Secret & Co. from $25.00 to $28.00 and gave the company an "overweight" rating in a research note on Thursday, August 15th. Barclays upped their target price on shares of Victoria's Secret & Co. from $17.00 to $19.00 and gave the company an "underweight" rating in a research note on Thursday, August 15th. Finally, The Goldman Sachs Group upped their target price on shares of Victoria's Secret & Co. from $15.00 to $17.00 and gave the company a "sell" rating in a research note on Thursday, August 15th. Five analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $19.80.

Victoria's Secret & Co. Trading Up 3.5 %

The company has a current ratio of 0.97, a quick ratio of 0.28 and a debt-to-equity ratio of 2.51. The stock has a market cap of $1.90 billion, a P/E ratio of 18.00, a PEG ratio of 1.25 and a beta of 2.08. The firm's 50-day simple moving average is $18.92 and its 200 day simple moving average is $20.41.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last posted its earnings results on Wednesday, June 5th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. Victoria's Secret & Co. had a net margin of 1.71% and a return on equity of 46.52%. The firm had revenue of $1.36 billion during the quarter, compared to analysts' expectations of $1.36 billion. During the same quarter in the prior year, the firm earned $0.28 EPS. Victoria's Secret & Co.'s quarterly revenue was down 3.4% on a year-over-year basis. As a group, equities research analysts anticipate that Victoria's Secret & Co. will post 1.97 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. boosted its holdings in shares of Victoria's Secret & Co. by 5.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 11,203 shares of the company's stock valued at $297,000 after acquiring an additional 628 shares in the last quarter. Norges Bank bought a new position in shares of Victoria's Secret & Co. in the fourth quarter valued at approximately $8,986,000. Natixis boosted its holdings in shares of Victoria's Secret & Co. by 1,100,000.0% in the first quarter. Natixis now owns 275,025 shares of the company's stock valued at $5,330,000 after acquiring an additional 275,000 shares in the last quarter. River Global Investors LLP boosted its holdings in Victoria's Secret & Co. by 18.1% during the fourth quarter. River Global Investors LLP now owns 43,697 shares of the company's stock worth $1,160,000 after buying an additional 6,694 shares in the last quarter. Finally, ARGA Investment Management LP boosted its holdings in Victoria's Secret & Co. by 221.7% during the fourth quarter. ARGA Investment Management LP now owns 72,147 shares of the company's stock worth $1,915,000 after buying an additional 49,718 shares in the last quarter. 90.29% of the stock is currently owned by institutional investors.

Victoria's Secret & Co. Company Profile

Victoria's Secret & Co operates as a specialty retailer of women's intimate, and other apparel and beauty products worldwide. It offers bras, panties, lingerie, casual sleepwear, and athleisure and swim, as well as fragrances and body care; and loungewear, knit tops, activewear, and accessories and beauty under the Victoria's Secret, PINK, and Adore Me brands.