47,398 Shares in Victoria's Secret & Co. (NYSE:VSCO) Acquired by Oliver Luxxe Assets LLC

Oliver Luxxe Assets LLC purchased a new position in Victoria's Secret & Co. (NYSE:VSCO - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 47,398 shares of the company's stock, valued at approximately $1,963,000. Oliver Luxxe Assets LLC owned approximately 0.06% of Victoria's Secret & Co. at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of VSCO. GAMMA Investing LLC lifted its holdings 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 valued at $144,000 after purchasing an additional 326 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in Victoria's Secret & Co. by 1.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 41,989 shares of the company's stock worth $1,079,000 after purchasing an additional 412 shares during the period. Farther Finance Advisors LLC lifted its holdings in 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 acquiring an additional 835 shares during the period. Virtus Fund Advisers LLC bought a new position in shares of Victoria's Secret & Co. in the 3rd quarter worth approximately $27,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in Victoria's Secret & Co. by 8.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,615 shares of the company's stock worth $294,000 after acquiring an additional 1,280 shares during the period. 90.29% of the stock is owned by hedge funds and other institutional investors.

Victoria's Secret & Co. Trading Down 5.3 %

VSCO stock traded down $2.22 during trading on Monday, hitting $39.64. The company had a trading volume of 2,100,012 shares, compared to its average volume of 1,750,049. Victoria's Secret & Co. has a 52-week low of $15.12 and a 52-week high of $48.73. The company has a 50 day simple moving average of $39.22 and a 200-day simple moving average of $28.06. The firm has a market capitalization of $3.12 billion, a P/E ratio of 20.54, a PEG ratio of 2.88 and a beta of 2.14. The company has a quick ratio of 0.31, a current ratio of 1.17 and a debt-to-equity ratio of 3.12.

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 for the quarter, beating the consensus estimate of ($0.62) by $0.12. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.29 billion. Victoria's Secret & Co. had a net margin of 2.47% and a return on equity of 44.74%. The company's revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.86) earnings per share. As a group, research analysts forecast that Victoria's Secret & Co. will post 2.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on VSCO shares. Morgan Stanley upped their price target on Victoria's Secret & Co. from $23.00 to $31.00 and gave the stock an "equal weight" rating in a research report on Thursday, December 5th. JPMorgan Chase & Co. raised Victoria's Secret & Co. from an "underweight" rating to a "neutral" rating and raised their price target for the company from $29.00 to $45.00 in a report on Monday, December 9th. Barclays raised Victoria's Secret & Co. from an "underweight" rating to an "equal weight" rating and upped their price objective for the stock from $23.00 to $25.00 in a research note on Wednesday, September 18th. Wells Fargo & Company reiterated an "equal weight" rating and set a $45.00 target price (up from $33.00) on shares of Victoria's Secret & Co. in a research report on Monday, December 9th. Finally, Jefferies Financial Group boosted their price target on shares of Victoria's Secret & Co. from $30.00 to $40.00 and gave the stock a "buy" rating in a research report on Tuesday, November 12th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $36.73.

Victoria's Secret & Co. 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.