WINTON GROUP Ltd Purchases 28,052 Shares of Victoria's Secret & Co. (NYSE:VSCO)

WINTON GROUP Ltd increased its holdings in shares of Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 17.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 192,951 shares of the company's stock after purchasing an additional 28,052 shares during the period. WINTON GROUP Ltd owned approximately 0.25% of Victoria's Secret & Co. worth $7,992,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Prudential Financial Inc. raised its holdings in shares of Victoria's Secret & Co. by 1.7% in the 4th quarter. Prudential Financial Inc. now owns 82,460 shares of the company's stock worth $3,415,000 after acquiring an additional 1,360 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Victoria's Secret & Co. by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 8,927,889 shares of the company's stock worth $369,793,000 after purchasing an additional 58,981 shares during the last quarter. LPL Financial LLC bought a new position in shares of Victoria's Secret & Co. in the fourth quarter valued at approximately $268,000. KLP Kapitalforvaltning AS purchased a new position in shares of Victoria's Secret & Co. during the fourth quarter valued at approximately $617,000. Finally, American Century Companies Inc. grew its stake in shares of Victoria's Secret & Co. by 16.7% in the 4th quarter. American Century Companies Inc. now owns 204,606 shares of the company's stock worth $8,475,000 after acquiring an additional 29,298 shares in the last quarter. 90.29% of the stock is owned by institutional investors and hedge funds.

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Victoria's Secret & Co. Stock Performance

NYSE VSCO traded down $0.40 during trading on Monday, hitting $17.93. 810,724 shares of the company's stock traded hands, compared to its average volume of 3,303,422. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.33 and a current ratio of 1.17. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 9.31, a PEG ratio of 1.15 and a beta of 2.16. Victoria's Secret & Co. has a 12-month low of $15.12 and a 12-month high of $48.73. The business has a 50 day moving average of $27.94 and a 200-day moving average of $32.13.

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 (EPS) for the quarter, beating the consensus estimate of $2.30 by $0.30. The company 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, equities research analysts anticipate that Victoria's Secret & Co. will post 2.37 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on VSCO shares. Telsey Advisory Group reduced their price objective on shares of 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. Bank of America reduced their target price on Victoria's Secret & Co. from $40.00 to $35.00 and set an "underperform" rating for the company in a report on Thursday, January 30th. UBS Group dropped their price target on Victoria's Secret & Co. from $47.00 to $34.00 and set a "neutral" rating on the stock in a report on Thursday, February 27th. The Goldman Sachs Group reduced their price objective on Victoria's Secret & Co. from $35.00 to $19.00 and set a "sell" rating for the company in a research note on Monday, March 10th. Finally, BMO Capital Markets lowered their target price on Victoria's Secret & Co. from $46.00 to $31.00 and set an "outperform" rating on the stock in a research note on Thursday, March 6th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $31.73.

Insider Transactions at Victoria's Secret & Co.

In other news, major shareholder International Pte Ltd Bbrc purchased 85,145 shares of the stock in a transaction dated Wednesday, March 26th. The shares were purchased at an average cost of $19.47 per share, with a total value of $1,657,773.15. Following the completion of the acquisition, the insider now owns 9,389,805 shares in the company, valued at $182,819,503.35. This represents a 0.92 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders purchased 707,473 shares of company stock valued at $12,393,117 over the last three months. Company insiders own 1.10% of the company's stock.

Victoria's Secret & Co. 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.