XTX Topco Ltd Makes New $412,000 Investment in Victoria's Secret & Co. (NYSE:VSCO)

XTX Topco Ltd bought a new stake in shares of Victoria's Secret & Co. (NYSE:VSCO - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 16,043 shares of the company's stock, valued at approximately $412,000.

Other hedge funds have also recently bought and sold shares of the company. SummerHaven Investment Management LLC boosted its holdings in Victoria's Secret & Co. by 1.9% during the second quarter. SummerHaven Investment Management LLC now owns 37,538 shares of the company's stock worth $663,000 after buying an additional 715 shares in the last quarter. Louisiana State Employees Retirement System grew its holdings in shares of Victoria's Secret & Co. by 2.6% in the 2nd quarter. Louisiana State Employees Retirement System now owns 39,400 shares of the company's stock worth $696,000 after acquiring an additional 1,000 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Victoria's Secret & Co. by 16.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 652,439 shares of the company's stock worth $11,529,000 after acquiring an additional 91,712 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Victoria's Secret & Co. by 8.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,615 shares of the company's stock worth $294,000 after purchasing an additional 1,280 shares during the period. Finally, Rhumbline Advisers lifted its holdings in shares of Victoria's Secret & Co. by 23.2% during the second quarter. Rhumbline Advisers now owns 245,699 shares of the company's stock valued at $4,341,000 after purchasing an additional 46,189 shares during the last quarter. 90.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on VSCO. BMO Capital Markets lifted their price target on Victoria's Secret & Co. from $33.00 to $46.00 and gave the stock an "outperform" rating in a research note on Friday, December 6th. Bank of America lifted their target price on shares of Victoria's Secret & Co. from $18.00 to $21.00 and gave the stock an "underperform" rating in a research report on Friday, August 30th. Jefferies Financial Group upped their price target on shares of Victoria's Secret & Co. from $30.00 to $40.00 and gave the company a "buy" rating in a research report on Tuesday, November 12th. TD Cowen raised their price objective on shares of Victoria's Secret & Co. from $35.00 to $45.00 and gave the stock a "hold" rating in a research note on Monday, December 9th. Finally, Telsey Advisory Group reissued a "market perform" rating and set a $40.00 target price on shares of Victoria's Secret & Co. in a research note on Friday, December 6th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $36.73.

Victoria's Secret & Co. Stock Down 5.8 %

Shares of NYSE VSCO traded down $2.82 during mid-day trading on Monday, reaching $45.89. The company had a trading volume of 1,635,630 shares, compared to its average volume of 2,705,366. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.31 and a current ratio of 1.17. Victoria's Secret & Co. has a twelve month low of $15.12 and a twelve month high of $48.73. The stock's 50 day moving average is $34.98 and its 200-day moving average is $25.86. The stock has a market capitalization of $3.61 billion, a PE ratio of 23.78, a price-to-earnings-growth ratio of 2.88 and a beta of 2.19.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last issued its earnings results on Thursday, December 5th. The company reported ($0.50) EPS for the quarter, beating analysts' consensus estimates of ($0.62) by $0.12. Victoria's Secret & Co. had a return on equity of 44.74% and a net margin of 2.47%. The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the company posted ($0.86) earnings per share. The business's quarterly revenue was up 6.5% compared to the same quarter last year. As a group, equities analysts anticipate that Victoria's Secret & Co. will post 2.31 earnings per share for the current fiscal year.

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.