Victoria’s Secret & Co. (NYSE:VSCO) Holdings Lifted by Yarger Wealth Strategies LLC

Yarger Wealth Strategies LLC boosted its position in shares of Victoria’s Secret & Co. (NYSE:VSCO) by 10.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,198 shares of the company’s stock after purchasing an additional 1,168 shares during the period. Yarger Wealth Strategies LLC’s holdings in Victoria’s Secret & Co. were worth $324,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. CWM LLC increased its stake in shares of Victoria’s Secret & Co. by 126.8% in the third quarter. CWM LLC now owns 1,635 shares of the company’s stock worth $27,000 after purchasing an additional 914 shares during the period. Parkside Financial Bank & Trust boosted its holdings in shares of Victoria’s Secret & Co. by 774.0% in the 1st quarter. Parkside Financial Bank & Trust now owns 638 shares of the company’s stock worth $33,000 after acquiring an additional 565 shares in the last quarter. Lazard Asset Management LLC acquired a new position in shares of Victoria’s Secret & Co. in the 2nd quarter worth approximately $40,000. Captrust Financial Advisors boosted its holdings in shares of Victoria’s Secret & Co. by 26.7% in the 2nd quarter. Captrust Financial Advisors now owns 1,561 shares of the company’s stock worth $44,000 after acquiring an additional 329 shares in the last quarter. Finally, Quarry LP acquired a new position in shares of Victoria’s Secret & Co. in the 1st quarter worth approximately $46,000. Institutional investors and hedge funds own 90.29% of the company’s stock.

Victoria’s Secret & Co. Stock Performance

VSCO opened at $19.39 on Friday. The business’s 50-day moving average price is $24.70 and its two-hundred day moving average price is $22.37. Victoria’s Secret & Co. has a 1 year low of $13.62 and a 1 year high of $34.97. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of 14.26, a P/E/G ratio of 1.19 and a beta of 2.17. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.95 and a quick ratio of 0.31.

Analysts Set New Price Targets

Several research firms have issued reports on VSCO. Bank of America reaffirmed an “underperform” rating and set a $15.00 price objective (down previously from $34.00) on shares of Victoria’s Secret & Co. in a report on Friday, March 8th. Wells Fargo & Company reduced their price objective on Victoria’s Secret & Co. from $32.00 to $25.00 and set an “overweight” rating on the stock in a report on Thursday, March 7th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $15.00 price target (down previously from $22.00) on shares of Victoria’s Secret & Co. in a research note on Thursday, March 7th. Morgan Stanley increased their price target on Victoria’s Secret & Co. from $16.00 to $25.00 and gave the company an “equal weight” rating in a research note on Friday, December 1st. Finally, Telsey Advisory Group cut their price target on Victoria’s Secret & Co. from $29.00 to $20.00 and set a “market perform” rating on the stock in a research note on Thursday, March 7th. Three analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $22.00.

About Victoria’s Secret & Co.

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.