Landscape Capital Management L.L.C. Purchases 138,763 Shares of Victoria’s Secret & Co. $VSCO

Landscape Capital Management L.L.C. boosted its position in shares of Victoria’s Secret & Co. (NYSE:VSCO) by 277.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 188,788 shares of the company’s stock after purchasing an additional 138,763 shares during the period. Landscape Capital Management L.L.C. owned about 0.24% of Victoria’s Secret & Co. worth $3,508,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VSCO. Point72 Hong Kong Ltd bought a new position in shares of Victoria’s Secret & Co. in the fourth quarter worth about $37,693,000. Cramer Rosenthal Mcglynn LLC raised its stake in shares of Victoria’s Secret & Co. by 163.0% in the first quarter. Cramer Rosenthal Mcglynn LLC now owns 1,406,865 shares of the company’s stock worth $26,140,000 after acquiring an additional 871,968 shares during the last quarter. Point72 Asset Management L.P. bought a new position in shares of Victoria’s Secret & Co. in the fourth quarter worth about $24,940,000. Victory Capital Management Inc. raised its stake in shares of Victoria’s Secret & Co. by 54.2% in the first quarter. Victory Capital Management Inc. now owns 1,430,016 shares of the company’s stock worth $26,570,000 after acquiring an additional 502,622 shares during the last quarter. Finally, Federated Hermes Inc. raised its stake in shares of Victoria’s Secret & Co. by 330.6% in the first quarter. Federated Hermes Inc. now owns 570,073 shares of the company’s stock worth $10,592,000 after acquiring an additional 437,688 shares during the last quarter. 90.29% of the stock is owned by institutional investors.

Analyst Ratings Changes

VSCO has been the subject of a number of research analyst reports. Zacks Research raised shares of Victoria’s Secret & Co. to a “hold” rating in a research note on Monday, August 11th. JPMorgan Chase & Co. lifted their price target on shares of Victoria’s Secret & Co. from $22.00 to $27.00 and gave the stock a “neutral” rating in a research report on Monday, July 28th. Barclays reiterated an “overweight” rating and set a $23.00 price target (up previously from $22.00) on shares of Victoria’s Secret & Co. in a research report on Thursday, June 12th. Jefferies Financial Group lowered their price target on shares of Victoria’s Secret & Co. from $42.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, May 21st. Finally, Morgan Stanley reiterated a “positive” rating on shares of Victoria’s Secret & Co. in a research report on Thursday, June 12th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Victoria’s Secret & Co. currently has a consensus rating of “Hold” and a consensus target price of $24.73.

Victoria’s Secret & Co. Stock Up 3.8%

Shares of NYSE VSCO opened at $22.83 on Thursday. The stock has a market cap of $1.82 billion, a P/E ratio of 11.42, a P/E/G ratio of 1.21 and a beta of 2.17. The firm has a 50 day moving average price of $20.38 and a 200 day moving average price of $21.00. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.33 and a current ratio of 1.16. Victoria’s Secret & Co. has a 52-week low of $13.76 and a 52-week high of $48.73.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its quarterly earnings data on Wednesday, June 11th. The company reported $0.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.09. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Victoria’s Secret & Co. had a net margin of 2.69% and a return on equity of 37.76%. The business’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.12 earnings per share. Victoria’s Secret & Co. has set its Q2 2025 guidance at 0.000-0.150 EPS. FY 2025 guidance at EPS. Analysts expect that Victoria’s Secret & Co. will post 2.37 EPS for the current year.

Victoria’s Secret & Co. Company 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.