Y Intercept Hong Kong Ltd Has $2.29 Million Holdings in Victoria’s Secret & Co. $VSCO

Y Intercept Hong Kong Ltd lifted its stake in shares of Victoria’s Secret & Co. (NYSE:VSCO) by 362.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 84,410 shares of the company’s stock after buying an additional 66,144 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Victoria’s Secret & Co. were worth $2,291,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of VSCO. Goldentree Asset Management LP raised its holdings in shares of Victoria’s Secret & Co. by 71.8% during the second quarter. Goldentree Asset Management LP now owns 2,989,087 shares of the company’s stock valued at $55,242,000 after purchasing an additional 1,249,065 shares during the period. Primecap Management Co. CA increased its position in Victoria’s Secret & Co. by 1,586.7% in the 2nd quarter. Primecap Management Co. CA now owns 1,972,333 shares of the company’s stock valued at $36,528,000 after buying an additional 1,855,400 shares in the last quarter. Bank of America Corp DE raised its stake in Victoria’s Secret & Co. by 44.2% during the 2nd quarter. Bank of America Corp DE now owns 1,415,200 shares of the company’s stock worth $26,210,000 after buying an additional 434,012 shares during the period. Marshall Wace LLP raised its stake in Victoria’s Secret & Co. by 2,729.6% during the 2nd quarter. Marshall Wace LLP now owns 923,823 shares of the company’s stock worth $17,109,000 after buying an additional 891,175 shares during the period. Finally, Barington Capital Group L.P. boosted its holdings in Victoria’s Secret & Co. by 255.1% in the second quarter. Barington Capital Group L.P. now owns 838,886 shares of the company’s stock worth $15,536,000 after acquiring an additional 602,670 shares in the last quarter. Institutional investors and hedge funds own 90.29% of the company’s stock.

Victoria’s Secret & Co. Trading Up 1.2%

Shares of VSCO stock opened at $56.54 on Thursday. Victoria’s Secret & Co. has a 52-week low of $13.76 and a 52-week high of $66.89. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.38 and a current ratio of 1.30. The company has a 50-day simple moving average of $53.14 and a two-hundred day simple moving average of $35.91. The company has a market capitalization of $4.54 billion, a price-to-earnings ratio of 27.58, a PEG ratio of 2.27 and a beta of 2.21.

Victoria’s Secret & Co. (NYSE:VSCO) last announced its earnings results on Friday, December 5th. The company reported ($0.27) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.60) by $0.33. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.41 billion. Victoria’s Secret & Co. had a return on equity of 33.47% and a net margin of 2.67%.The company’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.50) EPS. Victoria’s Secret & Co. has set its FY 2025 guidance at 2.400-2.650 EPS and its Q4 2025 guidance at 2.200-2.45 EPS. Research analysts anticipate that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Zacks Research raised shares of Victoria’s Secret & Co. from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 8th. UBS Group lifted their price objective on shares of Victoria’s Secret & Co. from $60.00 to $73.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Wall Street Zen upgraded shares of Victoria’s Secret & Co. from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $53.00 price target on shares of Victoria’s Secret & Co. in a research report on Thursday. Finally, Telsey Advisory Group raised Victoria’s Secret & Co. from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $50.00 to $66.00 in a report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Victoria’s Secret & Co. currently has an average rating of “Moderate Buy” and a consensus price target of $55.20.

Victoria’s Secret & Co. Profile

Victoria’s Secret & Co is a leading designer, manufacturer and marketer of intimate apparel, beauty products and accessories for women. The company operates a portfolio of brands that includes Victoria’s Secret, renowned for its lingerie, bras and sleepwear; PINK, a line targeting younger consumers with activewear and lifestyle products; and Victoria’s Secret Beauty, offering fragrances, cosmetics and personal care items. Products are sold through retail stores as well as direct-to-consumer channels, including e-commerce platforms and mobile applications.

The origins of Victoria’s Secret date back to 1977, when founders Roy and Gaye Raymond opened the first store in San Francisco.