FengHe Fund Management Pte. Ltd. Takes Position in Victoria’s Secret & Co. $VSCO

FengHe Fund Management Pte. Ltd. bought a new stake in shares of Victoria’s Secret & Co. (NYSE:VSCO) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 52,800 shares of the company’s stock, valued at approximately $978,000. Victoria’s Secret & Co. comprises approximately 0.2% of FengHe Fund Management Pte. Ltd.’s portfolio, making the stock its 22nd biggest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VSCO. Virtus Advisers LLC bought a new position in Victoria’s Secret & Co. during the first quarter valued at $30,000. NBC Securities Inc. lifted its holdings in shares of Victoria’s Secret & Co. by 141,000.0% in the 1st quarter. NBC Securities Inc. now owns 2,822 shares of the company’s stock valued at $52,000 after acquiring an additional 2,820 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of Victoria’s Secret & Co. by 677.4% in the 1st quarter. Allworth Financial LP now owns 3,063 shares of the company’s stock valued at $57,000 after acquiring an additional 2,669 shares during the last quarter. KBC Group NV lifted its holdings in shares of Victoria’s Secret & Co. by 40.8% in the 1st quarter. KBC Group NV now owns 3,904 shares of the company’s stock valued at $73,000 after acquiring an additional 1,132 shares during the last quarter. Finally, Fifth Third Bancorp lifted its holdings in shares of Victoria’s Secret & Co. by 75.3% in the 2nd quarter. Fifth Third Bancorp now owns 4,801 shares of the company’s stock valued at $89,000 after acquiring an additional 2,062 shares during the last quarter. 90.29% of the stock is currently owned by institutional investors.

Victoria’s Secret & Co. Stock Up 8.1%

NYSE:VSCO opened at $29.35 on Thursday. Victoria’s Secret & Co. has a twelve month low of $13.76 and a twelve month high of $48.73. The company has a market cap of $2.35 billion, a price-to-earnings ratio of 16.30, a price-to-earnings-growth ratio of 1.47 and a beta of 2.22. The stock has a fifty day simple moving average of $23.50 and a 200-day simple moving average of $20.96. The company has a current ratio of 1.14, a quick ratio of 0.36 and a debt-to-equity ratio of 1.48.

Victoria’s Secret & Co. (NYSE:VSCO) last posted its quarterly earnings results on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.20. Victoria’s Secret & Co. had a net margin of 2.42% and a return on equity of 33.77%. The firm had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the firm posted $0.40 earnings per share. The company’s revenue was up 2.9% on a year-over-year basis. Victoria’s Secret & Co. has set its Q3 2025 guidance at -0.75–0.550 EPS. FY 2025 guidance at EPS. Analysts anticipate that Victoria’s Secret & Co. will post 2.37 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on VSCO shares. The Goldman Sachs Group raised their price objective on Victoria’s Secret & Co. from $16.00 to $18.00 and gave the company a “sell” rating in a research note on Friday, August 29th. Jefferies Financial Group lowered their price target on Victoria’s Secret & Co. from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Friday, August 29th. Barclays raised their target price on shares of Victoria’s Secret & Co. from $23.00 to $27.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Bank of America raised 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 report on Friday, August 29th. Finally, UBS Group raised their target price on shares of Victoria’s Secret & Co. from $21.00 to $25.00 and gave the stock a “neutral” rating in a report on Friday, August 29th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $26.73.

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.