Eisler Capital Management Ltd. lifted its stake in Victoria’s Secret & Co. (NYSE:VSCO – Free Report) by 4.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 72,492 shares of the company’s stock after acquiring an additional 2,974 shares during the period. Eisler Capital Management Ltd.’s holdings in Victoria’s Secret & Co. were worth $1,342,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Virtus Advisers LLC acquired a new position in Victoria’s Secret & Co. in the first quarter valued at $30,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Victoria’s Secret & Co. in the 2nd quarter valued at about $35,000. 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 purchasing an additional 2,062 shares during the last quarter. Erste Asset Management GmbH boosted its position in shares of Victoria’s Secret & Co. by 1,824.5% in the 1st quarter. Erste Asset Management GmbH now owns 8,333 shares of the company’s stock valued at $147,000 after purchasing an additional 7,900 shares during the period. Finally, GAMMA Investing LLC grew its stake in Victoria’s Secret & Co. by 270.6% during the 2nd quarter. GAMMA Investing LLC now owns 9,105 shares of the company’s stock worth $169,000 after buying an additional 6,648 shares during the last quarter. 90.29% of the stock is currently owned by institutional investors and hedge funds.
Victoria’s Secret & Co. Stock Up 0.3%
Shares of Victoria’s Secret & Co. stock opened at $36.81 on Tuesday. The company has a market cap of $2.95 billion, a P/E ratio of 20.45, a PEG ratio of 1.95 and a beta of 2.26. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.36 and a current ratio of 1.14. Victoria’s Secret & Co. has a one year low of $13.76 and a one year high of $48.73. The firm has a fifty day moving average of $31.50 and a two-hundred day moving average of $24.91.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the company. UBS Group reiterated a “buy” rating on shares of Victoria’s Secret & Co. in a research note on Monday. Zacks Research upgraded shares of Victoria’s Secret & Co. to a “hold” rating in a research report on Monday, August 11th. Morgan Stanley reiterated a “reduce” rating on shares of Victoria’s Secret & Co. in a research note on Friday, September 12th. JPMorgan Chase & Co. lifted their price objective on shares of Victoria’s Secret & Co. from $27.00 to $28.00 and gave the company a “neutral” rating in a research note on Monday, September 15th. Finally, Barclays upped their target price on shares of Victoria’s Secret & Co. from $23.00 to $27.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $29.91.
Check Out Our Latest Analysis on Victoria’s Secret & Co.
Victoria’s Secret & Co. 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.
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