6,084 Shares in Victoria’s Secret & Co. (NYSE:VSCO) Purchased by Investors Asset Management of Georgia Inc. GA ADV

Investors Asset Management of Georgia Inc. GA ADV bought a new stake in shares of Victoria’s Secret & Co. (NYSE:VSCO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,084 shares of the company’s stock, valued at approximately $252,000.

A number of other large investors have also recently made changes to their positions in VSCO. Blue Trust Inc. lifted its holdings in Victoria’s Secret & Co. by 741.4% in the third quarter. Blue Trust Inc. now owns 1,708 shares of the company’s stock valued at $44,000 after acquiring an additional 1,505 shares during the period. Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of Victoria’s Secret & Co. during the 3rd quarter valued at about $301,000. Nisa Investment Advisors LLC lifted its stake in shares of Victoria’s Secret & Co. by 26.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 14,006 shares of the company’s stock worth $360,000 after purchasing an additional 2,940 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of Victoria’s Secret & Co. by 13.6% in the third quarter. Farther Finance Advisors LLC now owns 6,955 shares of the company’s stock worth $179,000 after buying an additional 835 shares during the last quarter. Finally, Versor Investments LP purchased a new position in shares of Victoria’s Secret & Co. in the third quarter worth approximately $907,000. 90.29% of the stock is currently owned by institutional investors.

Victoria’s Secret & Co. Price Performance

VSCO stock opened at $29.27 on Friday. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.33 and a current ratio of 1.17. The company’s fifty day moving average price is $37.83 and its 200-day moving average price is $32.08. Victoria’s Secret & Co. has a one year low of $15.12 and a one year high of $48.73. The company has a market capitalization of $2.30 billion, a PE ratio of 15.17, a price-to-earnings-growth ratio of 1.17 and a beta of 2.11.

Victoria’s Secret & Co. (NYSE:VSCO) last announced its quarterly earnings results on Thursday, December 5th. The company reported ($0.50) EPS for the quarter, topping the consensus estimate of ($0.62) by $0.12. Victoria’s Secret & Co. had a net margin of 2.47% and a return on equity of 44.74%. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the company earned ($0.86) EPS. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. On average, equities analysts anticipate that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

Wall Street Analyst Weigh In

VSCO has been the topic of several recent research reports. The Goldman Sachs Group decreased their price target on shares of Victoria’s Secret & Co. from $40.00 to $35.00 and set a “sell” rating on the stock in a research report on Thursday, January 30th. TD Cowen raised their target price on Victoria’s Secret & Co. from $35.00 to $45.00 and gave the stock a “hold” rating in a report on Monday, December 9th. Jefferies Financial Group boosted their price target on Victoria’s Secret & Co. from $30.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. JPMorgan Chase & Co. upgraded Victoria’s Secret & Co. from an “underweight” rating to a “neutral” rating and upped their price target for the stock from $29.00 to $45.00 in a research report on Monday, December 9th. Finally, BMO Capital Markets lifted their price objective on Victoria’s Secret & Co. from $33.00 to $46.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $42.36.

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.