1 week Ago By Defense World Staff
JPMorgan Chase & Co. grew its position in shares of Victoria’s Secret & Co. (NYSE:VSCO – Free Report) by 84.
9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 581,847 shares of the company’s stock after acquiring an additional 267,080 shares during the quarter. JPMorgan Chase & Co.
owned 0.74% of Victoria’s Secret & Co. worth $24,100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors also recently modified their holdings of the business. WINTON GROUP Ltd increased its holdings in Victoria’s Secret & Co. by 17.
0% during the 4th quarter. WINTON GROUP Ltd now owns 192,951 shares of the company’s stock worth $7,992,000 after acquiring an additional 28,052 shares during the period. Prudential Financial Inc.
grew its position in shares of Victoria’s Secret & Co. by 1.7% in the 4th quarter.
Prudential Financial Inc. now owns 82,460 shares of the company’s stock worth $3,415,000 after buying an additional 1,360 shares during the last quarter. Vanguard Group Inc.
boosted its holdings in Victoria’s Secret & Co. by 0.7% in the fourth quarter.
Vanguard Group Inc. now owns 8,927,889 shares of the company’s stock valued at $369,793,000 after acquiring an additional 58,981 shares in the last quarter. LPL Financial LLC purchased a new position in shares of Victoria’s Secret & Co.
during the fourth quarter valued at about $268,000. Finally, KLP Kapitalforvaltning AS bought a new position in shares of Victoria’s Secret & Co. in the 4th quarter worth approximately $617,000.
90.29% of the stock is owned by institutional investors. Insider Activity at Victoria’s Secret & Co.
In other Victoria’s Secret & Co. news, major shareholder International Pte Ltd Bbrc bought 85,145 shares of Victoria’s Secret & Co. stock in a transaction dated Wednesday, March 26th.
The shares were acquired at an average cost of $19.47 per share, with a total value of $1,657,773.15.
Following the acquisition, the insider now directly owns 9,389,805 shares of the company’s stock, valued at $182,819,503.35. The trade was a 0.
92 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders purchased a total of 1,503,973 shares of company stock worth $26,617,312 in the last ninety days.
1.10% of the stock is currently owned by insiders. Victoria’s Secret & Co.
Stock Up 18.3 %Shares of Victoria’s Secret & Co. stock opened at $19.
89 on Thursday. The company has a market cap of $1.56 billion, a P/E ratio of 10.
30, a PEG ratio of 1.15 and a beta of 2.26.
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 $24.00 and a two-hundred day moving average of $31.
56. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.
33 and a current ratio of 1.17. Victoria’s Secret & Co.
(NYSE:VSCO – Get Free Report) last announced its earnings results on Wednesday, March 5th. The company reported $2.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.
30 by $0.30. Victoria’s Secret & Co.
had a net margin of 2.47% and a return on equity of 44.74%.
The company had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.10 billion.
On average, analysts forecast that Victoria’s Secret & Co. will post 2.37 earnings per share for the current year.
Wall Street Analyst Weigh InSeveral equities research analysts have commented on VSCO shares. Cowen reissued a “hold” rating on shares of Victoria’s Secret & Co. in a report on Friday, March 7th.
BMO Capital Markets cut their price target on Victoria’s Secret & Co. from $46.00 to $31.
00 and set an “outperform” rating for the company in a research note on Thursday, March 6th. The Goldman Sachs Group decreased their target price on Victoria’s Secret & Co. from $35.
00 to $19.00 and set a “sell” rating on the stock in a report on Monday, March 10th. Barclays decreased their price objective on shares of Victoria’s Secret & Co.
from $53.00 to $38.00 and set an “overweight” rating on the stock in a research report on Friday, March 7th.
Finally, JPMorgan Chase & Co. dropped their price target on Victoria’s Secret & Co. from $43.
00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday, March 6th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock.
According to data from MarketBeat, Victoria’s Secret & Co. currently has an average rating of “Hold” and a consensus target price of $31.73.
Check Out Our Latest Analysis on Victoria’s Secret & Co.About Victoria’s Secret & Co. (Free Report)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. Recommended StoriesFive stocks we like better than Victoria’s Secret & Co.
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