Victoria’s Secret & Co. (NYSE:VSCO) Shares Sold by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp trimmed its position in Victoria’s Secret & Co. (NYSE:VSCO) by 8.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 62,351 shares of the company’s stock after selling 5,419 shares during the period. Texas Permanent School Fund Corp owned about 0.08% of Victoria’s Secret & Co. worth $1,102,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Treasurer of the State of North Carolina boosted its holdings in Victoria’s Secret & Co. by 1.0% in the 4th quarter. Treasurer of the State of North Carolina now owns 34,163 shares of the company’s stock worth $907,000 after buying an additional 340 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Victoria’s Secret & Co. by 5.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 11,203 shares of the company’s stock worth $297,000 after buying an additional 628 shares during the last quarter. SummerHaven Investment Management LLC boosted its holdings in shares of Victoria’s Secret & Co. by 1.9% during the 2nd quarter. SummerHaven Investment Management LLC now owns 37,538 shares of the company’s stock worth $663,000 after purchasing an additional 715 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Victoria’s Secret & Co. by 24.3% during the 4th quarter. Quadrant Capital Group LLC now owns 4,037 shares of the company’s stock worth $107,000 after purchasing an additional 790 shares during the last quarter. Finally, Louisiana State Employees Retirement System boosted its holdings in shares of Victoria’s Secret & Co. by 2.6% during the 2nd quarter. Louisiana State Employees Retirement System now owns 39,400 shares of the company’s stock worth $696,000 after purchasing an additional 1,000 shares during the last quarter. 90.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. The Goldman Sachs Group boosted their target price on Victoria’s Secret & Co. from $17.00 to $19.00 and gave the stock a “sell” rating in a report on Friday, August 30th. Telsey Advisory Group boosted their target price on Victoria’s Secret & Co. from $24.00 to $27.00 and gave the stock a “market perform” rating in a report on Thursday, August 29th. BMO Capital Markets boosted their target price on Victoria’s Secret & Co. from $26.00 to $29.00 and gave the stock an “outperform” rating in a report on Thursday, August 29th. Barclays upgraded Victoria’s Secret & Co. from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $23.00 to $25.00 in a report on Wednesday. Finally, Bank of America boosted their target price on Victoria’s Secret & Co. from $18.00 to $21.00 and gave the stock an “underperform” rating in a report on Friday, August 30th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $23.60.

Victoria’s Secret & Co. Stock Down 1.5 %

VSCO stock opened at $25.59 on Friday. The firm has a market cap of $2.00 billion, a PE ratio of 19.68 and a beta of 2.13. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.31 and a current ratio of 1.00. The firm’s 50 day moving average price is $21.15 and its 200-day moving average price is $19.80. Victoria’s Secret & Co. has a one year low of $13.62 and a one year high of $30.80.

About Victoria’s Secret & Co.

Victoria's Secret & Co operates as a specialty retailer of women's intimate, and other apparel and beauty products worldwide. It offers bras, panties, lingerie, casual sleepwear, and athleisure and swim, as well as fragrances and body care; and loungewear, knit tops, activewear, and accessories and beauty under the Victoria's Secret, PINK, and Adore Me brands.