Yousif Capital Management LLC Sells 777 Shares of Victoria’s Secret & Co. (NYSE:VSCO)

Yousif Capital Management LLC lessened its stake in shares of Victoria’s Secret & Co. (NYSE:VSCO) by 2.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,764 shares of the company’s stock after selling 777 shares during the quarter. Yousif Capital Management LLC’s holdings in Victoria’s Secret & Co. were worth $1,233,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in VSCO. TriaGen Wealth Management LLC bought a new position in Victoria’s Secret & Co. during the fourth quarter valued at approximately $713,000. Oliver Luxxe Assets LLC bought a new position in shares of Victoria’s Secret & Co. during the 4th quarter valued at $1,963,000. Nisa Investment Advisors LLC lifted its holdings in shares of Victoria’s Secret & Co. by 23.4% during the 4th quarter. Nisa Investment Advisors LLC now owns 17,283 shares of the company’s stock valued at $716,000 after buying an additional 3,277 shares during the period. Crossmark Global Holdings Inc. purchased a new position in shares of Victoria’s Secret & Co. in the 4th quarter worth $206,000. Finally, Ballentine Partners LLC bought a new stake in shares of Victoria’s Secret & Co. in the fourth quarter worth $236,000. 90.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on VSCO shares. JPMorgan Chase & Co. raised Victoria’s Secret & Co. from an “underweight” rating to a “neutral” rating and increased their target price for the company from $29.00 to $45.00 in a report on Monday, December 9th. Jefferies Financial Group increased their price objective on shares of Victoria’s Secret & Co. from $30.00 to $40.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Telsey Advisory Group dropped their price objective on shares of Victoria’s Secret & Co. from $50.00 to $40.00 and set a “market perform” rating on the stock in a report on Thursday, January 30th. UBS Group raised shares of Victoria’s Secret & Co. from a “sell” rating to a “neutral” rating and upped their target price for the company from $18.00 to $47.00 in a report on Tuesday, December 10th. Finally, TD Cowen increased their price target on shares of Victoria’s Secret & Co. from $35.00 to $45.00 and gave the stock a “hold” rating in a research report on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $42.36.

Victoria’s Secret & Co. Stock Down 0.3 %

Shares of VSCO stock opened at $32.49 on Friday. The company’s fifty day moving average price is $39.43 and its 200-day moving average price is $31.60. 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 $2.55 billion, a price-to-earnings ratio of 16.83, a PEG ratio of 1.31 and a beta of 2.11. The company has a debt-to-equity ratio of 3.12, a current ratio of 1.17 and a quick ratio of 0.33.

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, beating analysts’ consensus estimates of ($0.62) by $0.12. Victoria’s Secret & Co. had a return on equity of 44.74% and a net margin of 2.47%. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the company earned ($0.86) earnings per share. The firm’s revenue was up 6.5% on a year-over-year basis. Sell-side analysts expect that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

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.