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

Yousif Capital Management LLC lessened its position in Victoria’s Secret & Co. (NYSE:VSCO) by 2.5% in the 4th quarter, according to its most recent 13F filing with the Securities and 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 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Hengehold Capital Management LLC purchased a new position in Victoria’s Secret & Co. during the 3rd quarter valued at $277,000. Blue Trust Inc. boosted its stake in shares of Victoria’s Secret & Co. by 741.4% during the third quarter. Blue Trust Inc. now owns 1,708 shares of the company’s stock valued at $44,000 after purchasing an additional 1,505 shares during the period. Everence Capital Management Inc. bought a new position in shares of Victoria’s Secret & Co. in the third quarter worth about $216,000. Carolina Wealth Advisors LLC bought a new position in Victoria’s Secret & Co. in the 3rd quarter worth about $92,000. Finally, Patriot Financial Group Insurance Agency LLC bought a new position in Victoria’s Secret & Co. in the third quarter worth approximately $301,000. 90.29% of the stock is owned by hedge funds and other institutional investors.

Victoria’s Secret & Co. Price Performance

Shares of NYSE VSCO opened at $32.49 on Friday. Victoria’s Secret & Co. has a 52 week low of $15.12 and a 52 week high of $48.73. The company has a quick ratio of 0.33, a current ratio of 1.17 and a debt-to-equity ratio of 3.12. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 16.83, a price-to-earnings-growth ratio of 1.31 and a beta of 2.11. The firm has a 50-day simple moving average of $39.43 and a 200-day simple moving average of $31.60.

Victoria’s Secret & Co. (NYSE:VSCO) last released its quarterly earnings data 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 firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the prior year, the firm posted ($0.86) earnings per share. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. On average, equities analysts predict that Victoria’s Secret & Co. will post 2.37 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. JPMorgan Chase & Co. upgraded shares of Victoria’s Secret & Co. from an “underweight” rating to a “neutral” rating and boosted their price target for the company from $29.00 to $45.00 in a report on Monday, December 9th. UBS Group upgraded Victoria’s Secret & Co. from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $18.00 to $47.00 in a research note on Tuesday, December 10th. TD Cowen upped their target price on Victoria’s Secret & Co. from $35.00 to $45.00 and gave the company a “hold” rating in a research report on Monday, December 9th. Barclays raised shares of Victoria’s Secret & Co. from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $51.00 to $53.00 in a report on Tuesday, January 28th. Finally, Telsey Advisory Group reduced their price target on Victoria’s Secret & Co. from $50.00 to $40.00 and set a “market perform” rating for the company in a research report on Thursday, January 30th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $42.36.

Victoria’s Secret & Co. Company 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.