Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna Invests $580,000 in Victoria’s Secret & Co. $VSXY

by · The Markets Daily

Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new position in shares of Victoria’s Secret & Co. (NYSE:VSXY – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,700 shares of the company’s stock, valued at approximately $580,000.

Several other large investors have also modified their holdings of VSXY. Aster Capital Management DIFC Ltd bought a new position in shares of Victoria’s Secret & Co. during the third quarter worth about $30,000. Hantz Financial Services Inc. raised its stake in Victoria’s Secret & Co. by 104.3% during the fourth quarter. Hantz Financial Services Inc. now owns 811 shares of the company’s stock worth $44,000 after acquiring an additional 414 shares during the period. State of Wyoming acquired a new stake in Victoria’s Secret & Co. during the third quarter worth about $48,000. Quantbot Technologies LP acquired a new stake in Victoria’s Secret & Co. during the third quarter worth about $53,000. Finally, Leonteq Securities AG acquired a new stake in Victoria’s Secret & Co. during the fourth quarter worth about $54,000. Institutional investors own 90.29% of the company’s stock.

Insider Buying and Selling at Victoria’s Secret & Co.

In other Victoria’s Secret & Co. news, major shareholder International Pte Ltd Bbrc sold 27,758 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $80.03, for a total value of $2,221,472.74. Following the sale, the insider owned 9,175,201 shares in the company, valued at approximately $734,291,336.03. This trade represents a 0.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Anne Sheehan purchased 4,842 shares of the company’s stock in a transaction on Thursday, April 2nd. The stock was purchased at an average price of $45.86 per share, for a total transaction of $222,054.12. Following the purchase, the director directly owned 34,261 shares of the company’s stock, valued at $1,571,209.46. This trade represents a 16.46% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.52% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Wall Street Zen lowered shares of Victoria’s Secret & Co. from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 5th. TD Cowen increased their price objective on shares of Victoria’s Secret & Co. from $50.00 to $75.00 and gave the stock a “hold” rating in a research note on Thursday. Weiss Ratings lowered shares of Victoria’s Secret & Co. from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, April 27th. Wells Fargo & Company increased their price objective on shares of Victoria’s Secret & Co. from $57.00 to $90.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Jefferies Financial Group lowered shares of Victoria’s Secret & Co. from a “buy” rating to a “hold” rating and increased their price objective for the stock from $65.00 to $73.00 in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $79.80.

View Our Latest Analysis on VSXY

Victoria’s Secret & Co. Price Performance

Shares of NYSE:VSXY opened at $74.41 on Friday. The firm’s 50 day moving average is $51.60 and its two-hundred day moving average is $52.75. Victoria’s Secret & Co. has a 52 week low of $17.53 and a 52 week high of $81.28. The firm has a market capitalization of $5.91 billion, a P/E ratio of 40.01, a PEG ratio of 0.67 and a beta of 2.16. The company has a current ratio of 1.25, a quick ratio of 0.54 and a debt-to-equity ratio of 1.07.

Victoria’s Secret & Co. (NYSE:VSXY – Get Free Report) last announced its quarterly earnings results on Tuesday, June 2nd. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.29 by $0.31. Victoria’s Secret & Co. had a net margin of 3.11% and a return on equity of 38.95%. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter last year, the business earned $0.09 earnings per share. Analysts anticipate that Victoria’s Secret & Co. will post 4.07 earnings per share for the current year.

Victoria’s Secret & Co. Company Profile

(Free Report)

Victoria’s Secret & Co is a leading designer, manufacturer and marketer of intimate apparel, beauty products and accessories for women. The company operates a portfolio of brands that includes Victoria’s Secret, renowned for its lingerie, bras and sleepwear; PINK, a line targeting younger consumers with activewear and lifestyle products; and Victoria’s Secret Beauty, offering fragrances, cosmetics and personal care items. Products are sold through retail stores as well as direct-to-consumer channels, including e-commerce platforms and mobile applications.

The origins of Victoria’s Secret date back to 1977, when founders Roy and Gaye Raymond opened the first store in San Francisco.

See Also

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