Allianz Asset Management GmbH Increases Stake in Victoria’s Secret & Co. $VSCO

Allianz Asset Management GmbH grew its position in Victoria’s Secret & Co. (NYSE:VSCO) by 106.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,006,679 shares of the company’s stock after purchasing an additional 519,481 shares during the quarter. Allianz Asset Management GmbH’s holdings in Victoria’s Secret & Co. were worth $27,321,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new stake in shares of Victoria’s Secret & Co. during the second quarter valued at approximately $35,000. Hara Capital LLC bought a new position in Victoria’s Secret & Co. in the 2nd quarter valued at approximately $36,000. State of Wyoming purchased a new stake in Victoria’s Secret & Co. during the 3rd quarter valued at $48,000. Lazard Asset Management LLC increased its holdings in shares of Victoria’s Secret & Co. by 7.7% in the 2nd quarter. Lazard Asset Management LLC now owns 7,258 shares of the company’s stock worth $133,000 after purchasing an additional 521 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Victoria’s Secret & Co. in the second quarter worth $200,000. Institutional investors own 90.29% of the company’s stock.

Victoria’s Secret & Co. Price Performance

Shares of NYSE:VSCO opened at $58.98 on Friday. The company has a debt-to-equity ratio of 1.96, a current ratio of 1.30 and a quick ratio of 0.38. Victoria’s Secret & Co. has a 1-year low of $13.76 and a 1-year high of $66.89. The firm’s 50 day simple moving average is $55.59 and its two-hundred day simple moving average is $37.44. The company has a market capitalization of $4.73 billion, a P/E ratio of 28.77, a P/E/G ratio of 2.30 and a beta of 2.21.

Victoria’s Secret & Co. (NYSE:VSCO) last announced its quarterly earnings data on Friday, December 5th. The company reported ($0.27) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.33. Victoria’s Secret & Co. had a net margin of 2.67% and a return on equity of 33.47%. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the firm posted ($0.50) EPS. The company’s revenue was up 9.2% on a year-over-year basis. Victoria’s Secret & Co. has set its FY 2025 guidance at 2.400-2.650 EPS and its Q4 2025 guidance at 2.200-2.45 EPS. Research analysts expect that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on VSCO. Zacks Research upgraded shares of Victoria’s Secret & Co. from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 8th. UBS Group increased their price objective on shares of Victoria’s Secret & Co. from $60.00 to $73.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Bank of America upgraded shares of Victoria’s Secret & Co. from an “underperform” rating to a “neutral” rating and set a $52.00 target price on the stock in a report on Monday, December 8th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Victoria’s Secret & Co. in a research note on Monday, December 29th. Finally, The Goldman Sachs Group raised their price target on Victoria’s Secret & Co. from $47.00 to $53.00 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.20.

Victoria’s Secret & Co. Profile

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.