Quest Partners LLC Sells 916 Shares of Victoria’s Secret & Co. (NYSE:VSCO)

Quest Partners LLC lessened its position in Victoria’s Secret & Co. (NYSE:VSCO) by 19.3% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 3,834 shares of the company’s stock after selling 916 shares during the period. Quest Partners LLC’s holdings in Victoria’s Secret & Co. were worth $68,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bayberry Capital Partners LP bought a new stake in Victoria’s Secret & Co. during the 1st quarter valued at $11,919,000. Norges Bank acquired a new position in shares of Victoria’s Secret & Co. during the fourth quarter valued at about $8,986,000. 12 West Capital Management LP bought a new stake in shares of Victoria’s Secret & Co. during the first quarter worth about $5,330,000. Natixis raised its holdings in shares of Victoria’s Secret & Co. by 1,100,000.0% in the 1st quarter. Natixis now owns 275,025 shares of the company’s stock worth $5,330,000 after acquiring an additional 275,000 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in Victoria’s Secret & Co. by 16.1% in the 2nd quarter. Victory Capital Management Inc. now owns 1,858,150 shares of the company’s stock valued at $32,834,000 after acquiring an additional 258,059 shares in the last quarter. Institutional investors own 90.29% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Wells Fargo & Company increased their price objective on Victoria’s Secret & Co. from $28.00 to $30.00 and gave the stock an “overweight” rating in a research note on Thursday, August 29th. The Goldman Sachs Group increased their price target on Victoria’s Secret & Co. from $17.00 to $19.00 and gave the company a “sell” rating in a research report on Friday, August 30th. TD Cowen lifted their price objective on shares of Victoria’s Secret & Co. from $20.00 to $26.00 and gave the stock a “hold” rating in a report on Friday, August 30th. BMO Capital Markets increased their target price on shares of Victoria’s Secret & Co. from $26.00 to $29.00 and gave the company an “outperform” rating in a report on Thursday, August 29th. Finally, Barclays raised their price target on shares of Victoria’s Secret & Co. from $19.00 to $23.00 and gave the company an “underweight” rating in a research report on Friday, August 30th. Four investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $23.40.

Victoria’s Secret & Co. Trading Up 3.0 %

Shares of VSCO stock opened at $24.27 on Wednesday. The company has a quick ratio of 0.28, a current ratio of 1.00 and a debt-to-equity ratio of 2.27. The firm has a market cap of $1.90 billion, a P/E ratio of 18.67 and a beta of 2.13. The company has a 50 day moving average of $20.90 and a 200-day moving average of $19.72. Victoria’s Secret & Co. has a 12-month low of $13.62 and a 12-month high of $30.80.

Victoria’s Secret & Co. Company Profile

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.