The most recent report that Mutual Advisors LLC provided to the Securities and Exchange Commission revealed that the firm had acquired a new stake in Victoria’s Secret & Co. (NYSE: VSCO) during the third quarter of this year. The corporation purchased 44,680 additional shares of its stock at close to $1,301.00. This brings the corporation’s total number of shares to close to 1,301.00.
According to the most recent report that Mutual Advisors LLC has filed with the Securities and Exchange Commission, that firm owns approximately 0.05% of Victoria’s Secret & Co. shares.
Recent transactions have resulted in several institutional investors and other hedge funds modifying the amount of the company’s stock that they currently hold in their portfolios. The Manufacturers Life Insurance Company increased the amount of Victoria’s Secret & Co. stock by 17.1 percent during the third quarter of the current fiscal year. The Manufacturers Life Insurance Company now has 66,995 shares of the company, which are currently valued at $1,951,000 following the purchase of an additional 9,770 shares during the most recent quarter. Royce & Associates L.P.
Increased the amount of Victoria’s Secret & Co. stock that it held by 6.1% during the third quarter. Following the acquisition of an additional 17,300 shares during the preceding quarter, Royce & Associates L.P. now holds 302,538 shares of the company’s stock, currently valued at $8,810,000. This brings the total number of shares held by the firm to 302,538. Rockefeller Capital Management L.P.
Increased the amount of Victoria’s Secret & Co. stock owned by 178.9% during the third quarter of the fiscal year.
After purchasing an additional 551 shares during the most recent quarter, Rockefeller Capital Management L.P. now holds a total of 859 shares of the company’s stock, which is $25,000. This brings the total number of shares owned by the firm to 859.
PDS Planning Inc.
Made a further investment of approximately $190,000 during the third quarter by purchasing additional Victoria’s Secret & Co shares.
In addition, the Oregon Public Employees Retirement Fund increased the amount of Victoria’s Secret & Co. stock that is owned by 22.8% during the third quarter of this year. The Oregon Public Employees Retirement Fund is now the owner of a total of 24,258 shares of the company, which are worth a combined total of $706,000. This was accomplished by purchasing an additional 4,511 shares during the preceding quarter.
Institutional investors and hedge funds control 87.62% of the company’s shares.
Several research analysts have recently provided commentary on the VSCO stock.
The recommendation that the UBS Group has given for Victoria’s Secret & Co. has been changed from “neutral” to “sell” in a research report published on Thursday, January 5th. Cowen raised their price objective for Victoria’s Secret & Co. from $35.00 to $45.00 in a research report published on Friday, December 2nd.
Evercore ISI stated in a research note released on Friday, December 2nd, that they were increasing their price objective on Victoria’s Secret & Co. to $60. The price objective that BMO Capital Markets has placed on Victoria’s Secret & Co. has increased from $45.00 to $53.00, as stated in a research report published on December 1st.
In a research report released on Friday, January 13th, Barclays downgraded Victoria’s Secret.
Leave a comment