1 week Ago By Defense World Staff
KLP Kapitalforvaltning AS acquired a new stake in Savers Value Village, Inc. (NYSE:SVV – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,600 shares of the company’s stock, valued at approximately $57,000.
A number of other institutional investors and hedge funds have also made changes to their positions in SVV. AlphaQuest LLC acquired a new position in Savers Value Village in the 4th quarter valued at about $113,000. Handelsbanken Fonder AB purchased a new position in shares of Savers Value Village in the 4th quarter valued at approximately $138,000.
American Century Companies Inc. grew its stake in shares of Savers Value Village by 15.6% in the 4th quarter.
American Century Companies Inc. now owns 15,410 shares of the company’s stock valued at $158,000 after purchasing an additional 2,085 shares during the last quarter. Aigen Investment Management LP increased its holdings in shares of Savers Value Village by 11.
2% in the fourth quarter. Aigen Investment Management LP now owns 17,175 shares of the company’s stock valued at $176,000 after purchasing an additional 1,726 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Savers Value Village during the third quarter worth approximately $252,000.
98.78% of the stock is owned by hedge funds and other institutional investors. Savers Value Village Stock PerformanceSVV opened at $8.
99 on Friday. The stock’s 50 day simple moving average is $8.29 and its 200 day simple moving average is $9.
51. The stock has a market cap of $1.43 billion, a P/E ratio of 49.
92 and a beta of 1.24. Savers Value Village, Inc.
has a 1-year low of $6.48 and a 1-year high of $17.91.
The company has a debt-to-equity ratio of 1.70, a current ratio of 1.04 and a quick ratio of 0.
86. Savers Value Village (NYSE:SVV – Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.
05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.04).
Savers Value Village had a net margin of 1.89% and a return on equity of 8.74%.
The firm had revenue of $401.99 million during the quarter, compared to analysts’ expectations of $402.00 million.
As a group, equities analysts anticipate that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.
Analysts Set New Price TargetsSeveral equities analysts have issued reports on the stock. William Blair began coverage on shares of Savers Value Village in a research note on Friday, April 4th. They issued an “outperform” rating on the stock.
JPMorgan Chase & Co. reduced their price target on Savers Value Village from $10.00 to $9.
00 and set a “neutral” rating for the company in a report on Friday, February 21st. UBS Group dropped their price objective on Savers Value Village from $14.00 to $13.
00 and set a “buy” rating on the stock in a report on Friday, February 21st. Finally, Piper Sandler cut their price objective on Savers Value Village from $11.00 to $10.
00 and set a “neutral” rating for the company in a research report on Monday, February 24th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.
com, Savers Value Village has a consensus rating of “Moderate Buy” and a consensus price target of $11.67.View Our Latest Report on SVVInsider Buying and Selling at Savers Value VillageIn related news, insider T.
Charles Hunsinger purchased 6,000 shares of the business’s stock in a transaction dated Friday, March 7th. The stock was bought at an average cost of $7.25 per share, with a total value of $43,500.
00. Following the completion of the acquisition, the insider now directly owns 14,100 shares in the company, valued at $102,225. The trade was a 74.
07 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Richard A.
Medway sold 4,800 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $11.48, for a total value of $55,104.
00. The disclosure for this sale can be found here. 2.
38% of the stock is currently owned by insiders. Savers Value Village Company Profile (Free Report)Savers Value Village, Inc sells second-hand merchandise in retail stores in the United States, Canada, and Australia. It operates stores under the Savers, Value Village, Value Village Boutique, Village des Valeurs, Unique, and 2nd Avenue brands.
The company purchases secondhand textiles, including clothing, bedding, and bath items; shoes; accessories; housewares; books; and other goods from non-profit partners and then processes, selects, prices, merchandises, and sells them in its stores.Featured ArticlesFive stocks we like better than Savers Value VillageHow to Calculate Return on Investment (ROI)JPMorgan is a Buy, if You Can Handle The Volatility Dividend Capture Strategy: What You Need to KnowUnited States Steel’s Crash: An Unmissable Buying OpportunityComparing and Trading High PE Ratio StocksRocket Lab Stock: Weathering the Storm, Time for a Comeback?Want to see what other hedge funds are holding SVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Savers Value Village, Inc.
(NYSE:SVV – Free Report)..
