1 week Ago By Defense World Staff
JPMorgan Chase & Co. lessened its stake in Savers Value Village, Inc. (NYSE:SVV – Free Report) by 21.
2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,704,354 shares of the company’s stock after selling 726,747 shares during the quarter. JPMorgan Chase & Co.
owned about 1.69% of Savers Value Village worth $27,720,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also added to or reduced their stakes in SVV.
Charles Schwab Investment Management Inc. increased its stake in shares of Savers Value Village by 13.5% in the 3rd quarter.
Charles Schwab Investment Management Inc. now owns 207,785 shares of the company’s stock valued at $2,186,000 after acquiring an additional 24,746 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Savers Value Village during the third quarter valued at approximately $252,000.
Geode Capital Management LLC increased its stake in Savers Value Village by 10.2% in the third quarter. Geode Capital Management LLC now owns 542,999 shares of the company’s stock valued at $5,714,000 after purchasing an additional 50,051 shares in the last quarter.
Baillie Gifford & Co. raised its holdings in Savers Value Village by 570.0% in the fourth quarter.
Baillie Gifford & Co. now owns 3,689,478 shares of the company’s stock worth $37,817,000 after purchasing an additional 3,138,844 shares during the period. Finally, Handelsbanken Fonder AB bought a new position in shares of Savers Value Village during the fourth quarter worth $138,000.
Institutional investors own 98.78% of the company’s stock. Insiders Place Their BetsIn other Savers Value Village news, General Counsel Richard A.
Medway sold 4,800 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $11.48, for a total transaction of $55,104.
00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider T.
Charles Hunsinger acquired 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 acquisition, the insider now owns 14,100 shares in the company, valued at $102,225. The trade was a 74.
07 % increase in their position. The disclosure for this purchase can be found here. Insiders own 2.
38% of the company’s stock. Analysts Set New Price TargetsSVV has been the subject of a number of recent analyst reports. JPMorgan Chase & Co.
lowered their price objective on shares of Savers Value Village from $10.00 to $9.00 and set a “neutral” rating for the company in a research report on Friday, February 21st.
Piper Sandler dropped their price target on Savers Value Village from $11.00 to $10.00 and set a “neutral” rating on the stock in a research report on Monday, February 24th.
UBS Group decreased their price objective on Savers Value Village from $14.00 to $13.00 and set a “buy” rating for the company in a research report on Friday, February 21st.
Finally, William Blair initiated coverage on shares of Savers Value Village in a report on Friday, April 4th. They set an “outperform” rating on the stock. Three research 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, Savers Value Village presently has a consensus rating of “Moderate Buy” and an average target price of $11.67.View Our Latest Research Report on Savers Value VillageSavers Value Village Stock Down 7.
2 %Shares of Savers Value Village stock opened at $7.42 on Wednesday. The firm has a market cap of $1.
18 billion, a PE ratio of 41.20 and a beta of 1.24.
The business’s 50 day simple moving average is $8.50 and its 200 day simple moving average is $9.56.
The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.86 and a current ratio of 1.
04. Savers Value Village, Inc. has a 52-week low of $6.
48 and a 52-week high of $18.93. Savers Value Village (NYSE:SVV – Get Free Report) last posted its quarterly earnings data on Thursday, February 20th.
The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.
04). The business had revenue of $401.99 million during the quarter, compared to analyst estimates of $402.
00 million. Savers Value Village had a net margin of 1.89% and a return on equity of 8.
74%. On average, analysts predict that Savers Value Village, Inc. will post 0.
28 earnings per share for the current fiscal year. Savers Value Village 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.See AlsoFive stocks we like better than Savers Value VillageUpcoming IPO Stock Lockup Period, ExplainedTariff-Proof Stocks: 3 Big Bargains With Huge Upside PotentialWhat Do S&P 500 Stocks Tell Investors About the Market? Qualcomm Breaks Down But RSI Signals It’s Severely OversoldWhy Are These Companies Considered Blue Chips?Tesla’s #1 Bull Cuts Target But Says It’s Still a BuyWant 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)..
