Dimensional Fund Advisors LP Acquires Shares of 74,871 Savers Value Village, Inc. (NYSE:SVV)

Dimensional Fund Advisors LP purchased a new position in Savers Value Village, Inc. (NYSE:SVV - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 74,871 shares of the company's stock, valued at approximately $767,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Trust Advisors LP bought a new stake in Savers Value Village during the 4th quarter valued at $578,000. Marshall Wace LLP increased its holdings in shares of Savers Value Village by 1,328.7% during the fourth quarter. Marshall Wace LLP now owns 541,103 shares of the company's stock valued at $5,546,000 after purchasing an additional 503,230 shares during the period. XTX Topco Ltd bought a new stake in shares of Savers Value Village during the fourth quarter valued at about $160,000. Barclays PLC lifted its holdings in Savers Value Village by 23.0% in the fourth quarter. Barclays PLC now owns 52,262 shares of the company's stock worth $536,000 after purchasing an additional 9,761 shares during the period. Finally, Archon Capital Management LLC acquired a new stake in Savers Value Village in the fourth quarter worth about $3,945,000. Institutional investors and hedge funds own 98.78% of the company's stock.

Savers Value Village Stock Performance

NYSE SVV traded down $0.19 during midday trading on Tuesday, hitting $9.89. The company had a trading volume of 946,170 shares, compared to its average volume of 786,967. The firm has a fifty day simple moving average of $8.67 and a two-hundred day simple moving average of $9.46. The company has a quick ratio of 0.86, a current ratio of 1.04 and a debt-to-equity ratio of 1.70. Savers Value Village, Inc. has a fifty-two week low of $6.48 and a fifty-two week high of $14.28. The stock has a market cap of $1.56 billion, a price-to-earnings ratio of 54.95 and a beta of 0.95.

Savers Value Village (NYSE:SVV - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $401.99 million during the quarter, compared to the consensus estimate of $402.00 million. Equities analysts forecast that Savers Value Village, Inc. will post 0.28 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SVV has been the topic of several research analyst reports. JPMorgan Chase & Co. lowered their price target on Savers Value Village from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Friday, February 21st. The Goldman Sachs Group increased their price target on shares of Savers Value Village from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Friday, May 2nd. UBS Group reduced 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. Piper Sandler boosted their target price on shares of Savers Value Village from $10.00 to $11.00 and gave the stock a "neutral" rating in a research report on Friday, May 2nd. Finally, William Blair began coverage on Savers Value Village in a research note on Friday, April 4th. They set an "outperform" rating for the company. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $11.83.

Insider Buying and Selling at Savers Value Village

In related news, CEO Mark T. Walsh sold 40,000 shares of Savers Value Village stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $8.86, for a total transaction of $354,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider T. Charles Hunsinger acquired 6,000 shares of the firm's stock in a transaction on Friday, March 7th. The shares were purchased at an average cost of $7.25 per share, for a total transaction of $43,500.00. Following the completion of the purchase, the insider now directly owns 14,100 shares of the company's stock, valued at approximately $102,225. The trade was a 74.07% increase in their position. The disclosure for this purchase can be found here. Insiders have sold 57,094 shares of company stock worth $550,834 over the last three months. Company insiders own 2.38% of the company's stock.

Savers Value Village Profile

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.