Dimensional Fund Advisors LP Invests $767,000 in Savers Value Village, Inc. (NYSE:SVV)

Dimensional Fund Advisors LP bought a new stake in shares of Savers Value Village, Inc. (NYSE:SVV - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 74,871 shares of the company's stock, valued at approximately $767,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Aigen Investment Management LP increased its holdings in Savers Value Village by 11.2% during the fourth quarter. Aigen Investment Management LP now owns 17,175 shares of the company's stock valued at $176,000 after buying an additional 1,726 shares during the last quarter. American Century Companies Inc. increased its holdings in Savers Value Village by 15.6% during the fourth quarter. American Century Companies Inc. now owns 15,410 shares of the company's stock valued at $158,000 after buying an additional 2,085 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Savers Value Village by 51.7% during the fourth quarter. Wells Fargo & Company MN now owns 10,931 shares of the company's stock valued at $112,000 after buying an additional 3,725 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in Savers Value Village during the fourth quarter valued at approximately $57,000. Finally, Barclays PLC increased its holdings in Savers Value Village by 23.0% during the fourth quarter. Barclays PLC now owns 52,262 shares of the company's stock valued at $536,000 after buying an additional 9,761 shares during the last quarter. 98.78% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Savers Value Village

In related news, General Counsel Richard A. Medway sold 16,490 shares of the firm's stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $11.49, for a total transaction of $189,470.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Mark T. Walsh sold 40,000 shares of the firm's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $8.86, for a total transaction of $354,400.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 57,094 shares of company stock valued at $550,834. Corporate insiders own 2.38% of the company's stock.

Savers Value Village Price Performance

SVV traded up $0.30 during trading on Thursday, hitting $9.92. 1,224,191 shares of the company traded hands, compared to its average volume of 780,486. The company has a market cap of $1.56 billion, a PE ratio of 55.10 and a beta of 0.95. The stock's 50-day simple moving average is $8.85 and its two-hundred day simple moving average is $9.46. Savers Value Village, Inc. has a 1 year low of $6.48 and a 1 year high of $14.28. The company has a current ratio of 1.04, a quick ratio of 0.86 and a debt-to-equity ratio of 1.70.

Savers Value Village (NYSE:SVV - Get Free Report) last posted its earnings results 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). The company had revenue of $401.99 million for the quarter, compared to analysts' expectations of $402.00 million. Savers Value Village had a net margin of 1.89% and a return on equity of 8.74%. As a group, sell-side analysts anticipate that Savers Value Village, Inc. will post 0.28 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SVV. UBS Group reduced their target price on shares of Savers Value Village from $14.00 to $13.00 and set a "buy" rating for the company in a report on Friday, February 21st. The Goldman Sachs Group increased their price objective on shares of Savers Value Village from $9.00 to $10.00 and gave the stock a "neutral" rating in a research note on Friday, May 2nd. JPMorgan Chase & Co. reduced 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 note on Friday, February 21st. Piper Sandler increased their price objective on shares of Savers Value Village from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Friday, May 2nd. Finally, William Blair started coverage on shares of Savers Value Village in a research note on Friday, April 4th. They issued an "outperform" rating for the company. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Savers Value Village has an average rating of "Moderate Buy" and an average target price of $11.83.

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.