AlphaQuest LLC Has $257,000 Stock Holdings in Savers Value Village, Inc. $SVV

Key Points

• AlphaQuest LLC significantly increased its stake in Savers Value Village, acquiring an additional 26,172 shares for a total of 37,206 shares owned, valued at $257,000.
• Other institutional investors, like T. Rowe Price and American Century, also raised their holdings in Savers Value Village during the first quarter, contributing to a high institutional ownership of 98.78%.
• The company's stock price has seen a modest increase of 2.1%, with analysts setting varied price targets, reflecting a generally positive outlook on its potential performance.

AlphaQuest LLC grew its holdings in Savers Value Village, Inc. (NYSE:SVV - Free Report) by 237.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,206 shares of the company's stock after buying an additional 26,172 shares during the quarter. AlphaQuest LLC's holdings in Savers Value Village were worth $257,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. grew its holdings in shares of Savers Value Village by 19.6% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 7,137,153 shares of the company's stock worth $49,247,000 after purchasing an additional 1,167,253 shares during the last quarter. Baillie Gifford & Co. grew its holdings in shares of Savers Value Village by 76.4% in the 1st quarter. Baillie Gifford & Co. now owns 6,509,978 shares of the company's stock worth $44,919,000 after purchasing an additional 2,820,500 shares during the last quarter. Ameriprise Financial Inc. bought a new stake in shares of Savers Value Village in the 4th quarter worth about $11,324,000. Primecap Management Co. CA grew its holdings in shares of Savers Value Village by 0.4% in the 1st quarter. Primecap Management Co. CA now owns 473,525 shares of the company's stock worth $3,267,000 after purchasing an additional 1,775 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Savers Value Village by 91.5% in the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 370,976 shares of the company's stock worth $2,560,000 after purchasing an additional 177,261 shares during the last quarter. Institutional investors and hedge funds own 98.78% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Northland Capmk raised shares of Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. Wall Street Zen raised shares of Savers Value Village from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. JPMorgan Chase & Co. increased their price objective on shares of Savers Value Village from $9.00 to $11.00 and gave the stock a "neutral" rating in a report on Monday, July 28th. Northland Securities assumed coverage on shares of Savers Value Village in a report on Tuesday, June 10th. They set an "outperform" rating and a $15.00 price objective on the stock. Finally, Piper Sandler increased their price objective on shares of Savers Value Village from $11.00 to $12.00 and gave the stock a "neutral" rating in a report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, Savers Value Village has an average rating of "Moderate Buy" and an average price target of $12.20.

Savers Value Village Trading Down 2.5%

Savers Value Village stock traded down $0.31 during trading hours on Wednesday, reaching $12.23. 937,023 shares of the company's stock traded hands, compared to its average volume of 834,266. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.69. Savers Value Village, Inc. has a fifty-two week low of $6.48 and a fifty-two week high of $12.73. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 57.76 and a beta of 1.02. The firm's 50 day moving average is $10.87 and its 200-day moving average is $9.68.

Savers Value Village (NYSE:SVV - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. Savers Value Village had a net margin of 2.14% and a return on equity of 8.85%. The company had revenue of $417.21 million for the quarter, compared to the consensus estimate of $405.75 million. During the same period in the prior year, the company posted $0.14 EPS. The company's revenue was up 7.9% compared to the same quarter last year. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. On average, analysts predict that Savers Value Village, Inc. will post 0.28 earnings per share for the current year.

Insider Buying and Selling at Savers Value Village

In other Savers Value Village news, General Counsel Richard A. Medway sold 17,619 shares of the company's stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $10.65, for a total transaction of $187,642.35. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Melinda L. Geisser sold 48,000 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $10.80, for a total transaction of $518,400.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 110,110 shares of company stock worth $1,203,676. Company insiders own 3.09% of the company's stock.

About Savers Value Village

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.