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Nuveen LLC Invests $742,000 in Savers Value Village, Inc. $SVV

Savers Value Village logo with Consumer Discretionary background

Nuveen LLC acquired a new stake in shares of Savers Value Village, Inc. (NYSE:SVV - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 107,504 shares of the company's stock, valued at approximately $742,000. Nuveen LLC owned 0.07% of Savers Value Village at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SVV. Wells Fargo & Company MN boosted its position in Savers Value Village by 51.7% during the 4th quarter. Wells Fargo & Company MN now owns 10,931 shares of the company's stock valued at $112,000 after purchasing an additional 3,725 shares during the period. Barclays PLC raised its stake in Savers Value Village by 23.0% during the 4th quarter. Barclays PLC now owns 52,262 shares of the company's stock valued at $536,000 after acquiring an additional 9,761 shares in the last quarter. First Trust Advisors LP bought a new stake in Savers Value Village during the 4th quarter valued at $578,000. Dimensional Fund Advisors LP bought a new stake in Savers Value Village during the 4th quarter valued at $767,000. Finally, Hsbc Holdings PLC raised its stake in Savers Value Village by 12.6% during the 4th quarter. Hsbc Holdings PLC now owns 39,883 shares of the company's stock valued at $410,000 after acquiring an additional 4,454 shares in the last quarter. Institutional investors and hedge funds own 98.78% of the company's stock.

Savers Value Village Trading Down 1.4%

Shares of Savers Value Village stock traded down $0.18 on Friday, reaching $12.56. 1,678,023 shares of the company were exchanged, compared to its average volume of 1,134,631. The stock has a fifty day moving average price of $11.00 and a 200-day moving average price of $9.69. The firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of 59.80 and a beta of 1.02. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 1.65. Savers Value Village, Inc. has a fifty-two week low of $6.48 and a fifty-two week high of $13.03.

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

Insider Activity at Savers Value Village

In related news, insider Melinda L. Geisser sold 7,824 shares of the company's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $11.48, for a total transaction of $89,819.52. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director William T. Allen sold 12,402 shares of the company's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $11.15, for a total value of $138,282.30. Following the transaction, the director directly owned 16,655 shares in the company, valued at $185,703.25. The trade was a 42.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 168,610 shares of company stock valued at $1,920,781 over the last ninety days. Company insiders own 3.09% of the company's stock.

Wall Street Analyst Weigh In

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

View Our Latest Report on SVV

About Savers Value Village

(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 Also

Institutional Ownership by Quarter for Savers Value Village (NYSE:SVV)

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