Makaira Partners LLC lowered its stake in Savers Value Village, Inc. (NYSE:SVV - Free Report) by 10.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,053,930 shares of the company's stock after selling 236,000 shares during the quarter. Savers Value Village makes up approximately 3.3% of Makaira Partners LLC's investment portfolio, making the stock its 10th largest position. Makaira Partners LLC owned approximately 1.28% of Savers Value Village worth $21,053,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Wexford Capital LP acquired a new stake in shares of Savers Value Village in the fourth quarter valued at about $106,000. Nuveen Asset Management LLC increased its position in shares of Savers Value Village by 56.8% in the fourth quarter. Nuveen Asset Management LLC now owns 107,270 shares of the company's stock valued at $1,100,000 after acquiring an additional 38,856 shares during the last quarter. Janus Henderson Group PLC acquired a new stake in shares of Savers Value Village in the fourth quarter valued at about $128,000. Cubist Systematic Strategies LLC bought a new position in Savers Value Village during the fourth quarter worth about $183,000. Finally, BNP Paribas Financial Markets bought a new position in Savers Value Village during the fourth quarter worth about $36,000. Institutional investors and hedge funds own 98.78% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts recently commented on the company. JPMorgan Chase & Co. reduced their price target on Savers Value Village from $10.00 to $9.00 and set a "neutral" rating for the company in a report on Friday, February 21st. Piper Sandler lifted their price target on Savers Value Village from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Friday, May 2nd. William Blair assumed coverage on Savers Value Village in a report on Friday, April 4th. They set an "outperform" rating for the company. UBS Group reduced their price target on Savers Value Village from $14.00 to $13.00 and set a "buy" rating for the company in a report on Friday, February 21st. Finally, The Goldman Sachs Group lifted their price target on Savers Value Village from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Friday, May 2nd. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $11.83.
View Our Latest Stock Report on SVV
Savers Value Village Stock Performance
Shares of NYSE:SVV traded down $0.14 during trading on Friday, reaching $10.01. 805,603 shares of the stock were exchanged, compared to its average volume of 773,960. Savers Value Village, Inc. has a 12 month low of $6.48 and a 12 month high of $14.28. The firm has a market cap of $1.55 billion, a PE ratio of 55.61 and a beta of 0.95. The stock has a 50-day moving average price of $9.22 and a 200-day moving average price of $9.44. The company has a current ratio of 1.04, a quick ratio of 0.86 and a debt-to-equity ratio of 1.70.
Insider Transactions at Savers Value Village
In other Savers Value Village news, General Counsel Richard A. Medway sold 16,490 shares of the business's stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $11.49, for a total transaction of $189,470.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider T. Charles Hunsinger acquired 6,000 shares of the stock in a transaction on Friday, March 7th. The shares were purchased at an average price of $7.25 per share, with a total value of $43,500.00. Following the completion of the transaction, the insider now owns 14,100 shares of the company's stock, valued at approximately $102,225. This represents a 74.07% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 57,094 shares of company stock worth $550,834 over the last quarter. Company insiders own 2.38% of the company's stock.
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.
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