Universal Beteiligungs und Servicegesellschaft mbH Boosts Holdings in Savers Value Village, Inc. (NYSE:SVV)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Savers Value Village by 91.5%, now owning 370,976 shares valued at approximately $2.56 million.
• Several analysts have raised their price targets for Savers Value Village, with Goldman Sachs and JPMorgan both setting targets of $10.00 and $11.00 respectively, indicating a generally positive outlook for the stock.
• Insider selling activity has been notable, with CEO Mark T. Walsh selling 40,000 shares for $354,400 and Melinda L. Geisser selling 48,000 shares for $518,400 in recent months.

Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Savers Value Village, Inc. (NYSE:SVV - Free Report) by 91.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 370,976 shares of the company's stock after purchasing an additional 177,261 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.23% of Savers Value Village worth $2,560,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. increased its position in Savers Value Village by 15.6% in the 4th quarter. American Century Companies Inc. now owns 15,410 shares of the company's stock worth $158,000 after buying an additional 2,085 shares during the period. KLP Kapitalforvaltning AS bought a new stake in Savers Value Village in the fourth quarter valued at about $57,000. Vanguard Group Inc. increased its holdings in Savers Value Village by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 2,382,647 shares of the company's stock valued at $24,422,000 after purchasing an additional 68,316 shares during the last quarter. Norges Bank bought a new stake in shares of Savers Value Village in the fourth quarter worth about $207,000. Finally, Geode Capital Management LLC grew its holdings in shares of Savers Value Village by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 554,854 shares of the company's stock worth $5,689,000 after buying an additional 11,855 shares in the last quarter. 98.78% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Savers Value Village news, insider Melinda L. Geisser sold 48,000 shares of Savers Value Village stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $10.80, for a total transaction of $518,400.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mark T. Walsh sold 40,000 shares of the business's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $8.86, for a total value of $354,400.00. The disclosure for this sale can be found here. Insiders sold 129,341 shares of company stock valued at $1,326,573 over the last ninety days. 3.09% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on SVV shares. The Goldman Sachs Group raised their price objective on Savers Value Village from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Friday, May 2nd. 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 note on Friday. William Blair initiated coverage on Savers Value Village in a report on Friday, April 4th. They set an "outperform" rating on the stock. Northland Capmk raised Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. Finally, JPMorgan Chase & Co. upped their target price on Savers Value Village from $9.00 to $11.00 and gave the company a "neutral" rating in a research report on Monday. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $12.71.

Savers Value Village Stock Up 10.1%

Shares of Savers Value Village stock traded up $1.05 on Friday, hitting $11.46. The company had a trading volume of 2,019,627 shares, compared to its average volume of 575,884. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 54.57 and a beta of 1.00. Savers Value Village, Inc. has a 1 year low of $6.48 and a 1 year high of $11.89. The stock has a 50 day moving average of $10.37 and a 200-day moving average of $9.63. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.57 and a current ratio of 0.74.

Savers Value Village (NYSE:SVV - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. The firm had revenue of $417.21 million during the quarter, compared to the consensus estimate of $405.75 million. Savers Value Village had a return on equity of 8.86% and a net margin of 2.14%. The company's quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.14 earnings per share. As a group, sell-side analysts forecast that Savers Value Village, Inc. will post 0.28 earnings per share for the current year.

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.