Savers Value Village, Inc. (NYSE:SVV) Shares Bought by Universal Beteiligungs und Servicegesellschaft mbH

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 increased its holdings in Savers Value Village, Inc. (NYSE:SVV - Free Report) by 91.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 370,976 shares of the company's stock after buying an additional 177,261 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.23% of Savers Value Village worth $2,560,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BNP Paribas Financial Markets acquired a new stake in Savers Value Village in the 4th quarter valued at $36,000. GAMMA Investing LLC grew its stake in Savers Value Village by 386.7% in the 1st quarter. GAMMA Investing LLC now owns 5,879 shares of the company's stock valued at $41,000 after acquiring an additional 4,671 shares during the period. Versant Capital Management Inc acquired a new stake in Savers Value Village in the 1st quarter valued at $51,000. KLP Kapitalforvaltning AS acquired a new stake in Savers Value Village in the 4th quarter valued at $57,000. Finally, Wexford Capital LP acquired a new stake in Savers Value Village in the 4th quarter valued at $106,000. Institutional investors and hedge funds own 98.78% of the company's stock.

Savers Value Village Stock Performance

Shares of Savers Value Village stock traded up $1.05 during trading hours on Friday, hitting $11.46. 2,019,627 shares of the company were exchanged, compared to its average volume of 575,884. Savers Value Village, Inc. has a 1 year low of $6.48 and a 1 year high of $11.89. The company has a current ratio of 0.74, a quick ratio of 0.57 and a debt-to-equity ratio of 1.69. The business has a 50-day moving average of $10.37 and a 200-day moving average of $9.63. 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 (NYSE:SVV - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. Savers Value Village had a return on equity of 8.86% and a net margin of 2.14%. The business had revenue of $417.21 million during the quarter, compared to analysts' expectations of $405.75 million. During the same quarter in the prior year, the business earned $0.14 earnings per share. The company's quarterly revenue was up 7.9% compared to the same quarter last year. As a group, analysts expect that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SVV has been the topic of a number of research reports. 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 report on Friday, May 2nd. Northland Securities assumed coverage on shares of Savers Value Village in a report on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 price objective on the stock. Wall Street Zen raised Savers Value Village from a "hold" rating to a "buy" rating in a research report on Saturday. Piper Sandler boosted their price objective on Savers Value Village from $11.00 to $12.00 and gave the stock a "neutral" rating in a research report on Friday. Finally, Northland Capmk raised Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Savers Value Village presently has an average rating of "Moderate Buy" and an average target price of $12.71.

Insider Buying and Selling

In related news, insider Melinda L. Geisser sold 48,000 shares of the company's stock in a transaction on 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 SEC, which is available at this link. Also, General Counsel Richard A. Medway sold 17,619 shares of the company's stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $10.65, for a total value of $187,642.35. The disclosure for this sale can be found here. Insiders have sold 129,341 shares of company stock valued at $1,326,573 over the last quarter. Company insiders own 3.09% of the company's stock.

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.