Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Savers Value Village, Inc. (NYSE:SVV - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 193,715 shares of the company's stock, valued at approximately $1,986,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.12% of Savers Value Village at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Baillie Gifford & Co. raised its position in Savers Value Village by 570.0% in the 4th quarter. Baillie Gifford & Co. now owns 3,689,478 shares of the company's stock valued at $37,817,000 after buying an additional 3,138,844 shares during the last quarter. Primecap Management Co. CA raised its position in Savers Value Village by 662.1% in the 4th quarter. Primecap Management Co. CA now owns 471,750 shares of the company's stock valued at $4,835,000 after buying an additional 409,850 shares during the last quarter. Bank of New York Mellon Corp raised its position in Savers Value Village by 94.0% in the 4th quarter. Bank of New York Mellon Corp now owns 124,901 shares of the company's stock valued at $1,280,000 after buying an additional 60,507 shares during the last quarter. Vanguard Group Inc. raised its position in Savers Value Village by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 2,382,647 shares of the company's stock valued at $24,422,000 after buying an additional 68,316 shares during the last quarter. Finally, Dimensional Fund Advisors LP purchased a new stake in shares of Savers Value Village during the 4th quarter valued at $767,000. 98.78% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Savers Value Village
In other Savers Value Village news, General Counsel Richard A. Medway sold 16,490 shares of the firm's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $11.49, for a total value of $189,470.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Mark T. Walsh sold 40,000 shares of the firm's stock in a transaction dated Thursday, May 15th. The stock was 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. In the last 90 days, insiders sold 57,094 shares of company stock worth $550,834. 2.38% of the stock is owned by company insiders.
Savers Value Village Stock Performance
Shares of SVV stock traded down $0.04 on Friday, hitting $10.34. 623,879 shares of the stock were exchanged, compared to its average volume of 777,974. The company has a current ratio of 1.04, a quick ratio of 0.86 and a debt-to-equity ratio of 1.70. The firm has a market capitalization of $1.60 billion, a PE ratio of 57.42 and a beta of 0.95. Savers Value Village, Inc. has a one year low of $6.48 and a one year high of $13.62. The firm's 50 day moving average is $9.56 and its two-hundred day moving average is $9.48.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on SVV. The Goldman Sachs Group raised their target price 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. William Blair began coverage on Savers Value Village in a research report on Friday, April 4th. They set an "outperform" rating for the company. JPMorgan Chase & Co. decreased their target price on Savers Value Village from $10.00 to $9.00 and set a "neutral" rating for the company in a research report on Friday, February 21st. UBS Group decreased their target price on Savers Value Village from $14.00 to $13.00 and set a "buy" rating for the company in a research report on Friday, February 21st. Finally, Piper Sandler raised their target price on Savers Value Village from $10.00 to $11.00 and gave the company a "neutral" rating in a research report on Friday, May 2nd. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $11.83.
Get 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.
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