Northwest & Ethical Investments L.P. Sells 7,156 Shares of Savers Value Village, Inc. (NYSE:SVV)

Northwest & Ethical Investments L.P. reduced its position in Savers Value Village, Inc. (NYSE:SVV) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 92,344 shares of the company’s stock after selling 7,156 shares during the quarter. Northwest & Ethical Investments L.P. owned about 0.06% of Savers Value Village worth $947,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SVV. AlphaQuest LLC bought a new stake in shares of Savers Value Village during the 4th quarter valued at approximately $113,000. Handelsbanken Fonder AB bought a new stake in shares of Savers Value Village during the 4th quarter valued at approximately $138,000. Aigen Investment Management LP grew its holdings in shares of Savers Value Village by 11.2% during the 4th quarter. Aigen Investment Management LP now owns 17,175 shares of the company’s stock valued at $176,000 after purchasing an additional 1,726 shares during the last quarter. GSA Capital Partners LLP bought a new stake in shares of Savers Value Village during the 3rd quarter valued at approximately $248,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Savers Value Village during the 3rd quarter valued at approximately $252,000. 98.78% of the stock is owned by institutional investors.

Savers Value Village Stock Down 0.6 %

NYSE:SVV opened at $7.03 on Friday. The firm’s 50 day simple moving average is $9.51 and its 200 day simple moving average is $9.77. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.04 and a quick ratio of 0.86. Savers Value Village, Inc. has a one year low of $6.48 and a one year high of $19.72. The company has a market cap of $1.11 billion, a PE ratio of 39.03 and a beta of 1.41.

Savers Value Village (NYSE:SVV) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.04). The firm had revenue of $401.99 million during the quarter, compared to analyst estimates of $402.00 million. Savers Value Village had a return on equity of 8.74% and a net margin of 1.89%. On average, research analysts anticipate that Savers Value Village, Inc. will post 0.28 earnings per share for the current year.

Insider Transactions at Savers Value Village

In other news, General Counsel Richard A. Medway sold 4,800 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $11.48, for a total value of $55,104.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider T. Charles Hunsinger purchased 6,000 shares of the company’s stock in a transaction dated Friday, March 7th. The stock was purchased at an average price of $7.25 per share, for a total transaction of $43,500.00. Following the transaction, the insider now directly owns 14,100 shares in the company, valued at approximately $102,225. This trade represents a 74.07 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 2.38% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on SVV. UBS Group decreased their price target on shares of Savers Value Village from $14.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Piper Sandler decreased their price target on shares of Savers Value Village from $11.00 to $10.00 and set a “neutral” rating on the stock in a report on Monday, February 24th. Finally, JPMorgan Chase & Co. cut their target price on shares of Savers Value Village from $10.00 to $9.00 and set a “neutral” rating on the stock in a research report on Friday, February 21st. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Savers Value Village has an average rating of “Moderate Buy” and a consensus price target of $11.67.

Savers Value Village Company 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.