Savant Capital LLC Acquires New Stake in Savers Value Village, Inc. $SVV

Savant Capital LLC acquired a new stake in shares of Savers Value Village, Inc. (NYSE:SVV) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 10,213 shares of the company’s stock, valued at approximately $104,000.

A number of other large investors have also bought and sold shares of the company. TD Asset Management Inc lifted its position in shares of Savers Value Village by 61.7% during the 2nd quarter. TD Asset Management Inc now owns 204,654 shares of the company’s stock valued at $2,087,000 after buying an additional 78,070 shares during the last quarter. CWM LLC raised its stake in Savers Value Village by 1,382.9% in the 2nd quarter. CWM LLC now owns 15,333 shares of the company’s stock valued at $156,000 after acquiring an additional 14,299 shares during the period. AQR Capital Management LLC purchased a new stake in Savers Value Village during the first quarter valued at about $120,000. Maverick Capital Ltd. lifted its holdings in Savers Value Village by 79.5% during the first quarter. Maverick Capital Ltd. now owns 49,092 shares of the company’s stock valued at $339,000 after purchasing an additional 21,743 shares during the last quarter. Finally, Landscape Capital Management L.L.C. bought a new position in Savers Value Village during the first quarter worth about $1,495,000. 98.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. BTIG Research began coverage on shares of Savers Value Village in a research report on Tuesday, October 14th. They issued a “buy” rating and a $18.00 price target on the stock. UBS Group boosted their target price on shares of Savers Value Village from $13.00 to $16.00 and gave the company a “buy” rating in a report on Friday, October 31st. Piper Sandler raised their price target on Savers Value Village from $11.00 to $12.00 and gave the stock a “neutral” rating in a report on Friday, August 1st. JPMorgan Chase & Co. lifted their price target on Savers Value Village from $9.00 to $11.00 and gave the company a “neutral” rating in a research report on Monday, July 28th. Finally, Wall Street Zen lowered Savers Value Village from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $13.67.

Insider Buying and Selling at Savers Value Village

In other news, CEO Mark T. Walsh sold 34,184 shares of the business’s stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $13.08, for a total transaction of $447,126.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Richard A. Medway sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $13.69, for a total transaction of $273,800.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 180,000 shares of company stock valued at $2,327,099 in the last 90 days. Corporate insiders own 3.09% of the company’s stock.

Savers Value Village Stock Up 5.7%

Shares of NYSE:SVV opened at $8.35 on Friday. The company has a market cap of $1.30 billion, a price-to-earnings ratio of -834.37 and a beta of 1.02. Savers Value Village, Inc. has a one year low of $6.48 and a one year high of $13.89. The firm has a fifty day moving average price of $11.48 and a two-hundred day moving average price of $11.05. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.81 and a quick ratio of 0.61.

Savers Value Village (NYSE:SVV) last issued its quarterly earnings data on Wednesday, January 15th. The company reported $0.18 earnings per share (EPS) for the quarter. Savers Value Village had a positive return on equity of 9.18% and a negative net margin of 0.11%.The company had revenue of $394.80 million for the quarter. Analysts anticipate that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

About Savers Value Village

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.