Baillie Gifford & Co. Grows Stake in Savers Value Village, Inc. (NYSE:SVV)

Baillie Gifford & Co. lifted its holdings in shares of Savers Value Village, Inc. (NYSE:SVV - Free Report) by 34.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 550,634 shares of the company's stock after purchasing an additional 142,101 shares during the quarter. Baillie Gifford & Co. owned 0.34% of Savers Value Village worth $5,793,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SVV. nVerses Capital LLC bought a new position in Savers Value Village in the second quarter valued at approximately $62,000. Mount Yale Investment Advisors LLC bought a new position in Savers Value Village in the first quarter valued at approximately $193,000. GSA Capital Partners LLP bought a new position in Savers Value Village in the third quarter valued at approximately $248,000. Victory Capital Management Inc. bought a new position in Savers Value Village in the second quarter valued at approximately $255,000. Finally, Oppenheimer Asset Management Inc. bought a new stake in shares of Savers Value Village during the first quarter worth $267,000. 98.78% of the stock is owned by institutional investors.

Savers Value Village Trading Down 0.5 %

SVV stock traded down $0.05 during midday trading on Thursday, hitting $9.73. The stock had a trading volume of 187,669 shares, compared to its average volume of 739,172. Savers Value Village, Inc. has a 1-year low of $7.78 and a 1-year high of $21.33. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 1.70. The firm has a market cap of $1.56 billion, a P/E ratio of 21.26 and a beta of 1.59. The business has a fifty day moving average price of $10.09 and a two-hundred day moving average price of $11.25.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Loop Capital decreased their target price on shares of Savers Value Village from $23.00 to $15.00 and set a "buy" rating on the stock in a research note on Monday, August 12th. JPMorgan Chase & Co. cut shares of Savers Value Village from an "overweight" rating to a "neutral" rating and decreased their target price for the stock from $21.00 to $12.00 in a research note on Monday, July 22nd. Piper Sandler reaffirmed a "neutral" rating and set a $10.00 target price (down previously from $11.00) on shares of Savers Value Village in a research note on Friday, November 8th. The Goldman Sachs Group cut shares of Savers Value Village from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $14.00 to $10.00 in a research note on Friday, August 9th. Finally, Robert W. Baird cut their price target on shares of Savers Value Village from $21.00 to $13.00 and set an "outperform" rating on the stock in a report on Friday, August 9th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $12.00.

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.