Savers Value Village, Inc. (NYSE:SVV) Shares Sold by Barclays PLC

Barclays PLC lowered its position in shares of Savers Value Village, Inc. (NYSE:SVV - Free Report) by 52.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,501 shares of the company's stock after selling 46,706 shares during the period. Barclays PLC's holdings in Savers Value Village were worth $447,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Victory Capital Management Inc. bought a new position in Savers Value Village in the second quarter valued at about $255,000. Hsbc Holdings PLC grew its holdings in Savers Value Village by 6.7% during the second quarter. Hsbc Holdings PLC now owns 27,879 shares of the company's stock worth $335,000 after buying an additional 1,749 shares in the last quarter. XTX Topco Ltd lifted its position in shares of Savers Value Village by 281.1% during the 2nd quarter. XTX Topco Ltd now owns 39,080 shares of the company's stock worth $478,000 after buying an additional 28,826 shares in the last quarter. Sei Investments Co. raised its position in Savers Value Village by 8.9% in the second quarter. Sei Investments Co. now owns 58,704 shares of the company's stock worth $719,000 after acquiring an additional 4,808 shares during the period. Finally, Thrivent Financial for Lutherans boosted its stake in Savers Value Village by 329.5% in the second quarter. Thrivent Financial for Lutherans now owns 2,068,621 shares of the company's stock valued at $25,320,000 after acquiring an additional 1,586,964 shares during the last quarter. Institutional investors and hedge funds own 98.78% of the company's stock.

Analysts Set New Price Targets

Separately, Piper Sandler raised their price objective on shares of Savers Value Village from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Friday. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Savers Value Village has an average rating of "Hold" and an average price target of $12.20.

Insider Buying and Selling

In related news, COO Jubran N. Tanious sold 7,889 shares of Savers Value Village stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $10.31, for a total value of $81,335.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.38% of the stock is owned by corporate insiders.

Savers Value Village Stock Performance

Shares of NYSE:SVV traded up $0.05 during mid-day trading on Friday, reaching $11.25. 837,241 shares of the company traded hands, compared to its average volume of 415,811. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.04 and a quick ratio of 0.86. The company's 50 day moving average price is $9.86 and its 200-day moving average price is $10.04. The firm has a market cap of $1.80 billion, a PE ratio of 24.45 and a beta of 1.04. Savers Value Village, Inc. has a 52 week low of $7.78 and a 52 week high of $21.33.

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.