Savers Value Village, Inc. (NYSE:SVV) Shares Sold by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund trimmed its stake in Savers Value Village, Inc. (NYSE:SVV - Free Report) by 20.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,000,000 shares of the company's stock after selling 1,000,000 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned about 2.50% of Savers Value Village worth $42,080,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. FMR LLC boosted its position in Savers Value Village by 30.8% in the 3rd quarter. FMR LLC now owns 3,437,895 shares of the company's stock valued at $36,167,000 after buying an additional 808,867 shares during the period. Makaira Partners LLC purchased a new stake in shares of Savers Value Village in the 2nd quarter worth approximately $27,418,000. Thrivent Financial for Lutherans lifted its position in shares of Savers Value Village by 329.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 2,068,621 shares of the company's stock worth $25,320,000 after purchasing an additional 1,586,964 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Savers Value Village by 34.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,883,269 shares of the company's stock worth $23,051,000 after purchasing an additional 481,423 shares during the period. Finally, Baillie Gifford & Co. lifted its position in shares of Savers Value Village by 34.8% in the 3rd quarter. Baillie Gifford & Co. now owns 550,634 shares of the company's stock worth $5,793,000 after purchasing an additional 142,101 shares during the period. 98.78% of the stock is owned by hedge funds and other institutional investors.

Savers Value Village Stock Down 2.1 %

NYSE:SVV traded down $0.20 during midday trading on Thursday, reaching $9.25. 339,419 shares of the stock traded hands, compared to its average volume of 738,328. Savers Value Village, Inc. has a 12-month low of $7.78 and a 12-month high of $21.33. The business has a 50-day moving average of $10.02 and a two-hundred day moving average of $10.74. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.86 and a current ratio of 1.04. The stock has a market capitalization of $1.48 billion, a PE ratio of 20.11 and a beta of 1.59.

Insider Activity at Savers Value Village

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

Analysts Set New Price Targets

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

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.