Savers Value Village, Inc. (NYSE:SVV) Stock Holdings Lifted by Primecap Management Co. CA

Primecap Management Co. CA raised its position in shares of Savers Value Village, Inc. (NYSE:SVV - Free Report) by 662.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 471,750 shares of the company's stock after buying an additional 409,850 shares during the quarter. Primecap Management Co. CA owned about 0.30% of Savers Value Village worth $4,835,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SVV. AlphaQuest LLC acquired 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 Savers Value Village during the fourth quarter valued at $138,000. Aigen Investment Management LP raised its holdings in shares of Savers Value Village by 11.2% during the fourth quarter. Aigen Investment Management LP now owns 17,175 shares of the company's stock worth $176,000 after purchasing an additional 1,726 shares during the period. GSA Capital Partners LLP bought a new position in shares of Savers Value Village in the 3rd quarter worth about $248,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Savers Value Village in the 3rd quarter valued at about $252,000. Institutional investors own 98.78% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. UBS Group dropped their price objective on shares of Savers Value Village from $14.00 to $13.00 and set a "buy" rating on the stock in a research note on Friday, February 21st. Piper Sandler dropped their price target on Savers Value Village from $11.00 to $10.00 and set a "neutral" rating on the stock in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. reduced their price objective on Savers Value Village from $10.00 to $9.00 and set a "neutral" rating for the company 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's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $11.67.

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Savers Value Village Stock Performance

NYSE SVV traded down $0.04 on Monday, hitting $6.98. The stock had a trading volume of 535,255 shares, compared to its average volume of 718,214. The company's 50-day moving average is $9.51 and its two-hundred day moving average is $9.78. Savers Value Village, Inc. has a one year low of $6.48 and a one year high of $19.72. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 38.75 and a beta of 1.41. The company has a quick ratio of 0.86, a current ratio of 1.04 and a debt-to-equity ratio of 1.70.

Savers Value Village (NYSE:SVV - Get Free Report) last issued its quarterly earnings data 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). Savers Value Village had a return on equity of 8.74% and a net margin of 1.89%. The business had revenue of $401.99 million during the quarter, compared to the consensus estimate of $402.00 million. On average, analysts expect 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, insider T. Charles Hunsinger bought 6,000 shares of the business's stock in a transaction on Friday, March 7th. The stock was purchased at an average cost of $7.25 per share, for a total transaction of $43,500.00. Following the completion of the transaction, the insider now directly owns 14,100 shares of the company's stock, valued at approximately $102,225. This trade represents a 74.07 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Richard A. Medway sold 4,800 shares of Savers Value Village stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $11.48, for a total value of $55,104.00. The disclosure for this sale can be found here. Company insiders own 2.38% of the company's stock.

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.