Savers Value Village, Inc. (NYSE:SVV) Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in shares of Savers Value Village, Inc. (NYSE:SVV - Free Report) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,382,647 shares of the company's stock after buying an additional 68,316 shares during the period. Vanguard Group Inc. owned about 1.49% of Savers Value Village worth $24,422,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SVV. KLP Kapitalforvaltning AS bought a new stake in Savers Value Village in the fourth quarter valued at approximately $57,000. American Century Companies Inc. raised its holdings in Savers Value Village by 15.6% in the fourth quarter. American Century Companies Inc. now owns 15,410 shares of the company's stock worth $158,000 after purchasing an additional 2,085 shares in the last quarter. Primecap Management Co. CA lifted its position in Savers Value Village by 662.1% during the 4th quarter. Primecap Management Co. CA now owns 471,750 shares of the company's stock valued at $4,835,000 after acquiring an additional 409,850 shares during the period. AlphaQuest LLC bought a new stake in shares of Savers Value Village in the 4th quarter worth approximately $113,000. Finally, Aigen Investment Management LP grew its stake in shares of Savers Value Village by 11.2% in the fourth quarter. Aigen Investment Management LP now owns 17,175 shares of the company's stock worth $176,000 after acquiring an additional 1,726 shares during the last quarter. Institutional investors own 98.78% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on SVV. William Blair assumed coverage on shares of Savers Value Village in a research report on Friday, April 4th. They set an "outperform" rating for the company. JPMorgan Chase & Co. lowered their price objective on shares of Savers Value Village from $10.00 to $9.00 and set a "neutral" rating on the stock in a research note on Friday, February 21st. UBS Group cut their price target on Savers Value Village from $14.00 to $13.00 and set a "buy" rating for the company in a report on Friday, February 21st. Finally, Piper Sandler reduced their price objective on shares of Savers Value Village from $11.00 to $10.00 and set a "neutral" rating for the company in a research note on Monday, February 24th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Savers Value Village currently has a consensus rating of "Moderate Buy" and an average target price of $11.67.

Insider Transactions at Savers Value Village

In other news, General Counsel Richard A. Medway sold 4,800 shares of Savers Value Village stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $11.48, for a total transaction of $55,104.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider T. Charles Hunsinger acquired 6,000 shares of the business's stock in a transaction that occurred on Friday, March 7th. The shares were purchased at an average price of $7.25 per share, with a total value of $43,500.00. Following the completion of the transaction, the insider now owns 14,100 shares of the company's stock, valued at $102,225. The trade was a 74.07 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 2.38% of the company's stock.

Savers Value Village Stock Up 1.0 %

Shares of SVV stock traded up $0.09 during trading hours on Friday, reaching $9.03. 667,984 shares of the company's stock were exchanged, compared to its average volume of 750,829. The company has a current ratio of 1.04, a quick ratio of 0.86 and a debt-to-equity ratio of 1.70. The company has a market cap of $1.43 billion, a price-to-earnings ratio of 50.14 and a beta of 1.24. Savers Value Village, Inc. has a fifty-two week low of $6.48 and a fifty-two week high of $17.91. The stock's 50 day moving average is $8.12 and its 200-day moving average is $9.47.

Savers Value Village (NYSE:SVV - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $401.99 million during the quarter, compared to analysts' expectations of $402.00 million. Analysts predict that Savers Value Village, Inc. will post 0.28 earnings per share for the current fiscal year.

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.