Aigen Investment Management LP Acquires 1,726 Shares of Savers Value Village, Inc. (NYSE:SVV)

Aigen Investment Management LP lifted its holdings in Savers Value Village, Inc. (NYSE:SVV) by 11.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,175 shares of the company’s stock after acquiring an additional 1,726 shares during the period. Aigen Investment Management LP’s holdings in Savers Value Village were worth $176,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SVV. GSA Capital Partners LLP purchased a new position in Savers Value Village in the 3rd quarter worth approximately $248,000. Baillie Gifford & Co. lifted its holdings in shares of Savers Value Village by 34.8% in the third quarter. Baillie Gifford & Co. now owns 550,634 shares of the company’s stock worth $5,793,000 after buying an additional 142,101 shares in the last quarter. Primecap Management Co. CA bought a new position in shares of Savers Value Village during the third quarter worth $651,000. Charles Schwab Investment Management Inc. grew its stake in Savers Value Village by 13.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 207,785 shares of the company’s stock valued at $2,186,000 after acquiring an additional 24,746 shares in the last quarter. Finally, FMR LLC increased its holdings 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 acquiring an additional 808,867 shares during the last quarter. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Savers Value Village Trading Up 0.4 %

SVV opened at $7.13 on Monday. The stock has a 50-day moving average of $10.10 and a 200 day moving average of $9.95. The company has a current ratio of 1.04, a quick ratio of 0.86 and a debt-to-equity ratio of 1.70. Savers Value Village, Inc. has a 12 month low of $6.56 and a 12 month high of $19.98. The firm has a market cap of $1.13 billion, a P/E ratio of 39.59 and a beta of 1.41.

Savers Value Village (NYSE:SVV) last announced its earnings results on Thursday, February 20th. The company reported $0.05 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 company had revenue of $401.99 million during the quarter, compared to analysts’ expectations of $402.00 million. As a group, research analysts forecast that Savers Value Village, Inc. will post 0.28 EPS for the current year.

Insider Buying and Selling at Savers Value Village

In other news, General Counsel Richard A. Medway sold 4,800 shares of the firm’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $11.48, for a total value of $55,104.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SVV. JPMorgan Chase & Co. cut 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. Piper Sandler cut their price target on Savers Value Village from $11.00 to $10.00 and set a “neutral” rating for the company in a report on Monday, February 24th. Finally, UBS Group decreased their price objective on Savers Value Village from $14.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Savers Value Village presently has an average rating of “Moderate Buy” and a consensus price target of $11.67.

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.