SuperValu Inc. (NYSE:SVU) was down 2.3% during mid-day trading on Tuesday . The company traded as low as $4.61 and last traded at $4.64, with a volume of 1,246,476 shares trading hands. The stock had previously closed at $4.75.

A number of equities research analysts have issued reports on SVU shares. RBC Capital Markets restated a “sector perform” rating and set a $6.00 price target (down from $7.00) on shares of SuperValu in a research note on Friday, September 9th. Goldman Sachs Group Inc. restated a “neutral” rating and set a $5.00 price target on shares of SuperValu in a research note on Tuesday, July 26th. Zacks Investment Research downgraded SuperValu from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 28th. Royal Bank Of Canada restated a “sector perform” rating and set a $7.00 price target on shares of SuperValu in a research note on Thursday, July 28th. Finally, Morgan Stanley restated a “hold” rating and set a $5.50 price target on shares of SuperValu in a research note on Friday, June 10th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $5.97.

The company has a market capitalization of $1.22 billion, a P/E ratio of 7.72 and a beta of 1.93. The stock’s 50-day moving average price is $5.11 and its 200 day moving average price is $5.09.

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SuperValu (NYSE:SVU) last released its quarterly earnings results on Wednesday, July 27th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by $0.03. SuperValu had a net margin of 0.94% and a negative return on equity of 43.67%. The business earned $5.20 billion during the quarter, compared to analysts’ expectations of $5.30 billion. During the same quarter last year, the business posted $0.23 earnings per share. The company’s quarterly revenue was down 3.9% compared to the same quarter last year. Analysts predict that SuperValu Inc. will post $0.63 earnings per share for the current year.

A number of large investors have recently added to or reduced their stakes in SVU. Mason Street Advisors LLC acquired a new stake in SuperValu during the second quarter worth approximately $572,000. Public Employees Retirement System of Ohio boosted its stake in SuperValu by 12.4% in the second quarter. Public Employees Retirement System of Ohio now owns 28,485 shares of the company’s stock worth $134,000 after buying an additional 3,147 shares during the period. Amalgamated Bank boosted its stake in SuperValu by 12.7% in the second quarter. Amalgamated Bank now owns 33,010 shares of the company’s stock worth $162,000 after buying an additional 3,713 shares during the period. American Century Companies Inc. boosted its stake in SuperValu by 1.3% in the second quarter. American Century Companies Inc. now owns 462,721 shares of the company’s stock worth $2,184,000 after buying an additional 5,848 shares during the period. Finally, Legal & General Group Plc boosted its stake in SuperValu by 30.5% in the second quarter. Legal & General Group Plc now owns 829,828 shares of the company’s stock worth $3,898,000 after buying an additional 194,188 shares during the period. Institutional investors own 82.64% of the company’s stock.

SuperValu Company Profile

SUPERVALU INC. is a wholesale distributor to independent retail customers across the United States. The Company operates through three segments: Wholesale, Save-A-Lot and Retail. The Wholesale segment spans approximately 40 states and serves as a primary grocery supplier to approximately 1,800 stores of independent retail customers, in addition to its own Retail stores, as well as serving as a secondary grocery supplier to approximately 230 stores of independent retail customers.

5 Day Chart for NYSE:SVU

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