Shares of Supervalu Inc. (NYSE:SVU) have received an average recommendation of “Hold” from the eight research firms that are presently covering the firm. Six analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $5.33.

SVU has been the subject of a number of analyst reports. Royal Bank of Canada set a $6.00 price target on shares of Supervalu and gave the stock a “buy” rating in a research note on Thursday, April 27th. Zacks Investment Research upgraded shares of Supervalu from a “sell” rating to a “hold” rating in a research note on Wednesday, March 15th. Finally, Guggenheim restated a “neutral” rating on shares of Supervalu in a research note on Monday, May 1st.

Supervalu (NYSE:SVU) opened at 3.99 on Monday. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of 1.63 and a beta of 2.07. Supervalu has a 12-month low of $3.20 and a 12-month high of $5.74. The stock’s 50 day moving average price is $3.95 and its 200 day moving average price is $4.17.

Supervalu (NYSE:SVU) last announced its quarterly earnings results on Tuesday, April 25th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.04. The firm had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.90 billion. Supervalu had a net margin of 0.64% and a negative return on equity of 43.47%. The company’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter last year, the company earned $0.23 earnings per share. On average, equities research analysts anticipate that Supervalu will post $0.35 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Louisiana State Employees Retirement System boosted its position in Supervalu by 66.3% in the third quarter. Louisiana State Employees Retirement System now owns 117,400 shares of the company’s stock worth $586,000 after buying an additional 46,800 shares during the period. Teachers Advisors LLC boosted its position in Supervalu by 1.3% in the third quarter. Teachers Advisors LLC now owns 423,106 shares of the company’s stock worth $2,111,000 after buying an additional 5,587 shares during the period. BlackRock Institutional Trust Company N.A. boosted its position in Supervalu by 0.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 9,416,196 shares of the company’s stock worth $46,987,000 after buying an additional 74,483 shares during the period. Mitsubishi UFJ Trust & Banking Corp boosted its position in Supervalu by 12.5% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 24,170 shares of the company’s stock worth $121,000 after buying an additional 2,689 shares during the period. Finally, Sabal Capital Management LLC purchased a new position in Supervalu during the third quarter worth about $781,000. Institutional investors own 85.27% of the company’s stock.

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About Supervalu

Supervalu Inc is a wholesale distributor to independent retail customers across the United States. The Company’s segments include Wholesale and Retail. The Company offers a range of advertised brand name and private-label products, including grocery (both perishable and nonperishable), general merchandise and home, health and beauty care, and pharmacy, which are sold through Company-operated and licensed Retail stores to shoppers and through its Wholesale segment to independent retail customers.

12 Month Chart for NYSE:SVU

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