Landscape Capital Management L.L.C. boosted its stake in shares of Savers Value Village, Inc. (NYSE:SVV – Free Report) by 67.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 411,476 shares of the company’s stock after acquiring an additional 165,924 shares during the quarter. Landscape Capital Management L.L.C. owned 0.26% of Savers Value Village worth $3,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors also recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd boosted its holdings in Savers Value Village by 281.8% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,909 shares of the company’s stock valued at $25,000 after acquiring an additional 1,409 shares during the period. Deutsche Bank AG boosted its holdings in Savers Value Village by 11.2% during the 4th quarter. Deutsche Bank AG now owns 14,648 shares of the company’s stock valued at $137,000 after acquiring an additional 1,472 shares during the period. Nuveen LLC boosted its holdings in Savers Value Village by 1.8% during the 4th quarter. Nuveen LLC now owns 114,022 shares of the company’s stock valued at $1,065,000 after acquiring an additional 2,042 shares during the period. Invesco Ltd. boosted its holdings in Savers Value Village by 5.9% during the 2nd quarter. Invesco Ltd. now owns 39,781 shares of the company’s stock valued at $406,000 after acquiring an additional 2,224 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in Savers Value Village by 5.7% during the 4th quarter. SG Americas Securities LLC now owns 46,128 shares of the company’s stock valued at $431,000 after acquiring an additional 2,469 shares during the period. 98.78% of the stock is currently owned by hedge funds and other institutional investors.
Savers Value Village Trading Up 0.1%
SVV opened at $10.00 on Monday. The stock has a market cap of $1.54 billion, a PE ratio of 71.41 and a beta of 1.32. The company has a quick ratio of 0.59, a current ratio of 0.79 and a debt-to-equity ratio of 1.64. The business has a 50 day moving average of $8.40 and a 200-day moving average of $9.09. Savers Value Village, Inc. has a 52 week low of $6.91 and a 52 week high of $13.89.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on SVV. Robert W. Baird dropped their target price on Savers Value Village from $13.00 to $12.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. UBS Group restated a “buy” rating on shares of Savers Value Village in a report on Wednesday, February 18th. Piper Sandler dropped their target price on Savers Value Village from $12.00 to $11.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Weiss Ratings cut Savers Value Village from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, May 7th. Finally, BTIG Research dropped their target price on Savers Value Village from $18.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $14.00.
Savers Value Village Profile
Savers Value Village, Inc (NYSE: SVV) is a publicly traded thrift retailer that operates a network of donation-based retail stores. Headquartered in Bellevue, Washington, the company specializes in selling second-hand apparel, footwear, household items, accessories and other pre-owned goods. Through its retail stores, SVV offers value-conscious shoppers the opportunity to purchase quality, gently used merchandise at affordable prices.
At the heart of the company’s model is a partnership network with more than 500 nonprofit organizations across North America.
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