Savers Value Village, Inc. (NYSE:SVV) Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. decreased its stake in Savers Value Village, Inc. (NYSE:SVV) by 0.8% during the 4th quarter, Holdings Channel reports. The firm owned 480,000 shares of the company’s stock after selling 4,000 shares during the quarter. Federated Hermes Inc.’s holdings in Savers Value Village were worth $8,342,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Amalgamated Bank acquired a new stake in shares of Savers Value Village in the third quarter valued at about $60,000. Citigroup Inc. purchased a new position in shares of Savers Value Village in the third quarter worth about $92,000. Quantbot Technologies LP purchased a new position in Savers Value Village during the third quarter worth about $188,000. Picton Mahoney Asset Management purchased a new position in Savers Value Village during the third quarter worth about $188,000. Finally, New York State Common Retirement Fund purchased a new position in Savers Value Village during the third quarter worth about $202,000. Institutional investors and hedge funds own 98.78% of the company’s stock.

Savers Value Village Stock Down 2.7 %

Shares of SVV stock opened at $17.24 on Thursday. The company has a quick ratio of 0.93, a current ratio of 1.07 and a debt-to-equity ratio of 2.09. The firm’s 50-day moving average is $18.77 and its two-hundred day moving average is $17.03. Savers Value Village, Inc. has a 12 month low of $10.16 and a 12 month high of $26.88.

Savers Value Village (NYSE:SVV) last announced its quarterly earnings results on Thursday, March 7th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.06). Savers Value Village had a net margin of 3.54% and a return on equity of 14.98%. The company had revenue of $382.77 million for the quarter, compared to analyst estimates of $383.07 million. Equities research analysts anticipate that Savers Value Village, Inc. will post 0.55 EPS for the current fiscal year.

Insider Activity at Savers Value Village

In other Savers Value Village news, CEO Mark T. Walsh sold 4,512 shares of the business’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $18.05, for a total transaction of $81,441.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Savers Value Village news, CEO Mark T. Walsh sold 4,512 shares of the business’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $18.05, for a total transaction of $81,441.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jubran N. Tanious sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $20.00, for a total transaction of $200,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 75,855 shares of company stock worth $1,422,950.

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.