Raymond James & Associates Makes New Investment in Savers Value Village, Inc. (NYSE:SVV)

Raymond James & Associates acquired a new position in shares of Savers Value Village, Inc. (NYSE:SVV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,203 shares of the company’s stock, valued at approximately $386,000.

Other hedge funds have also recently bought and sold shares of the company. Amalgamated Bank acquired a new position in Savers Value Village during the third quarter worth $60,000. Citigroup Inc. bought a new stake in shares of Savers Value Village during the third quarter worth $92,000. Quantbot Technologies LP bought a new stake in shares of Savers Value Village during the third quarter worth $188,000. Picton Mahoney Asset Management bought a new stake in shares of Savers Value Village during the third quarter worth $188,000. Finally, New York State Common Retirement Fund bought a new stake in shares of Savers Value Village during the third quarter worth $202,000. 98.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Savers Value Village

In related news, insider Jubran N. Tanious sold 10,000 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $18.43, for a total value of $184,300.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CEO Mark T. Walsh sold 4,512 shares of the firm’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $18.05, for a total value of $81,441.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jubran N. Tanious sold 10,000 shares of the firm’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $18.43, for a total value of $184,300.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 75,855 shares of company stock worth $1,422,950.

Savers Value Village Trading Up 0.3 %

Shares of SVV stock opened at $17.13 on Friday. The stock’s fifty day moving average is $18.62 and its 200-day moving average is $17.04. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.93 and a current ratio of 1.07. Savers Value Village, Inc. has a 52 week low of $10.16 and a 52 week high of $26.88.

Savers Value Village (NYSE:SVV) last announced its earnings results on Thursday, March 7th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.06). The business had revenue of $382.77 million for the quarter, compared to the consensus estimate of $383.07 million. Savers Value Village had a return on equity of 14.98% and a net margin of 3.54%. As a group, sell-side analysts forecast that Savers Value Village, Inc. will post 0.55 EPS for the current year.

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.