Dimensional Fund Advisors LP Takes $767,000 Position in Savers Value Village, Inc. (NYSE:SVV)

Dimensional Fund Advisors LP bought a new position in Savers Value Village, Inc. (NYSE:SVV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 74,871 shares of the company’s stock, valued at approximately $767,000.

Other institutional investors have also made changes to their positions in the company. Baillie Gifford & Co. lifted its stake in shares of Savers Value Village by 570.0% in the fourth quarter. Baillie Gifford & Co. now owns 3,689,478 shares of the company’s stock worth $37,817,000 after buying an additional 3,138,844 shares during the last quarter. Handelsbanken Fonder AB bought a new stake in Savers Value Village in the 4th quarter valued at $138,000. Bank of New York Mellon Corp increased its holdings in Savers Value Village by 94.0% in the 4th quarter. Bank of New York Mellon Corp now owns 124,901 shares of the company’s stock valued at $1,280,000 after buying an additional 60,507 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Savers Value Village by 8.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 225,267 shares of the company’s stock valued at $2,309,000 after purchasing an additional 17,482 shares in the last quarter. Finally, Aigen Investment Management LP boosted its stake in shares of Savers Value Village by 11.2% in the 4th quarter. Aigen Investment Management LP now owns 17,175 shares of the company’s stock valued at $176,000 after purchasing an additional 1,726 shares in the last quarter. 98.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on SVV. JPMorgan Chase & Co. cut their target price on shares of Savers Value Village from $10.00 to $9.00 and set a “neutral” rating on the stock in a research report on Friday, February 21st. The Goldman Sachs Group upped their price target on Savers Value Village from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Friday, May 2nd. Piper Sandler increased their target price on Savers Value Village from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Friday, May 2nd. William Blair began coverage on Savers Value Village in a research report on Friday, April 4th. They set an “outperform” rating for the company. Finally, UBS Group decreased their price target on Savers Value Village from $14.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $11.83.

Insider Buying and Selling

In other Savers Value Village news, insider T. Charles Hunsinger acquired 6,000 shares of the company’s stock in a transaction on Friday, March 7th. The stock was acquired at an average price of $7.25 per share, for a total transaction of $43,500.00. Following the acquisition, the insider now owns 14,100 shares in the company, valued at $102,225. This represents a 74.07% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, General Counsel Richard A. Medway sold 16,490 shares of the firm’s stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $11.49, for a total value of $189,470.10. The disclosure for this sale can be found here. 2.38% of the stock is owned by corporate insiders.

Savers Value Village Price Performance

Shares of Savers Value Village stock opened at $10.09 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.86 and a debt-to-equity ratio of 1.70. The firm has a market capitalization of $1.59 billion, a PE ratio of 56.03 and a beta of 0.95. The business’s 50-day moving average price is $8.61 and its 200-day moving average price is $9.47. Savers Value Village, Inc. has a 12 month low of $6.48 and a 12 month high of $14.28.

Savers Value Village (NYSE:SVV) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.04). Savers Value Village had a return on equity of 8.74% and a net margin of 1.89%. The company had revenue of $401.99 million for the quarter, compared to the consensus estimate of $402.00 million. Sell-side analysts forecast that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal 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.