Janus Henderson Group PLC Purchases New Holdings in Savers Value Village, Inc. (NYSE:SVV)

Janus Henderson Group PLC acquired a new position in Savers Value Village, Inc. (NYSE:SVV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 12,500 shares of the company’s stock, valued at approximately $128,000.

Other institutional investors have also bought and sold shares of the company. Baillie Gifford & Co. grew its stake in shares of Savers Value Village by 570.0% during the 4th quarter. Baillie Gifford & Co. now owns 3,689,478 shares of the company’s stock worth $37,817,000 after acquiring an additional 3,138,844 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in Savers Value Village by 49.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 5,969,900 shares of the company’s stock worth $61,192,000 after buying an additional 1,970,894 shares during the period. Ameriprise Financial Inc. bought a new position in Savers Value Village in the 4th quarter worth approximately $11,324,000. Marshall Wace LLP grew its stake in Savers Value Village by 1,328.7% in the 4th quarter. Marshall Wace LLP now owns 541,103 shares of the company’s stock valued at $5,546,000 after buying an additional 503,230 shares in the last quarter. Finally, Primecap Management Co. CA raised its holdings in Savers Value Village by 662.1% during the 4th quarter. Primecap Management Co. CA now owns 471,750 shares of the company’s stock valued at $4,835,000 after acquiring an additional 409,850 shares during the period. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Insider Activity at Savers Value Village

In other news, insider T. Charles Hunsinger bought 6,000 shares of the stock in a transaction dated Friday, March 7th. The stock was bought at an average price of $7.25 per share, for a total transaction of $43,500.00. Following the purchase, the insider now directly owns 14,100 shares in the company, valued at $102,225. This trade represents a 74.07% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Mark T. Walsh sold 40,000 shares of the company’s stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $8.86, for a total value of $354,400.00. The disclosure for this sale can be found here. Insiders have sold a total of 57,094 shares of company stock worth $550,834 over the last quarter. Corporate insiders own 2.38% of the company’s stock.

Savers Value Village Price Performance

Shares of Savers Value Village stock opened at $9.87 on Monday. The company’s fifty day simple moving average is $8.91 and its two-hundred day simple moving average is $9.43. Savers Value Village, Inc. has a 12-month low of $6.48 and a 12-month high of $14.28. The firm has a market cap of $1.53 billion, a PE ratio of 54.86 and a beta of 0.95. The company has a quick ratio of 0.86, a current ratio of 1.04 and a debt-to-equity ratio of 1.70.

Savers Value Village (NYSE:SVV) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.04). The business had revenue of $401.99 million during the quarter, compared to the consensus estimate of $402.00 million. Savers Value Village had a return on equity of 8.74% and a net margin of 1.89%. As a group, equities analysts expect that Savers Value Village, Inc. will post 0.28 EPS for the current year.

Analyst Upgrades and Downgrades

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

About Savers Value Village

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.