OxFORD Asset Management LLP Takes Position in SuperValu Inc. (SVU)

OxFORD Asset Management LLP acquired a new stake in SuperValu Inc. (NYSE:SVU) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 254,261 shares of the company’s stock, valued at approximately $5,589,000. OxFORD Asset Management LLP owned about 0.66% of SuperValu at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SVU. Dimensional Fund Advisors LP increased its holdings in SuperValu by 35.3% in the second quarter. Dimensional Fund Advisors LP now owns 7,299,814 shares of the company’s stock valued at $24,016,000 after purchasing an additional 1,903,023 shares during the last quarter. Cooper Creek Partners Management LLC increased its holdings in SuperValu by 60.8% in the second quarter. Cooper Creek Partners Management LLC now owns 4,817,245 shares of the company’s stock valued at $15,849,000 after purchasing an additional 1,820,941 shares during the last quarter. Gotham Asset Management LLC bought a new stake in SuperValu in the second quarter valued at about $4,222,000. Schwab Charles Investment Management Inc. increased its holdings in SuperValu by 59.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 2,769,774 shares of the company’s stock valued at $9,113,000 after purchasing an additional 1,030,762 shares during the last quarter. Finally, Numeric Investors LLC bought a new stake in SuperValu in the second quarter valued at about $2,283,000. Institutional investors and hedge funds own 83.25% of the company’s stock.

Shares of SuperValu Inc. (NYSE SVU) traded down $0.53 during trading on Wednesday, hitting $18.46. The company’s stock had a trading volume of 931,000 shares, compared to its average volume of 814,045. SuperValu Inc. has a 12 month low of $14.55 and a 12 month high of $35.91. The company has a market capitalization of $729.38, a P/E ratio of 8.08 and a beta of 2.29. The company has a quick ratio of 0.57, a current ratio of 1.21 and a debt-to-equity ratio of 4.76.

SuperValu (NYSE:SVU) last announced its quarterly earnings results on Wednesday, October 18th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.11. The company had revenue of $3.80 billion during the quarter, compared to the consensus estimate of $3.78 billion. SuperValu had a return on equity of 41.33% and a net margin of 4.08%. The company’s revenue for the quarter was up 35.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.70 earnings per share. equities research analysts expect that SuperValu Inc. will post 2.26 EPS for the current fiscal year.

A number of equities research analysts recently commented on the company. Zacks Investment Research downgraded SuperValu from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Goldman Sachs Group restated a “sell” rating and issued a $14.00 price target on shares of SuperValu in a report on Tuesday, November 14th. TheStreet downgraded SuperValu from a “c” rating to a “d+” rating in a report on Wednesday, October 18th. Northcoast Research restated a “neutral” rating on shares of SuperValu in a report on Thursday, October 19th. Finally, BidaskClub downgraded SuperValu from a “sell” rating to a “strong sell” rating in a report on Friday, August 11th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $26.50.

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SuperValu Company Profile

Supervalu Inc is a wholesale distributor to independent retail customers across the United States. The Company’s segments include Wholesale and Retail. The Company offers a range of advertised brand name and private-label products, including grocery (both perishable and nonperishable), general merchandise and home, health and beauty care, and pharmacy, which are sold through Company-operated and licensed Retail stores to shoppers and through its Wholesale segment to independent retail customers.

Institutional Ownership by Quarter for SuperValu (NYSE:SVU)

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