Supervalu Inc. (SVU) Holdings Raised by LSV Asset Management

LSV Asset Management boosted its holdings in Supervalu Inc. (NYSE:SVU) by 3.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,845,995 shares of the company’s stock after buying an additional 60,104 shares during the quarter. LSV Asset Management owned 4.81% of Supervalu worth $39,873,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of SVU. Amalgamated Bank increased its position in shares of Supervalu by 0.7% during the 2nd quarter. Amalgamated Bank now owns 36,224 shares of the company’s stock valued at $119,000 after purchasing an additional 246 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Supervalu in the 3rd quarter worth approximately $147,000. Crossmark Global Holdings Inc. purchased a new stake in Supervalu in the 3rd quarter worth approximately $252,000. Nine Chapters Capital Management LLC increased its holdings in Supervalu by 75.7% in the 3rd quarter. Nine Chapters Capital Management LLC now owns 18,100 shares of the company’s stock worth $394,000 after acquiring an additional 7,800 shares in the last quarter. Finally, Voya Investment Management LLC increased its holdings in Supervalu by 11.9% in the 2nd quarter. Voya Investment Management LLC now owns 120,015 shares of the company’s stock worth $395,000 after acquiring an additional 12,729 shares in the last quarter. 82.67% of the stock is owned by institutional investors and hedge funds.

SVU has been the subject of several analyst reports. Pivotal Research set a $39.00 target price on shares of Supervalu and gave the stock a “buy” rating in a report on Tuesday, October 17th. Telsey Advisory Group restated a “market perform” rating and issued a $18.00 price target (down from $24.00) on shares of Supervalu in a research note on Thursday, January 11th. Wells Fargo & Co began coverage on Supervalu in a research note on Friday, November 3rd. They issued a “market perform” rating and a $16.00 price target for the company. Morgan Stanley dropped their price target on Supervalu from $22.50 to $20.50 and set an “equal weight” rating for the company in a research note on Thursday, October 19th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $35.00 target price on shares of Supervalu in a research report on Thursday, October 19th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $24.69.

Supervalu Inc. (SVU) traded up $0.17 during mid-day trading on Wednesday, reaching $14.65. The company’s stock had a trading volume of 453,494 shares, compared to its average volume of 1,943,576. The company has a debt-to-equity ratio of 4.65, a quick ratio of 0.47 and a current ratio of 1.24. Supervalu Inc. has a twelve month low of $13.79 and a twelve month high of $31.29. The stock has a market capitalization of $585.35, a price-to-earnings ratio of 0.92 and a beta of 1.49.

Supervalu (NYSE:SVU) last released its earnings results on Wednesday, January 10th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.13. The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $4 billion. Supervalu had a return on equity of 26.48% and a net margin of 4.17%. The business’s revenue was up 31.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.35 earnings per share. equities research analysts forecast that Supervalu Inc. will post 2.34 earnings per share for the current fiscal year.

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Supervalu 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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