Aigen Investment Management LP Acquires 3,477 Shares of Savers Value Village, Inc. (NYSE:SVV)

Aigen Investment Management LP raised its holdings in shares of Savers Value Village, Inc. (NYSE:SVV) by 29.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 15,449 shares of the company’s stock after acquiring an additional 3,477 shares during the period. Aigen Investment Management LP’s holdings in Savers Value Village were worth $163,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. nVerses Capital LLC acquired a new position in shares of Savers Value Village in the 2nd quarter valued at $62,000. Mount Yale Investment Advisors LLC acquired a new stake in shares of Savers Value Village in the 1st quarter valued at about $193,000. GSA Capital Partners LLP bought a new stake in shares of Savers Value Village in the third quarter valued at about $248,000. Victory Capital Management Inc. bought a new stake in Savers Value Village in the 2nd quarter valued at approximately $255,000. Finally, Hsbc Holdings PLC lifted its position in shares of Savers Value Village by 6.7% in the second quarter. Hsbc Holdings PLC now owns 27,879 shares of the company’s stock worth $335,000 after purchasing an additional 1,749 shares in the last quarter. Institutional investors and hedge funds own 98.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SVV. The Goldman Sachs Group downgraded Savers Value Village from a “buy” rating to a “neutral” rating and lowered their target price for the company from $14.00 to $10.00 in a research report on Friday, August 9th. Loop Capital lowered their target price on shares of Savers Value Village from $23.00 to $15.00 and set a “buy” rating on the stock in a report on Monday, August 12th. Robert W. Baird dropped their price target on shares of Savers Value Village from $21.00 to $13.00 and set an “outperform” rating on the stock in a research report on Friday, August 9th. JPMorgan Chase & Co. downgraded shares of Savers Value Village from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $21.00 to $12.00 in a research report on Monday, July 22nd. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $10.00 target price (down from $11.00) on shares of Savers Value Village in a report on Friday, November 8th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Savers Value Village currently has an average rating of “Hold” and a consensus price target of $12.00.

Insider Transactions at Savers Value Village

In other news, COO Jubran N. Tanious sold 7,889 shares of Savers Value Village stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $10.31, for a total transaction of $81,335.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.38% of the company’s stock.

Savers Value Village Trading Down 3.4 %

Shares of Savers Value Village stock opened at $9.16 on Monday. The business has a fifty day simple moving average of $10.10 and a two-hundred day simple moving average of $11.11. Savers Value Village, Inc. has a 1 year low of $7.78 and a 1 year high of $21.33. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 19.91 and a beta of 1.59. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.04 and a quick ratio of 0.87.

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.