Tudor Investment Corp ET AL cut its position in SuperValu Inc. (NYSE:SVU) by 25.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 65,000 shares of the company’s stock after selling 22,766 shares during the period. Tudor Investment Corp ET AL’s holdings in SuperValu were worth $251,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of SVU. State of Alaska Department of Revenue increased its position in shares of SuperValu by 2.7% in the first quarter. State of Alaska Department of Revenue now owns 29,540 shares of the company’s stock worth $114,000 after buying an additional 770 shares during the last quarter. Sigma Planning Corp increased its position in shares of SuperValu by 2.7% in the first quarter. Sigma Planning Corp now owns 40,059 shares of the company’s stock worth $155,000 after buying an additional 1,050 shares during the last quarter. Louisiana State Employees Retirement System increased its position in shares of SuperValu by 1.9% in the first quarter. Louisiana State Employees Retirement System now owns 109,000 shares of the company’s stock worth $421,000 after buying an additional 2,000 shares during the last quarter. FMR LLC increased its position in shares of SuperValu by 0.5% in the fourth quarter. FMR LLC now owns 426,802 shares of the company’s stock worth $1,993,000 after buying an additional 2,200 shares during the last quarter. Finally, Arizona State Retirement System increased its position in shares of SuperValu by 1.8% in the first quarter. Arizona State Retirement System now owns 139,500 shares of the company’s stock worth $538,000 after buying an additional 2,500 shares during the last quarter. 80.40% of the stock is owned by institutional investors.
SuperValu Inc. (NYSE:SVU) opened at 3.74 on Wednesday. The company has a 50 day moving average price of $3.39 and a 200 day moving average price of $3.77. The firm has a market capitalization of $998.58 million, a P/E ratio of 1.52 and a beta of 2.02. SuperValu Inc. has a 52-week low of $2.90 and a 52-week high of $5.74.
SuperValu (NYSE:SVU) last released its quarterly earnings data on Tuesday, July 25th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.01. The firm had revenue of $4 billion for the quarter, compared to analysts’ expectations of $3.91 billion. SuperValu had a negative return on equity of 88.07% and a net margin of 4.34%. SuperValu’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period last year, the firm posted $0.19 earnings per share. On average, equities analysts forecast that SuperValu Inc. will post $0.32 EPS for the current fiscal year.
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SVU has been the topic of a number of recent analyst reports. Guggenheim reaffirmed a “neutral” rating on shares of SuperValu in a research report on Wednesday, April 19th. Royal Bank Of Canada set a $6.00 price target on SuperValu and gave the stock a “buy” rating in a research report on Thursday, April 27th. Zacks Investment Research raised SuperValu from a “sell” rating to a “hold” rating in a research report on Monday, May 8th. ValuEngine downgraded SuperValu from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $3.50 price target (down from $4.50) on shares of SuperValu in a research report on Monday, June 19th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. SuperValu currently has an average rating of “Hold” and a consensus price target of $4.92.
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.
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