Savers Value Village, Inc. (NYSE:SVV) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its position in Savers Value Village, Inc. (NYSE:SVV) by 13.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 207,785 shares of the company’s stock after acquiring an additional 24,746 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Savers Value Village were worth $2,186,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Hsbc Holdings PLC lifted its stake in Savers Value Village by 6.7% in the 2nd quarter. Hsbc Holdings PLC now owns 27,879 shares of the company’s stock valued at $335,000 after buying an additional 1,749 shares in the last quarter. Aigen Investment Management LP lifted its stake in shares of Savers Value Village by 29.0% during the 3rd quarter. Aigen Investment Management LP now owns 15,449 shares of the company’s stock worth $163,000 after purchasing an additional 3,477 shares during the period. Sei Investments Co. lifted its stake in shares of Savers Value Village by 8.9% during the 2nd quarter. Sei Investments Co. now owns 58,704 shares of the company’s stock worth $719,000 after purchasing an additional 4,808 shares during the period. nVerses Capital LLC purchased a new position in shares of Savers Value Village during the 2nd quarter worth $62,000. Finally, TD Asset Management Inc lifted its stake in shares of Savers Value Village by 26.8% during the 2nd quarter. TD Asset Management Inc now owns 52,056 shares of the company’s stock worth $637,000 after purchasing an additional 11,000 shares during the period. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

Separately, Piper Sandler reissued a “neutral” rating and set a $10.00 price target (down previously from $11.00) on shares of Savers Value Village in a research note on Friday, November 8th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $12.00.

Savers Value Village Trading Up 0.5 %

Shares of SVV opened at $9.64 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.86 and a debt-to-equity ratio of 1.70. The firm has a market capitalization of $1.54 billion, a P/E ratio of 20.96 and a beta of 1.40. The stock’s fifty day simple moving average is $9.83 and its 200 day simple moving average is $10.44. Savers Value Village, Inc. has a twelve month low of $7.78 and a twelve month high of $21.33.

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.