The Supervalu Inc. (SVU) Shares Sold by Profund Advisors LLC

The Supervalu Inc. (SVU) Shares Sold by Profund Advisors LLC

A number of other large investors have also recently modified their holdings of SVU. Assenagon Asset Management S.A. purchased a new stake in shares of Supervalu during the fourth quarter worth $108,000. State of Alaska Department of Revenue boosted its stake 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 in the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Supervalu by 141.5% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 25,600 shares of the company’s stock worth $128,000 after buying an additional 15,000 shares in the last quarter. Sigma Planning Corp boosted its stake 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 in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Supervalu during the fourth quarter worth $171,000. Institutional investors own 85.27% of the company’s stock.

Profund Advisors LLC cut its position in shares of Supervalu Inc. (NYSE:SVU) by 29.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 57,677 shares of the company’s stock after selling 24,235 shares during the period. Profund Advisors LLC’s holdings in Supervalu were worth $223,000 at the end of the most recent reporting period.

Shares of Supervalu Inc. (SVU) opened at 3.98 on Monday. The stock has a market cap of $1.06 billion, a PE ratio of 1.62 and a beta of 2.07. The stock’s 50 day moving average price is $3.99 and its 200 day moving average price is $4.13. Supervalu Inc. has a 1-year low of $3.20 and a 1-year high of $5.74.

Supervalu (NYSE:SVU) last announced its quarterly earnings results on Tuesday, April 25th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.04. The business had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.90 billion. Supervalu had a negative return on equity of 43.47% and a net margin of 0.64%. The business’s revenue was up .6% on a year-over-year basis. During the same quarter last year, the business posted $0.23 EPS. On average, equities research analysts anticipate that Supervalu Inc. will post $0.35 EPS for the current fiscal year.

Several research firms have recently commented on SVU. Royal Bank of Canada restated a “hold” rating and set a $6.00 price target on shares of Supervalu in a research note on Wednesday, March 15th. Zacks Investment Research upgraded Supervalu from a “sell” rating to a “hold” rating in a research note on Wednesday, March 15th. ValuEngine cut Supervalu from a “buy” rating to a “hold” rating in a research note on Friday. Finally, Guggenheim restated a “neutral” rating on shares of Supervalu in a research note on Wednesday, April 19th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $5.32.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “SVU”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Want to see what other hedge funds are holding SVU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Supervalu Inc. (NYSE:SVU).

Related posts

Leave a Comment