12,817 Shares in Supervalu Inc. (SVU) Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas bought a new stake in Supervalu Inc. (NYSE:SVU) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 12,817 shares of the company’s stock, valued at approximately $277,000.

Several other hedge funds have also modified their holdings of the company. LSV Asset Management raised its stake in shares of Supervalu by 3.4% in the 4th quarter. LSV Asset Management now owns 1,845,995 shares of the company’s stock valued at $39,873,000 after acquiring an additional 60,104 shares during the period. Boston Partners raised its stake in shares of Supervalu by 86.2% in the 4th quarter. Boston Partners now owns 671,740 shares of the company’s stock valued at $14,510,000 after acquiring an additional 310,893 shares during the period. Schwab Charles Investment Management Inc. raised its stake in shares of Supervalu by 22.9% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 449,754 shares of the company’s stock valued at $9,715,000 after acquiring an additional 83,853 shares during the period. OxFORD Asset Management LLP purchased a new position in shares of Supervalu in the 3rd quarter valued at $5,589,000. Finally, Russell Investments Group Ltd. raised its stake in shares of Supervalu by 35.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 177,211 shares of the company’s stock valued at $3,855,000 after acquiring an additional 46,711 shares during the period. 90.56% of the stock is currently owned by institutional investors and hedge funds.

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SVU has been the topic of a number of research reports. Telsey Advisory Group reissued a “market perform” rating and issued a $18.00 target price (down previously from $24.00) on shares of Supervalu in a research note on Thursday, January 11th. Zacks Investment Research downgraded shares of Supervalu from a “buy” rating to a “sell” rating in a research note on Tuesday, March 20th. ValuEngine raised shares of Supervalu from a “hold” rating to a “buy” rating in a research note on Thursday, December 7th. Finally, Royal Bank of Canada set a $34.00 target price on shares of Supervalu and gave the company a “buy” rating in a research note on Thursday, January 11th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company’s stock. Supervalu presently has an average rating of “Hold” and a consensus price target of $23.44.

Shares of Supervalu stock opened at $14.89 on Friday. The firm has a market cap of $566.91, a price-to-earnings ratio of 0.94 and a beta of 1.52. Supervalu Inc. has a fifty-two week low of $13.60 and a fifty-two week high of $31.29. The company has a current ratio of 1.24, a quick ratio of 0.47 and a debt-to-equity ratio of 4.65.

Supervalu (NYSE:SVU) last released its quarterly earnings results on Wednesday, January 10th. The company reported $0.61 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.13. The business had revenue of $3.94 billion during the quarter, compared to analyst estimates of $4 billion. Supervalu had a net margin of 4.17% and a return on equity of 26.48%. The business’s revenue was up 31.2% on a year-over-year basis. During the same period last year, the business earned $0.35 EPS. equities analysts anticipate that Supervalu Inc. will post 2.43 earnings per share for the current year.

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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.

Institutional Ownership by Quarter for Supervalu (NYSE:SVU)

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