Federated Hermes Inc. Sells 4,000 Shares of Savers Value Village, Inc. (NYSE:SVV)

Federated Hermes Inc. cut its holdings in Savers Value Village, Inc. (NYSE:SVV) by 0.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 480,000 shares of the company’s stock after selling 4,000 shares during the period. Federated Hermes Inc. owned approximately 0.30% of Savers Value Village worth $8,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Amalgamated Bank acquired a new stake in shares of Savers Value Village in the 3rd quarter valued at about $60,000. Citigroup Inc. acquired a new stake in shares of Savers Value Village in the 3rd quarter valued at about $92,000. Quantbot Technologies LP acquired a new stake in shares of Savers Value Village in the 3rd quarter valued at about $188,000. Picton Mahoney Asset Management acquired a new stake in shares of Savers Value Village in the 3rd quarter valued at about $188,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of Savers Value Village in the 3rd quarter valued at about $202,000. 98.78% of the stock is owned by institutional investors.

Savers Value Village Price Performance

Shares of SVV opened at $17.24 on Thursday. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.93 and a current ratio of 1.07. The stock has a 50-day moving average of $18.77 and a 200-day moving average of $17.03. Savers Value Village, Inc. has a one year low of $10.16 and a one year high of $26.88.

Savers Value Village (NYSE:SVV) last released its quarterly earnings results on Thursday, March 7th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.06). The company had revenue of $382.77 million for the quarter, compared to analyst estimates of $383.07 million. Savers Value Village had a net margin of 3.54% and a return on equity of 14.98%. On average, sell-side analysts anticipate that Savers Value Village, Inc. will post 0.55 earnings per share for the current fiscal year.

Insider Transactions at Savers Value Village

In other news, CEO Mark T. Walsh sold 2,793 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $18.01, for a total value of $50,301.93. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CEO Mark T. Walsh sold 2,793 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $18.01, for a total value of $50,301.93. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Jubran N. Tanious sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $20.00, for a total value of $200,000.00. The disclosure for this sale can be found here. Insiders have sold 75,855 shares of company stock worth $1,422,950 in the last 90 days.

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.