UBS Group AG Buys 73,501 Shares of SuperValu Inc. (SVU)

UBS Group AG boosted its position in shares of SuperValu Inc. (NYSE:SVU) by 287.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,104 shares of the company’s stock after buying an additional 73,501 shares during the period. UBS Group AG’s holdings in SuperValu were worth $383,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in SuperValu by 2.2% in the first quarter. Dimensional Fund Advisors LP now owns 5,396,791 shares of the company’s stock worth $20,831,000 after buying an additional 118,740 shares during the last quarter. Kennedy Capital Management Inc. increased its stake in SuperValu by 9.9% in the first quarter. Kennedy Capital Management Inc. now owns 2,000,320 shares of the company’s stock worth $7,721,000 after buying an additional 179,746 shares during the period. Geode Capital Management LLC increased its stake in SuperValu by 5.4% in the first quarter. Geode Capital Management LLC now owns 1,983,435 shares of the company’s stock worth $7,656,000 after buying an additional 101,179 shares during the period. Thrivent Financial For Lutherans increased its stake in SuperValu by 318.8% in the first quarter. Thrivent Financial For Lutherans now owns 597,785 shares of the company’s stock worth $2,307,000 after buying an additional 455,040 shares during the period. Finally, Royce & Associates LP increased its stake in SuperValu by 20.5% in the first quarter. Royce & Associates LP now owns 1,187,160 shares of the company’s stock worth $4,582,000 after buying an additional 202,000 shares during the period.

Shares of SuperValu Inc. (SVU) traded up 0.54% during midday trading on Friday, reaching $22.47. 483,580 shares of the company’s stock traded hands. The stock’s 50-day moving average price is $23.36 and its 200 day moving average price is $25.62. SuperValu Inc. has a one year low of $20.30 and a one year high of $40.18. The firm has a market capitalization of $857.05 million, a PE ratio of 1.39 and a beta of 2.06.

SuperValu (NYSE:SVU) last posted its earnings results on Tuesday, July 25th. The company reported $0.63 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.70 by $0.07. SuperValu had a return on equity of 220.54% and a net margin of 4.46%. The firm had revenue of $4 billion for the quarter, compared to analyst estimates of $3.91 billion. During the same period in the previous year, the company posted $1.33 EPS. SuperValu’s revenue was up 6.3% on a year-over-year basis. On average, equities research analysts expect that SuperValu Inc. will post $2.36 earnings per share for the current fiscal year.

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A number of analysts recently issued reports on the stock. Telsey Advisory Group decreased their price objective on shares of SuperValu from $38.50 to $31.50 and set a “market perform” rating for the company in a report on Tuesday, June 27th. Pivotal Research restated a “buy” rating and set a $38.50 price objective on shares of SuperValu in a report on Wednesday, July 26th. Zacks Investment Research downgraded shares of SuperValu from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st. Royal Bank Of Canada reiterated a “buy” rating and issued a $42.00 target price on shares of SuperValu in a research note on Tuesday, May 30th. Finally, ValuEngine upgraded shares of SuperValu from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 3rd. One analyst has rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $32.08.

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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