Macquarie Group Ltd. Continues to Hold Position in SuperValu Inc. (SVU)

Macquarie Group Ltd. maintained its position in SuperValu Inc. (NYSE:SVU) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 124,600 shares of the company’s stock at the end of the 2nd quarter. Macquarie Group Ltd. owned approximately 0.33% of SuperValu worth $410,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SVU. BlackRock Inc. raised its holdings in shares of SuperValu by 11,576.6% during the 1st quarter. BlackRock Inc. now owns 41,258,226 shares of the company’s stock valued at $159,258,000 after purchasing an additional 40,904,886 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of SuperValu by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 29,991,105 shares of the company’s stock valued at $98,671,000 after purchasing an additional 682,044 shares in the last quarter. State Street Corp raised its holdings in shares of SuperValu by 7.7% during the 1st quarter. State Street Corp now owns 8,208,363 shares of the company’s stock valued at $31,686,000 after purchasing an additional 586,022 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of SuperValu by 35.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 7,299,814 shares of the company’s stock valued at $24,016,000 after purchasing an additional 1,903,023 shares in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of SuperValu by 1.2% during the 2nd quarter. Principal Financial Group Inc. now owns 5,402,588 shares of the company’s stock valued at $17,775,000 after purchasing an additional 62,061 shares in the last quarter.

SuperValu Inc. (SVU) opened at 16.29 on Wednesday. SuperValu Inc. has a 1-year low of $14.55 and a 1-year high of $36.68. The firm has a market capitalization of $621.33 million, a price-to-earnings ratio of 1.01 and a beta of 2.13. The company has a 50-day moving average of $19.52 and a 200-day moving average of $23.31.

SuperValu (NYSE:SVU) last posted its quarterly earnings results on Wednesday, October 18th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.11. SuperValu had a net margin of 4.08% and a return on equity of 41.33%. The firm had revenue of $3.80 billion for the quarter, compared to analyst estimates of $3.78 billion. During the same period in the prior year, the firm posted $0.70 earnings per share. The company’s quarterly revenue was up 35.5% compared to the same quarter last year. On average, equities analysts predict that SuperValu Inc. will post $2.22 earnings per share for the current year.

A number of research analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of SuperValu from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. TheStreet downgraded shares of SuperValu from a “c” rating to a “d+” rating in a report on Wednesday, October 18th. Northcoast Research restated a “neutral” rating on shares of SuperValu in a report on Thursday, October 19th. BidaskClub downgraded shares of SuperValu from a “sell” rating to a “strong sell” rating in a report on Friday, August 11th. Finally, Pivotal Research restated a “buy” rating and set a $38.50 price target on shares of SuperValu in a report on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $30.33.

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About SuperValu

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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