Dimensional Fund Advisors LP raised its holdings in shares of SuperValu Inc. (NYSE:SVU) by 35.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,299,814 shares of the company’s stock after buying an additional 1,903,023 shares during the period. Dimensional Fund Advisors LP’s holdings in SuperValu were worth $24,016,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Virtu KCG Holdings LLC purchased a new stake in SuperValu during the second quarter valued at approximately $539,000. Parametric Portfolio Associates LLC increased its holdings in SuperValu by 24.1% during the second quarter. Parametric Portfolio Associates LLC now owns 1,915,581 shares of the company’s stock valued at $6,302,000 after buying an additional 371,885 shares during the last quarter. Cooper Creek Partners Management LLC increased its holdings in SuperValu by 60.8% during the second quarter. Cooper Creek Partners Management LLC now owns 4,817,245 shares of the company’s stock valued at $15,849,000 after buying an additional 1,820,941 shares during the last quarter. Vanguard Group Inc. increased its holdings in SuperValu by 2.3% during the second quarter. Vanguard Group Inc. now owns 29,991,105 shares of the company’s stock valued at $98,671,000 after buying an additional 682,044 shares during the last quarter. Finally, Pinebridge Investments L.P. increased its holdings in SuperValu by 92.4% during the second quarter. Pinebridge Investments L.P. now owns 357,008 shares of the company’s stock valued at $1,174,000 after buying an additional 171,416 shares during the last quarter.

SuperValu Inc. (NYSE:SVU) opened at $16.61 on Tuesday. The company has a debt-to-equity ratio of 4.76, a quick ratio of 0.57 and a current ratio of 1.21. The stock has a market capitalization of $662.54, a price-to-earnings ratio of 7.34 and a beta of 2.30.

SuperValu (NYSE:SVU) last issued its earnings results on Wednesday, October 18th. The company reported $0.46 earnings per share for the quarter, topping the Zacks’ 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 during the quarter, compared to analyst estimates of $3.78 billion. During the same quarter in the prior year, the business earned $0.70 earnings per share. SuperValu’s revenue for the quarter was up 35.5% on a year-over-year basis. equities analysts forecast that SuperValu Inc. will post 2.26 earnings per share for the current fiscal year.

SVU has been the subject of a number of analyst reports. Royal Bank Of Canada set a $42.00 price objective on shares of SuperValu and gave the stock a “buy” rating in a research note on Monday, August 28th. Pivotal Research set a $42.00 price objective on shares of SuperValu and gave the stock a “buy” rating in a research note on Wednesday, August 23rd. Zacks Investment Research raised shares of SuperValu from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research note on Monday, July 31st. ValuEngine raised shares of SuperValu from a “hold” rating to a “buy” rating in a research note on Wednesday, October 18th. Finally, TheStreet cut shares of SuperValu from a “c” rating to a “d+” rating in a research note on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $28.29.

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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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