Gotham Asset Management LLC Purchases Shares of 1,283,270 SuperValu Inc. (SVU)

Gotham Asset Management LLC purchased a new stake in SuperValu Inc. (NYSE:SVU) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,283,270 shares of the company’s stock, valued at approximately $4,222,000. Gotham Asset Management LLC owned 3.36% of SuperValu as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. BlackRock Inc. increased its position in SuperValu by 11,576.6% in the 1st quarter. BlackRock Inc. now owns 41,258,226 shares of the company’s stock valued at $159,258,000 after acquiring an additional 40,904,886 shares during the period. Vanguard Group Inc. increased its position in SuperValu by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 29,991,105 shares of the company’s stock valued at $98,671,000 after acquiring an additional 682,044 shares during the period. UBS Oconnor LLC increased its position in SuperValu by 323.4% in the 1st quarter. UBS Oconnor LLC now owns 9,222,644 shares of the company’s stock valued at $35,599,000 after acquiring an additional 7,044,616 shares during the period. State Street Corp increased its position in SuperValu by 7.7% in the 1st quarter. State Street Corp now owns 8,208,363 shares of the company’s stock valued at $31,686,000 after acquiring an additional 586,022 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in SuperValu by 35.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 7,299,814 shares of the company’s stock valued at $24,016,000 after acquiring an additional 1,903,023 shares during the period.

Shares of SuperValu Inc. (NYSE SVU) opened at 20.01 on Friday. SuperValu Inc. has a one year low of $19.16 and a one year high of $38.43. The stock has a market cap of $763.22 million, a price-to-earnings ratio of 1.24 and a beta of 2.13. The firm has a 50-day moving average price of $20.70 and a 200-day moving average price of $13.45.

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

Several equities analysts recently issued reports on SVU shares. Royal Bank Of Canada set a $42.00 price target on SuperValu and gave the company a “buy” rating in a research report on Sunday, July 16th. ValuEngine cut SuperValu from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Telsey Advisory Group dropped their price target on SuperValu from $38.50 to $31.50 and set a “market perform” rating on the stock in a research report on Tuesday, June 27th. Pivotal Research set a $42.00 price target on SuperValu and gave the company a “buy” rating in a research report on Wednesday, August 23rd. Finally, Deutsche Bank AG restated a “hold” rating and issued a $28.00 price target (down previously from $35.00) on shares of SuperValu in a research report on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $32.67.

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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.

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Institutional Ownership by Quarter for SuperValu (NYSE:SVU)

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