Macquarie Group Ltd. Sells 83,343 Shares of SuperValu Inc. (SVU)

Macquarie Group Ltd. decreased its holdings in SuperValu Inc. (NYSE:SVU) by 66.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,257 shares of the company’s stock after selling 83,343 shares during the quarter. Macquarie Group Ltd. owned 0.11% of SuperValu worth $897,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in SVU. Teachers Advisors LLC grew its holdings in shares of SuperValu by 2.6% in the 1st quarter. Teachers Advisors LLC now owns 465,903 shares of the company’s stock worth $1,798,000 after purchasing an additional 11,720 shares during the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of SuperValu by 5.6% in the 1st quarter. Public Employees Retirement System of Ohio now owns 31,755 shares of the company’s stock worth $123,000 after purchasing an additional 1,687 shares during the last quarter. Aperio Group LLC grew its holdings in shares of SuperValu by 10.2% in the 2nd quarter. Aperio Group LLC now owns 85,546 shares of the company’s stock worth $281,000 after purchasing an additional 7,920 shares during the last quarter. US Bancorp DE grew its holdings in shares of SuperValu by 2.5% in the 2nd quarter. US Bancorp DE now owns 74,027 shares of the company’s stock worth $244,000 after purchasing an additional 1,836 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of SuperValu by 356.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 130,500 shares of the company’s stock worth $429,000 after purchasing an additional 101,890 shares during the last quarter. Institutional investors own 83.25% of the company’s stock.

Shares of SuperValu Inc. (NYSE:SVU) traded up $0.68 during trading hours on Monday, reaching $19.59. 1,192,100 shares of the company’s stock were exchanged, compared to its average volume of 817,810. SuperValu Inc. has a 12-month low of $14.55 and a 12-month high of $35.91. The company has a current ratio of 1.21, a quick ratio of 0.57 and a debt-to-equity ratio of 4.76. The company has a market cap of $752.42, a price-to-earnings ratio of 8.34 and a beta of 2.29.

SuperValu (NYSE:SVU) last issued its quarterly earnings data on Wednesday, October 18th. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the firm earned $0.70 EPS. The company’s revenue was up 35.5% on a year-over-year basis. analysts expect that SuperValu Inc. will post 2.26 EPS for the current year.

Several research firms have recently weighed in on SVU. Goldman Sachs Group reaffirmed a “sell” rating and issued a $14.00 target price on shares of SuperValu in a report on Tuesday, November 14th. TheStreet lowered shares of SuperValu from a “c” rating to a “d+” rating in a report on Wednesday, October 18th. Northcoast Research reissued a “neutral” rating on shares of SuperValu in a report on Thursday, October 19th. ValuEngine raised shares of SuperValu from a “hold” rating to a “buy” rating in a report on Wednesday, October 18th. Finally, Pivotal Research set a $42.00 price objective on shares of SuperValu and gave the stock a “buy” rating in a report on Wednesday, August 23rd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $26.50.

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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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