Shares of SuperValu Inc. (NYSE:SVU) traded down 2.3% on Friday . The stock traded as low as $5.15 and last traded at $5.17, with a volume of 1,017,071 shares changing hands. The stock had previously closed at $5.29.

Several analysts have recently weighed in on the company. Zacks Investment Research upgraded SuperValu from a “sell” rating to a “hold” rating in a research note on Tuesday, April 26th. Morgan Stanley restated a “hold” rating and set a $5.50 target price on shares of SuperValu in a research note on Friday, June 10th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $6.68.

The company has a 50-day moving average price of $4.75 and a 200-day moving average price of $5.06. The stock has a market capitalization of $1.39 billion and a price-to-earnings ratio of 7.94.

SuperValu (NYSE:SVU) last posted its quarterly earnings results on Tuesday, April 26th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.19 by $0.04. The company had revenue of $3.95 billion for the quarter, compared to analysts’ expectations of $4.02 billion. The company’s revenue was down 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.24 earnings per share. Analysts anticipate that SuperValu Inc. will post $0.71 EPS for the current fiscal year.

Several institutional investors recently bought and sold shares of the stock. Retirement Systems of Alabama boosted its position in SuperValu by 1.7% in the fourth quarter. Retirement Systems of Alabama now owns 341,693 shares of the company’s stock valued at $2,317,000 after buying an additional 5,740 shares in the last quarter. California State Teachers Retirement System raised its stake in SuperValu by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 485,142 shares of the company’s stock valued at $3,289,000 after buying an additional 7,718 shares during the last quarter. Rhumbline Advisers raised its stake in SuperValu by 1.1% in the fourth quarter. Rhumbline Advisers now owns 561,730 shares of the company’s stock valued at $3,809,000 after buying an additional 5,960 shares during the last quarter. California Public Employees Retirement System raised its stake in SuperValu by 5.7% in the fourth quarter. California Public Employees Retirement System now owns 416,200 shares of the company’s stock valued at $2,822,000 after buying an additional 22,300 shares during the last quarter. Finally, Engineers Gate Manager LP raised its stake in SuperValu by 1,185.9% in the fourth quarter. Engineers Gate Manager LP now owns 199,310 shares of the company’s stock valued at $1,351,000 after buying an additional 183,810 shares during the last quarter.

SUPERVALU INC. is a wholesale distributor to independent retail customers across the United States. The Company operates through three segments: Wholesale, Save-A-Lot and Retail. The Wholesale segment spans approximately 40 states and serves as a primary grocery supplier to approximately 1,800 stores of independent retail customers, in addition to its own Retail stores, as well as serving as a secondary grocery supplier to approximately 230 stores of independent retail customers.

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