SuperValu Inc. (NYSE:SVU) traded down 1.9% during trading on Friday . The stock traded as low as $5.22 and last traded at $5.22, with a volume of 1,335,401 shares trading hands. The stock had previously closed at $5.32.

A number of brokerages have weighed in on SVU. 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 price objective on shares of SuperValu in a research note on Friday, June 10th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $6.68.

The company has a 50-day moving average of $4.85 and a 200 day moving average of $5.00. The stock has a market capitalization of $1.38 billion and a P/E ratio of 7.91.

SuperValu (NYSE:SVU) last issued its earnings results on Tuesday, April 26th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. The firm earned $3.95 billion during the quarter, compared to analysts’ expectations of $4.02 billion. During the same quarter last year, the firm earned $0.24 EPS. The business’s revenue for the quarter was down 10.1% compared to the same quarter last year. Equities research analysts expect that SuperValu Inc. will post $0.71 earnings per share for the current year.

Other hedge funds recently made changes to their positions in the company. California State Teachers Retirement System boosted its stake in shares of SuperValu by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 485,142 shares of the company’s stock worth $3,289,000 after buying an additional 7,718 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of SuperValu by 1.1% in the fourth quarter. Rhumbline Advisers now owns 561,730 shares of the company’s stock worth $3,809,000 after buying an additional 5,960 shares in the last quarter. California Public Employees Retirement System boosted its stake in shares of SuperValu by 5.7% in the fourth quarter. California Public Employees Retirement System now owns 416,200 shares of the company’s stock worth $2,822,000 after buying an additional 22,300 shares in the last quarter. Gabelli Funds LLC boosted its stake in shares of SuperValu by 9.6% in the fourth quarter. Gabelli Funds LLC now owns 285,000 shares of the company’s stock worth $1,932,000 after buying an additional 25,000 shares in the last quarter. Finally, Liberty Mutual Group Asset Management Inc. boosted its stake in shares of SuperValu by 43.5% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 161,950 shares of the company’s stock worth $1,098,000 after buying an additional 49,125 shares in 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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