SuperValu Inc. (NYSE:SVU) was up 5.6% on Friday . The company traded as high as $4.99 and last traded at $4.91, with a volume of 4,801,340 shares changing hands. The stock had previously closed at $4.65.

A number of equities research analysts recently weighed in on SVU shares. Zacks Investment Research upgraded SuperValu from a “hold” rating to a “buy” rating and set a $5.25 price target on the stock in a research note on Monday, July 4th. Morgan Stanley dropped their price target on SuperValu from $5.50 to $5.00 and set an “equal weight” rating on the stock in a research note on Thursday. Telsey Advisory Group dropped their price target on SuperValu from $6.00 to $5.00 and set a “market perform” rating on the stock in a research note on Thursday. Goldman Sachs Group Inc. restated a “neutral” rating and issued a $5.00 price target on shares of SuperValu in a research note on Tuesday. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $7.00 price target on shares of SuperValu in a research note on Thursday. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $6.16.

The stock has a 50 day moving average of $4.86 and a 200-day moving average of $4.96. The company has a market cap of $1.29 billion and a P/E ratio of 7.39.

SuperValu (NYSE:SVU) last announced its earnings results on Wednesday, July 27th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by $0.03. The company earned $5.20 billion during the quarter, compared to the consensus estimate of $5.30 billion. The firm’s revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.23 earnings per share. On average, equities research analysts anticipate that SuperValu Inc. will post $0.70 earnings per share for the current year.

Other hedge funds and institutional investors recently made changes to their positions in the company. Mutual of America Capital Management LLC boosted its position in shares of SuperValu by 1.9% in the fourth quarter. Mutual of America Capital Management LLC now owns 179,702 shares of the company’s stock valued at $1,218,000 after buying an additional 3,343 shares during the last quarter. Rhumbline Advisers boosted its position in shares of 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 boosted its position 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 valued at $2,822,000 after buying an additional 22,300 shares during the last quarter. Gabelli Funds LLC boosted its position in shares of SuperValu by 9.6% in the fourth quarter. Gabelli Funds LLC now owns 285,000 shares of the company’s stock valued at $1,932,000 after buying an additional 25,000 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in shares of SuperValu by 34.4% in the fourth quarter. Bank of Montreal Can now owns 190,792 shares of the company’s stock valued at $1,293,000 after buying an additional 48,861 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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