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

Several research analysts have weighed in on SVU shares. Goldman Sachs Group Inc. reiterated a “neutral” rating and set a $5.00 price objective on shares of SuperValu in a research report on Tuesday, July 26th. Zacks Investment Research cut SuperValu from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Royal Bank Of Canada reiterated a “sector perform” rating and set a $7.00 price objective on shares of SuperValu in a research report on Thursday. Morgan Stanley reiterated a “hold” rating and set a $5.50 price objective on shares of SuperValu in a research report on Friday, June 10th. Finally, Telsey Advisory Group lowered their price objective on SuperValu from $6.00 to $5.00 and set a “market perform” rating on the stock in a research report on Thursday. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $6.16.

The company has a 50-day moving average price of $4.87 and a 200 day moving average price of $4.95. The company has a market cap of $1.29 billion and a P/E ratio of 8.19.

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 analysts expect that SuperValu Inc. will post $0.69 EPS for the current fiscal year.

Several hedge funds and institutional investors recently made changes to their positions in the stock. Liberty Mutual Group Asset Management Inc. boosted its position 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 valued at $1,098,000 after buying an additional 49,125 shares during the last quarter. Mutual of America Capital Management LLC boosted its position in 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 in the last quarter. Bank of Montreal Can boosted its position in 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 in the last quarter. Airain ltd boosted its position in SuperValu by 103.2% in the fourth quarter. Airain ltd now owns 210,434 shares of the company’s stock valued at $1,427,000 after buying an additional 106,882 shares in the last quarter. Finally, Trexquant Investment LP acquired a new position in SuperValu during the fourth quarter valued at $1,479,000.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.