Public Employees Retirement Association of Colorado held its stake in SuperValu Inc. (NYSE:SVU) during the first quarter, Holdings Channel reports. The firm owned 48,579 shares of the company’s stock at the end of the first quarter. Public Employees Retirement Association of Colorado’s holdings in SuperValu were worth $188,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in SVU. State of Alaska Department of Revenue increased its stake in SuperValu by 2.7% in the first quarter. State of Alaska Department of Revenue now owns 29,540 shares of the company’s stock worth $114,000 after buying an additional 770 shares during the last quarter. Sigma Planning Corp increased its stake in SuperValu by 2.7% in the first quarter. Sigma Planning Corp now owns 40,059 shares of the company’s stock worth $155,000 after buying an additional 1,050 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in SuperValu by 1.9% in the first quarter. Louisiana State Employees Retirement System now owns 109,000 shares of the company’s stock worth $421,000 after buying an additional 2,000 shares during the last quarter. FMR LLC increased its stake in SuperValu by 0.5% in the fourth quarter. FMR LLC now owns 426,802 shares of the company’s stock worth $1,993,000 after buying an additional 2,200 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in SuperValu by 5.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 142,745 shares of the company’s stock worth $667,000 after buying an additional 7,200 shares during the last quarter. 80.42% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for SuperValu (NYSE:SVU)

SuperValu Inc. (NYSE SVU) opened at 3.23 on Tuesday. The firm has a market cap of $862.41 million, a P/E ratio of 1.32 and a beta of 2.05. The firm has a 50-day moving average of $3.94 and a 200-day moving average of $4.05. SuperValu Inc. has a 12-month low of $2.93 and a 12-month high of $5.74.

SuperValu (NYSE:SVU) last released its quarterly earnings data on Tuesday, April 25th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.04. The business had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $2.90 billion. SuperValu had a negative return on equity of 88.07% and a net margin of 4.34%. SuperValu’s quarterly revenue was up .6% on a year-over-year basis. During the same period in the previous year, the business posted $0.23 earnings per share. On average, analysts expect that SuperValu Inc. will post $0.36 EPS for the current year.

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A number of analysts have recently weighed in on the stock. Morgan Stanley reissued an “equal weight” rating and set a $3.50 price target (down previously from $4.50) on shares of SuperValu in a research report on Monday. Zacks Investment Research downgraded shares of SuperValu from a “hold” rating to a “sell” rating in a report on Thursday, June 15th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $6.00 price objective on shares of SuperValu in a report on Tuesday, May 30th. Guggenheim reaffirmed a “neutral” rating on shares of SuperValu in a report on Wednesday, April 19th. Finally, ValuEngine downgraded shares of SuperValu from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, six have given 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 target price of $5.11.

SuperValu Company Profile

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.

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