Carleon Capital Partners LLC Maintains Position in SuperValu Inc. (NYSE:SVU)

Carleon Capital Partners LLC held its stake in SuperValu Inc. (NYSE:SVU) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 290,203 shares of the company’s stock at the end of the second quarter. Carleon Capital Partners LLC owned approximately 0.11% of SuperValu worth $955,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. State of Alaska Department of Revenue raised 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 in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of SuperValu by 5.6% in the first quarter. Public Employees Retirement System of Ohio now owns 31,755 shares of the company’s stock worth $123,000 after buying an additional 1,687 shares in the last quarter. Nine Chapters Capital Management LLC bought a new stake in shares of SuperValu during the first quarter worth approximately $135,000. Hartford Investment Management Co. bought a new stake in shares of SuperValu during the second quarter worth approximately $149,000. Finally, Sigma Planning Corp raised its stake in shares of 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 in the last quarter. Institutional investors and hedge funds own 80.47% of the company’s stock.

SuperValu Inc. (NYSE SVU) traded up 1.24% during trading on Friday, hitting $22.92. 501,277 shares of the company were exchanged. SuperValu Inc. has a 1-year low of $20.30 and a 1-year high of $40.18. The firm’s 50 day moving average price is $23.22 and its 200-day moving average price is $25.81. The stock has a market capitalization of $874.21 million, a PE ratio of 1.41 and a beta of 2.06.

SuperValu (NYSE:SVU) last issued its quarterly earnings results on Tuesday, July 25th. The company reported $0.63 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.70 by $0.07. SuperValu had a return on equity of 220.54% and a net margin of 4.46%. The business had revenue of $4 billion during the quarter, compared to analyst estimates of $3.91 billion. During the same quarter last year, the company posted $1.33 EPS. SuperValu’s quarterly revenue was up 6.3% compared to the same quarter last year. Equities analysts predict that SuperValu Inc. will post $2.36 EPS for the current year.

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A number of brokerages have recently commented on SVU. BidaskClub lowered shares of SuperValu from a “sell” rating to a “strong sell” rating in a research note on Friday. Zacks Investment Research lowered shares of SuperValu from a “buy” rating to a “hold” rating in a research note on Wednesday. ValuEngine upgraded shares of SuperValu from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 3rd. Pivotal Research reiterated a “buy” rating and issued a $38.50 price target on shares of SuperValu in a research note on Wednesday, July 26th. Finally, Deutsche Bank AG reiterated a “hold” rating and issued a $28.00 price target (down from $35.00) on shares of SuperValu in a research note on Wednesday, July 26th. One analyst has rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $32.08.

About SuperValu

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.

Institutional Ownership by Quarter for SuperValu (NYSE:SVU)

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