Cohen Capital Management adds SUPERVALU (SVU) to its portfolio

SUPERVALU (SVU) : Cohen Capital Management added new position in SUPERVALU during the most recent quarter end. The investment management firm now holds 4,000 shares of SUPERVALU which is valued at $21,600 , the company said in a statement filed on Apr 20, 2016 with the SEC.SUPERVALU makes up approximately 0.01% of Cohen Capital Management’s portfolio.

SUPERVALU closed down -0.01 points or -0.18% at $5.4 with 28,33,365 shares getting traded on Friday. Post opening the session at $5.34, the shares hit an intraday low of $5.3 and an intraday high of $5.54 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Winslow Evans Crocker sold out all of its stake in SVU during the most recent quarter. The investment firm sold 1,916 shares of SVU which is valued $10,346.Sigma Planning Corp boosted its stake in SVU in the latest quarter, The investment management firm added 1,760 additional shares and now holds a total of 40,809 shares of SUPERVALU which is valued at $220,369. SUPERVALU makes up approx 0.03% of Sigma Planning Corp’s portfolio. Fox Run Management L.l.c. added SVU to its portfolio by purchasing 16,400 company shares during the most recent quarter which is valued at $88,560. SUPERVALU makes up approx 0.06% of Fox Run Management L.l.c.’s portfolio.

On the company’s financial health, SUPERVALU reported $0.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.19. The company had revenue of $3946.00 million for the quarter, compared to analysts expectations of $3995.33 million. The company’s revenue was down -10.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.24 EPS.

SUPERVALU INC. (SUPERVALU) is a wholesale distributor to independent retail customers across the United States. The Company leverages its distribution operations by providing wholesale distribution and logistics service solutions to independent retail customers and Save-A-Lot licensees as well as wholesale distribution to its Retail Food and Save-A-Lot stores. It operates in three segments: Independent Business which is engaged in wholesale distribution and logistics service solutions to independently owned retail stores and other customers (collectively referred to as independent retail customers); Save-A-Lot which is engaged in the sale of groceries at retail locations operated by the Company and from stores licensed by the Company to which it provides wholesale distribution and Retail Food which is engaged in the sale of groceries and other products at retail locations operated by the Company.

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