Kapitalo Investimentos Ltda Buys Shares of 220,600 Grupo Supervielle S.A. $SUPV

Kapitalo Investimentos Ltda purchased a new position in Grupo Supervielle S.A. (NYSE:SUPV) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 220,600 shares of the company’s stock, valued at approximately $1,092,000.

Several other institutional investors also recently modified their holdings of the business. Sparta 24 Ltd. increased its holdings in Grupo Supervielle by 39,572.6% in the 3rd quarter. Sparta 24 Ltd. now owns 1,002,526 shares of the company’s stock worth $4,963,000 after buying an additional 999,999 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Grupo Supervielle by 46.3% during the 1st quarter. Millennium Management LLC now owns 752,124 shares of the company’s stock valued at $9,823,000 after acquiring an additional 238,064 shares during the last quarter. Brevan Howard Capital Management LP grew its stake in shares of Grupo Supervielle by 15.8% in the second quarter. Brevan Howard Capital Management LP now owns 473,615 shares of the company’s stock worth $5,304,000 after acquiring an additional 64,615 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Grupo Supervielle by 196.6% during the second quarter. BNP Paribas Financial Markets now owns 365,776 shares of the company’s stock valued at $3,874,000 after purchasing an additional 242,440 shares during the last quarter. Finally, Ping Capital Management Inc. lifted its position in Grupo Supervielle by 86.9% during the third quarter. Ping Capital Management Inc. now owns 344,500 shares of the company’s stock valued at $1,705,000 after purchasing an additional 160,200 shares during the period.

Grupo Supervielle Price Performance

Shares of Grupo Supervielle stock opened at $12.27 on Thursday. The stock has a market cap of $1.07 billion, a P/E ratio of 102.28, a P/E/G ratio of 9.60 and a beta of 1.76. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 0.96. The stock’s fifty day moving average is $11.30 and its 200 day moving average is $9.50. Grupo Supervielle S.A. has a one year low of $4.54 and a one year high of $17.41.

Grupo Supervielle (NYSE:SUPV) last issued its quarterly earnings results on Tuesday, November 25th. The company reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.46). Grupo Supervielle had a return on equity of 1.15% and a net margin of 0.69%.The company had revenue of $178.38 million during the quarter, compared to analysts’ expectations of $252.85 billion. Sell-side analysts anticipate that Grupo Supervielle S.A. will post 1.5 earnings per share for the current year.

Analyst Upgrades and Downgrades

SUPV has been the subject of a number of research analyst reports. Zacks Research raised shares of Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research report on Monday. Itau BBA Securities started coverage on Grupo Supervielle in a report on Wednesday, December 10th. They issued an “outperform” rating and a $15.00 price objective for the company. Bank of America reiterated a “neutral” rating on shares of Grupo Supervielle in a research report on Wednesday, November 26th. UBS Group started coverage on Grupo Supervielle in a research report on Wednesday, November 19th. They issued a “neutral” rating and a $13.00 target price on the stock. Finally, Weiss Ratings lowered shares of Grupo Supervielle from a “hold (c-)” rating to a “sell (d)” rating in a research report on Tuesday, January 20th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $13.33.

Grupo Supervielle Profile

Grupo Supervielle (NYSE: SUPV) is a diversified Argentine financial services holding company headquartered in Buenos Aires. Through its principal subsidiary, Banco Supervielle, the group offers retail and commercial banking products including checking and savings accounts, consumer and corporate loans, credit and debit cards, treasury services and foreign exchange solutions. These services cater to individual customers, small and medium-sized enterprises and larger corporates throughout Argentina’s provincial and urban centers.

Beyond traditional banking, Grupo Supervielle operates in insurance and asset management.