UBS Group AG Acquires 218,039 Shares of Grupo Supervielle S.A. $SUPV

UBS Group AG boosted its holdings in shares of Grupo Supervielle S.A. (NYSE:SUPV) by 38.4% during the 4th quarter, Holdings Channel reports. The fund owned 785,432 shares of the company’s stock after buying an additional 218,039 shares during the period. UBS Group AG’s holdings in Grupo Supervielle were worth $9,284,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Mak Capital One LLC boosted its holdings in shares of Grupo Supervielle by 36.7% in the 3rd quarter. Mak Capital One LLC now owns 4,000,000 shares of the company’s stock valued at $19,800,000 after buying an additional 1,074,732 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Grupo Supervielle by 7.0% in the 3rd quarter. Millennium Management LLC now owns 876,252 shares of the company’s stock valued at $4,337,000 after buying an additional 57,040 shares in the last quarter. Jump Financial LLC boosted its holdings in shares of Grupo Supervielle by 339.2% in the 3rd quarter. Jump Financial LLC now owns 580,486 shares of the company’s stock valued at $2,873,000 after buying an additional 448,330 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Grupo Supervielle by 45.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 533,041 shares of the company’s stock valued at $2,639,000 after buying an additional 167,265 shares in the last quarter. Finally, Verition Fund Management LLC boosted its holdings in shares of Grupo Supervielle by 264.3% in the 3rd quarter. Verition Fund Management LLC now owns 532,789 shares of the company’s stock valued at $2,637,000 after buying an additional 386,524 shares in the last quarter.

Grupo Supervielle Stock Performance

Shares of Grupo Supervielle stock opened at $7.51 on Friday. The firm has a market capitalization of $657.56 million, a P/E ratio of -20.86 and a beta of 1.55. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.17. The company has a 50 day moving average price of $8.85 and a 200 day moving average price of $10.36. Grupo Supervielle S.A. has a 52 week low of $4.54 and a 52 week high of $16.90.

Grupo Supervielle (NYSE:SUPV) last announced its quarterly earnings data on Sunday, February 15th. The company reported ($0.03) EPS for the quarter. The company had revenue of $145.40 million during the quarter. Grupo Supervielle had a negative net margin of 2.18% and a negative return on equity of 3.99%. Sell-side analysts expect that Grupo Supervielle S.A. will post 0.61 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered their price target on shares of Grupo Supervielle from $12.00 to $11.00 and set a “neutral” rating on the stock in a report on Thursday, February 19th. Zacks Research upgraded shares of Grupo Supervielle from a “strong sell” rating to a “hold” rating in a report on Thursday, May 7th. Wall Street Zen upgraded shares of Grupo Supervielle from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Grupo Supervielle in a report on Friday, April 17th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $13.00.

Grupo Supervielle Company 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.