Grupo Supervielle S.A. $SUPV Shares Acquired by RWC Asset Management LLP

RWC Asset Management LLP increased its stake in shares of Grupo Supervielle S.A. (NYSE:SUPV) by 58.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,178,894 shares of the company’s stock after acquiring an additional 434,285 shares during the period. RWC Asset Management LLP owned approximately 1.35% of Grupo Supervielle worth $13,935,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SUPV. Mak Capital One LLC lifted its position in Grupo Supervielle by 36.7% during the 3rd quarter. Mak Capital One LLC now owns 4,000,000 shares of the company’s stock worth $19,800,000 after acquiring an additional 1,074,732 shares in the last quarter. Jump Financial LLC lifted its position in Grupo Supervielle by 339.2% during the 3rd quarter. Jump Financial LLC now owns 580,486 shares of the company’s stock worth $2,873,000 after acquiring an additional 448,330 shares in the last quarter. Verition Fund Management LLC lifted its position in Grupo Supervielle by 264.3% during the 3rd quarter. Verition Fund Management LLC now owns 532,789 shares of the company’s stock worth $2,637,000 after acquiring an additional 386,524 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Grupo Supervielle by 148.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 582,019 shares of the company’s stock worth $6,879,000 after acquiring an additional 348,195 shares in the last quarter. Finally, UBS Group AG lifted its position in Grupo Supervielle by 151.2% during the 3rd quarter. UBS Group AG now owns 567,393 shares of the company’s stock worth $2,809,000 after acquiring an additional 341,539 shares in the last quarter.

Analyst Ratings Changes

SUPV has been the topic of several recent research reports. JPMorgan Chase & Co. reduced their price target on Grupo Supervielle from $12.00 to $11.00 and set a “neutral” rating on the stock in a research report on Thursday, February 19th. Wall Street Zen raised Grupo Supervielle from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Zacks Research raised Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 7th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Grupo Supervielle in a research report on Friday, April 17th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $13.00.

Grupo Supervielle Stock Performance

Shares of SUPV opened at $9.37 on Monday. The business’s 50 day moving average is $8.93 and its two-hundred day moving average is $10.06. Grupo Supervielle S.A. has a 52-week low of $4.54 and a 52-week high of $13.55. The firm has a market cap of $820.31 million, a price-to-earnings ratio of -15.88 and a beta of 1.57. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.65.

Grupo Supervielle (NYSE:SUPV) last announced its earnings results on Sunday, February 15th. The company reported ($0.03) earnings per share (EPS) for the quarter. Grupo Supervielle had a negative net margin of 3.46% and a negative return on equity of 4.40%. The business had revenue of $145.40 million during the quarter. Analysts forecast that Grupo Supervielle S.A. will post 0.61 EPS for the current fiscal year.

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.