Banco BTG Pactual S.A. Invests $1.45 Million in Grupo Supervielle S.A. $SUPV

Key Points

• Banco BTG Pactual S.A. acquired 111,000 shares of Grupo Supervielle S.A. for approximately $1.45 million, representing a 0.13% ownership stake in the company as of the latest quarter.
• Grupo Supervielle's stock recently dropped by 6.3%, with shares opening at $9.4150, significantly lower than its 1-year high of $19.75.
• Analysts have upgraded Grupo Supervielle from a "sell" to a "hold" rating, with a consensus price target of $17.00.

Banco BTG Pactual S.A. purchased a new stake in shares of Grupo Supervielle S.A. (NYSE:SUPV - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 111,000 shares of the company's stock, valued at approximately $1,450,000. Banco BTG Pactual S.A. owned 0.13% of Grupo Supervielle as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SUPV. GAMMA Investing LLC boosted its position in Grupo Supervielle by 10.2% during the first quarter. GAMMA Investing LLC now owns 7,958 shares of the company's stock valued at $104,000 after buying an additional 737 shares during the period. XTX Topco Ltd purchased a new stake in Grupo Supervielle during the fourth quarter valued at about $258,000. Cetera Investment Advisers purchased a new stake in Grupo Supervielle during the first quarter valued at about $268,000. NewEdge Advisors LLC boosted its position in Grupo Supervielle by 4.9% during the fourth quarter. NewEdge Advisors LLC now owns 18,619 shares of the company's stock valued at $281,000 after buying an additional 867 shares during the period. Finally, Turim 21 Investimentos Ltda. purchased a new stake in Grupo Supervielle during the fourth quarter valued at about $348,000.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Grupo Supervielle from a "sell" rating to a "hold" rating in a report on Friday, May 30th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $17.00.

Grupo Supervielle Stock Down 1.8%

Shares of NYSE SUPV traded down $0.1680 on Friday, reaching $9.0720. 1,155,842 shares of the company's stock traded hands, compared to its average volume of 1,451,213. Grupo Supervielle S.A. has a 12 month low of $6.75 and a 12 month high of $19.75. The business's 50 day simple moving average is $10.42 and its two-hundred day simple moving average is $12.77. The company has a market cap of $803.14 million, a price-to-earnings ratio of 13.75, a price-to-earnings-growth ratio of 11.72 and a beta of 1.65. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.33.

Grupo Supervielle (NYSE:SUPV - Get Free Report) last announced its quarterly earnings results on Wednesday, August 13th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.08). The firm had revenue of $210.52 million for the quarter, compared to the consensus estimate of $283.67 billion. Grupo Supervielle had a net margin of 4.08% and a return on equity of 6.84%. As a group, equities research analysts forecast that Grupo Supervielle S.A. will post 1.5 EPS for the current fiscal year.

Grupo Supervielle Profile

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.