Titan Global Capital Management USA LLC Acquires Shares of 51,337 Grupo Supervielle S.A. $SUPV

Key Points

• Titan Global Capital Management USA LLC acquired 51,337 shares of Grupo Supervielle S.A., valuing approximately $670,000, representing about 0.06% ownership of the company.
• Wall Street Zen upgraded Grupo Supervielle's stock from a "sell" to a "hold" rating, with a consensus target price of $17.00 and an average rating of "Moderate Buy."
• Grupo Supervielle reported earnings of $0.14 per share, missing analysts' expectations of $0.22, with revenues of $210.52 million for the latest quarter.

Titan Global Capital Management USA LLC purchased a new position in shares of Grupo Supervielle S.A. (NYSE:SUPV - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 51,337 shares of the company's stock, valued at approximately $670,000. Titan Global Capital Management USA LLC owned approximately 0.06% of Grupo Supervielle as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SUPV. PointState Capital LP boosted its holdings in shares of Grupo Supervielle by 300.7% in the 4th quarter. PointState Capital LP now owns 1,896,720 shares of the company's stock valued at $28,659,000 after buying an additional 1,423,383 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Grupo Supervielle by 111.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,409,387 shares of the company's stock valued at $21,296,000 after buying an additional 742,479 shares during the last quarter. Brevan Howard Capital Management LP boosted its holdings in shares of Grupo Supervielle by 585.4% in the 4th quarter. Brevan Howard Capital Management LP now owns 1,295,497 shares of the company's stock valued at $19,724,000 after buying an additional 1,106,497 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Grupo Supervielle by 65.1% in the 4th quarter. Millennium Management LLC now owns 514,060 shares of the company's stock valued at $7,767,000 after buying an additional 202,633 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Grupo Supervielle by 103.3% in the 4th quarter. BNP Paribas Financial Markets now owns 124,648 shares of the company's stock valued at $1,883,000 after buying an additional 63,345 shares during the last quarter.

Grupo Supervielle Stock Performance

SUPV traded down $0.1680 during trading hours on Friday, reaching $9.0720. The company's stock had a trading volume of 1,155,842 shares, compared to its average volume of 1,443,560. Grupo Supervielle S.A. has a 52 week low of $6.75 and a 52 week high of $19.75. The company's 50-day moving average is $10.42 and its 200-day moving average is $12.73. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 0.88. The firm has a market cap of $803.14 million, a PE ratio of 13.75, a price-to-earnings-growth ratio of 11.52 and a beta of 1.65.

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

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised 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 MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $17.00.

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.