Titan Global Capital Management USA LLC Makes New $670,000 Investment in 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 bought a new position in Grupo Supervielle S.A. (NYSE:SUPV - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 51,337 shares of the company's stock, valued at approximately $670,000. Titan Global Capital Management USA LLC owned about 0.06% of Grupo Supervielle as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Banco BTG Pactual S.A. bought a new stake in shares of Grupo Supervielle during the 1st quarter worth $1,450,000. XTX Topco Ltd lifted its position in Grupo Supervielle by 83.5% during the 1st quarter. XTX Topco Ltd now owns 31,304 shares of the company's stock worth $409,000 after acquiring an additional 14,243 shares during the last quarter. Cetera Investment Advisers acquired a new position in Grupo Supervielle during the 1st quarter worth $268,000. TT International Asset Management LTD boosted its holdings in Grupo Supervielle by 5.1% during the first quarter. TT International Asset Management LTD now owns 122,035 shares of the company's stock valued at $1,594,000 after acquiring an additional 5,949 shares during the period. Finally, Insigneo Advisory Services LLC grew its position in shares of Grupo Supervielle by 11.1% in the first quarter. Insigneo Advisory Services LLC now owns 36,209 shares of the company's stock valued at $473,000 after purchasing an additional 3,604 shares during the last quarter.

Grupo Supervielle Price Performance

Shares of SUPV traded down $0.45 during mid-day trading on Wednesday, reaching $7.88. The company had a trading volume of 1,378,619 shares, compared to its average volume of 1,213,843. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.88 and a quick ratio of 0.88. The company has a market capitalization of $697.62 million, a P/E ratio of 11.89, a P/E/G ratio of 10.37 and a beta of 1.65. Grupo Supervielle S.A. has a twelve month low of $6.84 and a twelve month high of $19.75. The company's 50-day moving average is $10.30 and its 200-day moving average is $12.65.

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

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Grupo Supervielle from a "sell" rating to a "hold" rating in a report on Friday, May 30th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.00.

Grupo Supervielle Company 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.