Caxton Associates LLP Makes New Investment in Grupo Supervielle S.A. $SUPV

Key Points

• Caxton Associates LLP made a new investment in Grupo Supervielle S.A. by purchasing 137,991 shares worth approximately $1.8 million during the first quarter.
• Grupo Supervielle's stock recently opened at $6.07, having a market cap of $537.11 million, and reported a quarterly earnings miss with earnings per share of $0.14 against an estimate of $0.22.
• Analysts have upgraded the stock from a "sell" to a "hold" rating, with an average price target of $17.00, indicating a potential for growth despite current performance challenges.

Caxton Associates LLP purchased a new position in Grupo Supervielle S.A. (NYSE:SUPV - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 137,991 shares of the company's stock, valued at approximately $1,802,000. Caxton Associates LLP owned 0.16% of Grupo Supervielle at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Titan Global Capital Management USA LLC purchased a new position in Grupo Supervielle in the 1st quarter worth approximately $670,000. Banco BTG Pactual S.A. purchased a new position in Grupo Supervielle in the 1st quarter worth approximately $1,450,000. Millennium Management LLC increased its stake in Grupo Supervielle by 65.1% in the 4th quarter. Millennium Management LLC now owns 514,060 shares of the company's stock worth $7,767,000 after purchasing an additional 202,633 shares during the period. GAMMA Investing LLC increased its stake in Grupo Supervielle by 1,339.3% in the 1st quarter. GAMMA Investing LLC now owns 103,931 shares of the company's stock worth $13,570,000 after purchasing an additional 96,710 shares during the period. Finally, Cubist Systematic Strategies LLC grew its position in shares of Grupo Supervielle by 971.8% in the 1st quarter. Cubist Systematic Strategies LLC now owns 441,798 shares of the company's stock worth $5,770,000 after buying an additional 400,579 shares during the last quarter.

Grupo Supervielle Price Performance

SUPV stock opened at $6.07 on Tuesday. Grupo Supervielle S.A. has a 1 year low of $6.03 and a 1 year high of $19.75. The company has a market cap of $537.11 million, a P/E ratio of 9.19, a PEG ratio of 10.16 and a beta of 1.75. The firm has a 50-day moving average of $9.71 and a 200 day moving average of $12.20. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.96 and a quick ratio of 0.96.

Grupo Supervielle (NYSE:SUPV - Get Free Report) last released 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). Grupo Supervielle had a net margin of 4.08% and a return on equity of 6.82%. The firm had revenue of $210.52 million for the quarter, compared to the consensus estimate of $283.67 billion. On average, sell-side analysts forecast that Grupo Supervielle S.A. will post 1.5 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Grupo Supervielle from a "sell" rating to a "hold" rating in a research report on Friday, May 30th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average 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.

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