Grupo Supervielle S.A. $SUPV Holdings Decreased by Long Focus Capital Management LLC

Key Points

• Long Focus Capital Management LLC reduced its stake in Grupo Supervielle S.A. by 26.4% during Q1, now holding 125,672 shares valued at approximately $1.64 million.
• Multiple institutional investors have adjusted their holdings, with GAMMA Investing LLC increasing its stake by 10.2% and XTX Topco Ltd growing its holdings by 83.5% in the same period.
• Wall Street Zen upgraded Grupo Supervielle from a "sell" to a "hold" rating, giving the stock an average target price of $17.00 while currently trading at $7.82.

Long Focus Capital Management LLC lessened its holdings in shares of Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 26.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 125,672 shares of the company's stock after selling 45,017 shares during the quarter. Long Focus Capital Management LLC owned about 0.14% of Grupo Supervielle worth $1,641,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. PointState Capital LP raised its stake 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 worth $28,659,000 after buying an additional 1,423,383 shares in the last quarter. Brevan Howard Capital Management LP raised its stake 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 worth $19,724,000 after buying an additional 1,106,497 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake 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 worth $21,296,000 after buying an additional 742,479 shares in the last quarter. Millennium Management LLC raised its stake 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 worth $7,767,000 after buying an additional 202,633 shares in the last quarter. Finally, Voloridge Investment Management LLC bought a new stake in shares of Grupo Supervielle in the 4th quarter worth $1,693,000.

Grupo Supervielle Trading Down 0.8%

Shares of Grupo Supervielle stock traded down $0.07 on Tuesday, reaching $7.78. 2,134,895 shares of the company were exchanged, compared to its average volume of 1,220,837. The stock has a fifty day moving average price of $9.99 and a 200-day moving average price of $12.41. The firm has a market capitalization of $688.32 million, a price-to-earnings ratio of 11.78, a price-to-earnings-growth ratio of 9.95 and a beta of 1.75. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. Grupo Supervielle S.A. has a fifty-two week low of $6.90 and a fifty-two week high of $19.75.

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

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Grupo Supervielle from a "sell" rating to a "hold" rating in a research 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, Grupo Supervielle presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.00.

About Grupo Supervielle

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.