MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 16.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,634,873 shares of the company's stock after buying an additional 225,486 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 1.85% of Grupo Supervielle worth $21,351,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in shares of 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 acquiring an additional 737 shares in the last quarter. Cetera Investment Advisers bought a new stake in Grupo Supervielle during the 1st quarter valued at $268,000. Itau Unibanco Holding S.A. bought a new position in shares of Grupo Supervielle in the first quarter valued at $357,000. XTX Topco Ltd grew its holdings in shares of Grupo Supervielle by 83.5% during the first quarter. XTX Topco Ltd now owns 31,304 shares of the company's stock valued at $409,000 after buying an additional 14,243 shares during the last quarter. Finally, Insigneo Advisory Services LLC increased its position in shares of Grupo Supervielle by 11.1% during the first quarter. Insigneo Advisory Services LLC now owns 36,209 shares of the company's stock worth $473,000 after acquiring an additional 3,604 shares in the last quarter.
Grupo Supervielle Stock Performance
Shares of Grupo Supervielle stock traded down $0.50 during trading hours on Friday, hitting $5.42. 2,398,295 shares of the company's stock traded hands, compared to its average volume of 1,267,633. The stock has a market capitalization of $480.12 million, a price-to-earnings ratio of 8.22, a PEG ratio of 9.40 and a beta of 1.75. Grupo Supervielle S.A. has a 12-month low of $5.35 and a 12-month high of $19.75. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.96 and a quick ratio of 0.96. The company has a fifty day simple moving average of $9.43 and a 200-day simple moving average of $12.06.
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 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 company had revenue of $210.52 million for the quarter, compared to the consensus estimate of $283.67 billion. Equities research analysts anticipate that Grupo Supervielle S.A. will post 1.5 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on SUPV shares. Wall Street Zen raised shares of Grupo Supervielle from a "sell" rating to a "hold" rating in a research report on Friday, May 30th. Citigroup downgraded Grupo Supervielle from a "buy" rating to a "neutral" rating in a research note on Wednesday. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $17.00.
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About Grupo Supervielle
(
Free Report)
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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