PointState Capital LP Has $32.22 Million Position in Grupo Supervielle S.A. $SUPV

Key Points

• PointState Capital LP increased its stake in Grupo Supervielle S.A. by 30.1% during the first quarter, now owning approximately 2.79% of the company, valued at about $32.2 million.
• Wall Street analysts have upgraded the stock from a "sell" to a "hold" rating, with a consensus rating of "Moderate Buy" and a price target of $17.00.
• Grupo Supervielle reported an earnings miss with $0.14 EPS against an expected $0.22, alongside a revenue of $210.52 million that fell short of analysts' expectations.

PointState Capital LP increased its holdings in shares of Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 30.1% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 2,467,243 shares of the company's stock after purchasing an additional 570,523 shares during the period. PointState Capital LP owned 2.79% of Grupo Supervielle worth $32,222,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in SUPV. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Grupo Supervielle by 16.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,634,873 shares of the company's stock valued at $21,351,000 after buying an additional 225,486 shares during the last quarter. Millennium Management LLC boosted its position in shares of Grupo Supervielle by 46.3% in the first quarter. Millennium Management LLC now owns 752,124 shares of the company's stock valued at $9,823,000 after acquiring an additional 238,064 shares during the period. Cubist Systematic Strategies LLC boosted its position in shares of Grupo Supervielle by 971.8% in the first quarter. Cubist Systematic Strategies LLC now owns 441,798 shares of the company's stock valued at $5,770,000 after acquiring an additional 400,579 shares during the period. BNP Paribas Financial Markets grew its stake in shares of Grupo Supervielle by 103.3% in the fourth quarter. BNP Paribas Financial Markets now owns 124,648 shares of the company's stock valued at $1,883,000 after acquiring an additional 63,345 shares in the last quarter. Finally, TT International Asset Management LTD increased its position 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 worth $1,594,000 after acquiring an additional 5,949 shares during the period.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Grupo Supervielle from a "sell" rating to a "hold" rating in a research note on Friday, May 30th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Grupo Supervielle has a consensus rating of "Moderate Buy" and an average price target of $17.00.

Grupo Supervielle Trading Down 3.6%

Shares of SUPV traded down $0.22 during trading hours on Tuesday, hitting $5.87. 2,253,361 shares of the stock were exchanged, compared to its average volume of 1,629,072. Grupo Supervielle S.A. has a fifty-two week low of $5.84 and a fifty-two week high of $19.75. The business has a 50-day moving average of $9.62 and a 200-day moving average of $12.16. The firm has a market capitalization of $519.67 million, a P/E ratio of 8.89, a price-to-earnings-growth ratio of 9.14 and a beta of 1.75. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.96 and a quick ratio of 0.96.

Grupo Supervielle (NYSE:SUPV - Get Free Report) last issued its quarterly earnings results on Wednesday, August 13th. The company reported $0.14 EPS 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 6.82%. The firm had revenue of $210.52 million for the quarter, compared to the consensus estimate of $283.67 billion. On average, research analysts expect that Grupo Supervielle S.A. will post 1.5 EPS for the current year.

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.