Y Intercept Hong Kong Ltd Buys 25,340 Shares of Grupo Supervielle S.A. $SUPV

Y Intercept Hong Kong Ltd lifted its stake in Grupo Supervielle S.A. (NYSE:SUPV) by 197.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 38,202 shares of the company’s stock after purchasing an additional 25,340 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Grupo Supervielle were worth $405,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SUPV. Cetera Investment Advisers purchased a new stake in Grupo Supervielle in the 1st quarter worth approximately $268,000. XTX Topco Ltd boosted its position in shares of Grupo Supervielle by 83.5% in the first quarter. XTX Topco Ltd now owns 31,304 shares of the company’s stock worth $409,000 after purchasing an additional 14,243 shares during the period. Banco BTG Pactual S.A. bought a new position in shares of Grupo Supervielle in the first quarter worth approximately $1,450,000. Titan Global Capital Management USA LLC purchased a new stake in shares of Grupo Supervielle in the first quarter worth $670,000. Finally, Freedom Investment Management Inc. raised its position in shares of Grupo Supervielle by 4.4% during the 1st quarter. Freedom Investment Management Inc. now owns 44,386 shares of the company’s stock valued at $580,000 after purchasing an additional 1,862 shares during the period.

Grupo Supervielle Stock Down 1.2%

Shares of SUPV stock opened at $11.84 on Friday. The company’s fifty day simple moving average is $7.16 and its two-hundred day simple moving average is $10.28. Grupo Supervielle S.A. has a 52 week low of $4.54 and a 52 week high of $19.75. The stock has a market cap of $1.05 billion, a P/E ratio of 17.93, a PEG ratio of 23.32 and a beta of 1.66. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.38.

Grupo Supervielle (NYSE:SUPV) last issued its earnings results 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 firm had revenue of $210.52 million during the quarter, compared to the consensus estimate of $283.67 billion. Grupo Supervielle had a return on equity of 6.82% and a net margin of 4.08%. Analysts predict that Grupo Supervielle S.A. will post 1.5 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SUPV has been the topic of a number of analyst reports. Wall Street Zen cut shares of Grupo Supervielle from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Citigroup raised Grupo Supervielle from a “neutral” rating to a “buy” rating in a report on Monday, November 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Supervielle in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. upgraded Grupo Supervielle from an “underweight” rating to a “neutral” rating and increased their target price for the stock from $5.00 to $12.00 in a research report on Tuesday, October 28th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Grupo Supervielle presently has a consensus rating of “Moderate Buy” and an average target price of $15.50.

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.