Grupo Supervielle S.A. $SUPV Shares Acquired by Mak Capital One LLC

Mak Capital One LLC boosted its holdings in shares of Grupo Supervielle S.A. (NYSE:SUPV) by 36.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,000,000 shares of the company’s stock after purchasing an additional 1,074,732 shares during the quarter. Grupo Supervielle comprises approximately 3.0% of Mak Capital One LLC’s holdings, making the stock its 7th largest position. Mak Capital One LLC’s holdings in Grupo Supervielle were worth $19,800,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Millennium Management LLC lifted its holdings in shares of Grupo Supervielle by 7.0% during the third quarter. Millennium Management LLC now owns 876,252 shares of the company’s stock worth $4,337,000 after buying an additional 57,040 shares during the last quarter. Centiva Capital LP bought a new stake in shares of Grupo Supervielle in the third quarter valued at approximately $101,000. Bank of America Corp DE grew its stake in shares of Grupo Supervielle by 551.6% in the third quarter. Bank of America Corp DE now owns 44,965 shares of the company’s stock worth $223,000 after acquiring an additional 38,064 shares during the last quarter. Schonfeld Strategic Advisors LLC bought a new position in Grupo Supervielle during the third quarter worth $91,000. Finally, Two Sigma Investments LP increased its position in Grupo Supervielle by 190.4% during the third quarter. Two Sigma Investments LP now owns 260,400 shares of the company’s stock worth $1,289,000 after acquiring an additional 170,742 shares during the period.

Grupo Supervielle Trading Down 2.6%

Shares of Grupo Supervielle stock opened at $7.99 on Tuesday. Grupo Supervielle S.A. has a 52-week low of $4.54 and a 52-week high of $17.02. The firm has a market capitalization of $699.09 million, a PE ratio of -22.18 and a beta of 1.76. 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’s fifty day moving average price is $10.58 and its two-hundred day moving average price is $9.55.

Grupo Supervielle (NYSE:SUPV) last released its quarterly earnings data on Monday, March 2nd. The company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.05). The business had revenue of $213.90 million for the quarter, compared to the consensus estimate of $197.66 million. Grupo Supervielle had a negative return on equity of 3.88% and a negative net margin of 2.18%. On average, analysts expect that Grupo Supervielle S.A. will post 1.5 EPS for the current year.

Wall Street Analysts Forecast Growth

SUPV has been the subject of a number of research reports. JPMorgan Chase & Co. reduced their price target on shares of Grupo Supervielle from $12.00 to $11.00 and set a “neutral” rating for the company in a report on Thursday, February 19th. Bank of America restated a “neutral” rating on shares of Grupo Supervielle in a report on Wednesday, November 26th. UBS Group began coverage on shares of Grupo Supervielle in a research note on Wednesday, November 19th. They issued a “neutral” rating and a $13.00 target price for the company. Weiss Ratings downgraded Grupo Supervielle from a “hold (c-)” rating to a “sell (d)” rating in a research report on Tuesday, January 20th. Finally, Itau BBA Securities assumed coverage on Grupo Supervielle in a research note on Wednesday, December 10th. They set an “outperform” rating and a $15.00 price target on the stock. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $13.00.

About Grupo Supervielle

Grupo Supervielle (NYSE: SUPV) is a diversified Argentine financial services holding company headquartered in Buenos Aires. Through its principal subsidiary, Banco Supervielle, the group offers retail and commercial banking products including checking and savings accounts, consumer and corporate loans, credit and debit cards, treasury services and foreign exchange solutions. These services cater to individual customers, small and medium-sized enterprises and larger corporates throughout Argentina’s provincial and urban centers.

Beyond traditional banking, Grupo Supervielle operates in insurance and asset management.