Y Intercept Hong Kong Ltd Has $467,000 Holdings in Grupo Supervielle S.A. $SUPV

Y Intercept Hong Kong Ltd increased its stake in shares of Grupo Supervielle S.A. (NYSE:SUPV) by 146.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 94,291 shares of the company’s stock after acquiring an additional 56,089 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Grupo Supervielle were worth $467,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Sparta 24 Ltd. raised its stake in Grupo Supervielle by 39,572.6% during the third quarter. Sparta 24 Ltd. now owns 1,002,526 shares of the company’s stock worth $4,963,000 after acquiring an additional 999,999 shares in the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of Grupo Supervielle during the 2nd quarter worth about $2,568,000. BNP Paribas Financial Markets grew its stake in Grupo Supervielle by 196.6% during the second quarter. BNP Paribas Financial Markets now owns 365,776 shares of the company’s stock worth $3,874,000 after buying an additional 242,440 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Grupo Supervielle in the second quarter valued at approximately $2,562,000. Finally, Millennium Management LLC boosted its holdings in shares of Grupo Supervielle by 46.3% in the 1st quarter. Millennium Management LLC now owns 752,124 shares of the company’s stock worth $9,823,000 after acquiring an additional 238,064 shares in the last quarter.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Wall Street Zen upgraded Grupo Supervielle from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. Zacks Research upgraded shares of Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. Citigroup upgraded shares of Grupo Supervielle from a “neutral” rating to a “buy” rating in a report on Monday, November 3rd. UBS Group began coverage on shares of Grupo Supervielle in a report on Wednesday, November 19th. They set a “neutral” rating and a $13.00 target price for the company. Finally, JPMorgan Chase & Co. raised Grupo Supervielle from an “underweight” rating to a “neutral” rating and increased their target price for the company from $5.00 to $12.00 in a research note on Tuesday, October 28th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Grupo Supervielle currently has an average rating of “Hold” and an average target price of $13.33.

Grupo Supervielle Trading Down 3.7%

NYSE:SUPV opened at $11.22 on Thursday. The company has a market cap of $982.31 million, a P/E ratio of 93.51, a price-to-earnings-growth ratio of 9.17 and a beta of 1.71. Grupo Supervielle S.A. has a twelve month low of $4.54 and a twelve month high of $17.02. The business has a 50 day moving average price of $11.47 and a two-hundred day moving average price of $9.57. 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 announced its quarterly earnings results on Tuesday, November 25th. The company reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.46). The business had revenue of $178.38 million for the quarter, compared to analyst estimates of $252.85 billion. Grupo Supervielle had a net margin of 0.69% and a return on equity of 1.15%. As a group, analysts expect that Grupo Supervielle S.A. will post 1.5 EPS for the current fiscal year.

Grupo Supervielle Profile

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.