GAM Holding AG Purchases New Holdings in Grupo Supervielle S.A. $SUPV

GAM Holding AG purchased a new stake in Grupo Supervielle S.A. (NYSE:SUPV) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 50,000 shares of the company’s stock, valued at approximately $248,000. GAM Holding AG owned 0.06% of Grupo Supervielle at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SUPV. Kiker Wealth Management LLC bought a new position in shares of Grupo Supervielle in the second quarter worth $1,345,000. Y Intercept Hong Kong Ltd grew its stake in Grupo Supervielle by 197.0% during the second quarter. Y Intercept Hong Kong Ltd now owns 38,202 shares of the company’s stock worth $405,000 after buying an additional 25,340 shares in the last quarter. Ping Capital Management Inc. grew its stake in Grupo Supervielle by 52.3% during the second quarter. Ping Capital Management Inc. now owns 184,300 shares of the company’s stock worth $1,952,000 after buying an additional 63,300 shares in the last quarter. Insigneo Advisory Services LLC increased its holdings in Grupo Supervielle by 165.1% in the 2nd quarter. Insigneo Advisory Services LLC now owns 96,002 shares of the company’s stock valued at $1,017,000 after buying an additional 59,793 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of 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 in the last quarter.

Grupo Supervielle Stock Down 2.6%

Shares of SUPV opened at $11.52 on Monday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 0.96. 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 capitalization of $1.01 billion, a price-to-earnings ratio of 95.97, a PEG ratio of 9.06 and a beta of 1.76. The stock has a fifty day moving average of $11.34 and a 200-day moving average of $9.40.

Grupo Supervielle (NYSE:SUPV) last issued its earnings results on Tuesday, November 25th. The company reported ($0.43) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.46). The firm had revenue of $178.38 million during the quarter, compared to analyst estimates of $252.85 billion. Grupo Supervielle had a return on equity of 1.15% and a net margin of 0.69%. As a group, sell-side analysts anticipate that Grupo Supervielle S.A. will post 1.5 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on SUPV shares. Citigroup raised shares of Grupo Supervielle from a “neutral” rating to a “buy” rating in a research note on Monday, November 3rd. Zacks Research downgraded Grupo Supervielle from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 23rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Grupo Supervielle in a report on Monday, December 29th. UBS Group initiated coverage on Grupo Supervielle in a research report on Wednesday, November 19th. They set a “neutral” rating and a $13.00 price objective for the company. Finally, Wall Street Zen cut Grupo Supervielle from a “hold” rating to a “sell” rating in a research report on Saturday, December 13th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $13.33.

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.