Sparta 24 Ltd. Buys Shares of 145,075 Grupo Supervielle S.A. (NYSE:SUPV)

Sparta 24 Ltd. bought a new stake in shares of Grupo Supervielle S.A. (NYSE:SUPV - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 145,075 shares of the company's stock, valued at approximately $2,192,000. Grupo Supervielle accounts for 2.7% of Sparta 24 Ltd.'s investment portfolio, making the stock its 4th largest position. Sparta 24 Ltd. owned 0.16% of Grupo Supervielle at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caxton Associates LP increased its holdings in shares of Grupo Supervielle by 114.2% during the second quarter. Caxton Associates LP now owns 102,518 shares of the company's stock valued at $695,000 after purchasing an additional 54,651 shares during the period. Mak Capital One LLC grew its position in Grupo Supervielle by 37.6% in the 2nd quarter. Mak Capital One LLC now owns 2,054,581 shares of the company's stock valued at $13,930,000 after buying an additional 561,720 shares in the last quarter. Precision Wealth Strategies LLC acquired a new position in Grupo Supervielle during the 3rd quarter valued at about $317,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Grupo Supervielle during the 3rd quarter worth about $145,000. Finally, Quantbot Technologies LP lifted its stake in shares of Grupo Supervielle by 212.9% in the 3rd quarter. Quantbot Technologies LP now owns 28,807 shares of the company's stock worth $205,000 after acquiring an additional 19,602 shares during the period.

Grupo Supervielle Price Performance

Shares of NYSE:SUPV traded up $1.02 during trading hours on Tuesday, hitting $17.81. 1,391,842 shares of the company's stock traded hands, compared to its average volume of 1,810,303. The company's fifty day simple moving average is $14.21 and its two-hundred day simple moving average is $9.79. The company has a market cap of $1.58 billion, a price-to-earnings ratio of 24.73 and a beta of 1.96. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.86 and a current ratio of 0.86. Grupo Supervielle S.A. has a 52 week low of $3.70 and a 52 week high of $19.75.

Grupo Supervielle (NYSE:SUPV - Get Free Report) last issued its earnings results on Monday, November 25th. The company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.03). Grupo Supervielle had a return on equity of 15.92% and a net margin of 5.80%. As a group, equities analysts anticipate that Grupo Supervielle S.A. will post 1.5 EPS for the current fiscal year.

Analysts Set New Price Targets

SUPV has been the topic of a number of research analyst reports. Morgan Stanley upgraded shares of Grupo Supervielle from an "underweight" rating to an "overweight" rating and set a $19.00 price objective on the stock in a research note on Monday, December 16th. JPMorgan Chase & Co. upgraded Grupo Supervielle from an "underweight" rating to a "neutral" rating and set a $15.00 price target on the stock in a research report on Thursday, December 12th.

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.