Grupo Supervielle S.A. (NYSE:SUPV) Shares Sold by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. trimmed its stake in shares of Grupo Supervielle S.A. (NYSE:SUPV) by 29.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,129 shares of the company’s stock after selling 21,638 shares during the period. Balyasny Asset Management L.P. owned about 0.06% of Grupo Supervielle worth $773,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in shares of Grupo Supervielle by 129.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 374,515 shares of the company’s stock worth $2,663,000 after buying an additional 211,166 shares during the period. Koshinski Asset Management Inc. acquired a new stake in Grupo Supervielle in the 4th quarter valued at $289,000. Sparta 24 Ltd. acquired a new position in Grupo Supervielle during the fourth quarter worth $2,192,000. Stratos Wealth Advisors LLC acquired a new position in Grupo Supervielle during the fourth quarter worth $151,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Grupo Supervielle during the fourth quarter worth $235,000.

Grupo Supervielle Stock Performance

NYSE SUPV opened at $15.85 on Thursday. The stock’s fifty day moving average is $14.02 and its two-hundred day moving average is $13.96. The firm has a market capitalization of $1.40 billion, a P/E ratio of 22.01 and a beta of 1.93. 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 fifty-two week low of $5.00 and a fifty-two week high of $19.75.

Grupo Supervielle Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th will be paid a $0.187 dividend. This represents a dividend yield of 1.18%. The ex-dividend date is Monday, May 19th. This is a positive change from Grupo Supervielle’s previous annual dividend of $0.16. Grupo Supervielle’s dividend payout ratio is 19.23%.

Analyst Ratings Changes

Separately, StockNews.com lowered Grupo Supervielle from a “hold” rating to a “sell” rating in a research note on Monday.

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.