Grupo Supervielle S.A. $SUPV Shares Bought by RWC Asset Management LLP

RWC Asset Management LLP raised its holdings in Grupo Supervielle S.A. (NYSE:SUPVFree Report) by 58.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,178,894 shares of the company’s stock after purchasing an additional 434,285 shares during the period. RWC Asset Management LLP’s holdings in Grupo Supervielle were worth $13,935,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Schonfeld Strategic Advisors LLC bought a new stake in shares of Grupo Supervielle in the 3rd quarter valued at approximately $91,000. Centiva Capital LP bought a new stake in shares of Grupo Supervielle in the 3rd quarter valued at approximately $101,000. Quantbot Technologies LP bought a new stake in shares of Grupo Supervielle in the 3rd quarter valued at approximately $164,000. Bank of America Corp DE increased its holdings in shares of Grupo Supervielle by 551.6% in the 3rd quarter. Bank of America Corp DE now owns 44,965 shares of the company’s stock valued at $223,000 after acquiring an additional 38,064 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of Grupo Supervielle by 29.3% in the 2nd quarter. Cetera Investment Advisers now owns 26,500 shares of the company’s stock valued at $281,000 after acquiring an additional 6,000 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on SUPV. Zacks Research upgraded Grupo Supervielle from a “strong sell” rating to a “hold” rating in a report on Thursday, May 7th. Wall Street Zen upgraded Grupo Supervielle from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. JPMorgan Chase & Co. lowered their price target on Grupo Supervielle from $12.00 to $11.00 and set a “neutral” rating for the company in a report on Thursday, February 19th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Grupo Supervielle in a report on Friday, April 17th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $13.00.

Get Our Latest Stock Report on Grupo Supervielle

Grupo Supervielle Price Performance

Shares of SUPV opened at $9.37 on Monday. The company has a market cap of $820.31 million, a P/E ratio of -15.88 and a beta of 1.57. The stock has a fifty day moving average price of $8.93 and a 200 day moving average price of $10.06. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 1.00. Grupo Supervielle S.A. has a 12 month low of $4.54 and a 12 month high of $13.55.

Grupo Supervielle (NYSE:SUPVGet Free Report) last issued its quarterly earnings data on Sunday, February 15th. The company reported ($0.03) EPS for the quarter. The company had revenue of $145.40 million for the quarter. Grupo Supervielle had a negative return on equity of 4.40% and a negative net margin of 3.46%. On average, research analysts forecast that Grupo Supervielle S.A. will post 0.61 earnings per share for the current year.

Grupo Supervielle Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Grupo Supervielle (NYSE:SUPV)

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