Paradiem LLC Reduces Stock Holdings in Grupo Supervielle S.A. $SUPV

Paradiem LLC reduced its position in shares of Grupo Supervielle S.A. (NYSE:SUPVFree Report) by 66.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 27,655 shares of the company’s stock after selling 55,934 shares during the quarter. Paradiem LLC’s holdings in Grupo Supervielle were worth $261,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Mak Capital One LLC grew its position in Grupo Supervielle by 36.7% during the third quarter. Mak Capital One LLC now owns 4,000,000 shares of the company’s stock valued at $19,800,000 after buying an additional 1,074,732 shares during the period. UBS Group AG raised its position in Grupo Supervielle by 38.4% in the fourth quarter. UBS Group AG now owns 785,432 shares of the company’s stock worth $9,284,000 after acquiring an additional 218,039 shares during the period. Eurizon Capital SGR S.p.A. bought a new position in Grupo Supervielle in the fourth quarter worth approximately $1,243,000. RWC Asset Management LLP boosted its stake in shares of Grupo Supervielle by 58.3% during the 4th quarter. RWC Asset Management LLP now owns 1,178,894 shares of the company’s stock worth $13,935,000 after acquiring an additional 434,285 shares during the last quarter. Finally, Ping Capital Management Inc. boosted its stake in shares of Grupo Supervielle by 26.0% during the 4th quarter. Ping Capital Management Inc. now owns 434,000 shares of the company’s stock worth $5,130,000 after acquiring an additional 89,500 shares during the last quarter.

Grupo Supervielle Stock Performance

Shares of NYSE SUPV opened at $9.81 on Monday. The stock has a market cap of $858.87 million, a PE ratio of -16.63 and a beta of 1.58. Grupo Supervielle S.A. has a 1 year low of $4.54 and a 1 year high of $13.55. The firm has a fifty day moving average price of $9.30 and a 200-day moving average price of $9.90. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 1.00.

Wall Street Analyst Weigh In

SUPV has been the subject of a number of recent research reports. Zacks Research raised shares of Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 7th. UBS Group lowered their target price on Grupo Supervielle from $13.00 to $11.50 and set a “neutral” rating on the stock in a research report on Friday. Wall Street Zen raised Grupo Supervielle from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. JPMorgan Chase & Co. upped their price target on Grupo Supervielle from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Grupo Supervielle in a research note on Friday, April 17th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $13.17.

Read Our Latest Research Report on SUPV

Grupo Supervielle Company 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.

Further Reading

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

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