Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report)'s share price traded up 5.8% during trading on Tuesday . The company traded as high as $18.68 and last traded at $18.66. 1,231,892 shares were traded during mid-day trading, a decline of 20% from the average session volume of 1,540,462 shares. The stock had previously closed at $17.64.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. raised Grupo Supervielle from an "underweight" rating to a "neutral" rating and set a $15.00 price target for the company in a report on Thursday, December 12th. Morgan Stanley upgraded shares of Grupo Supervielle from an "underweight" rating to an "overweight" rating and set a $19.00 target price for the company in a research note on Monday, December 16th.
View Our Latest Report on SUPV
Grupo Supervielle Trading Up 3.9 %
The stock's 50 day moving average is $12.61 and its 200 day moving average is $9.05. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of 25.46 and a beta of 1.96.
Institutional Investors Weigh In On Grupo Supervielle
Large investors have recently bought and sold shares of the stock. Mak Capital One LLC lifted its stake in shares of Grupo Supervielle by 37.6% during the second 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 during the period. Ping Capital Management Inc. acquired a new stake in shares of Grupo Supervielle during the second quarter worth $2,178,000. JPMorgan Chase & Co. grew its position in shares of Grupo Supervielle by 129.3% in the third quarter. JPMorgan Chase & Co. now owns 374,515 shares of the company's stock valued at $2,663,000 after purchasing an additional 211,166 shares during the period. Acadian Asset Management LLC increased its stake in Grupo Supervielle by 563.5% in the second quarter. Acadian Asset Management LLC now owns 201,552 shares of the company's stock valued at $1,366,000 after purchasing an additional 171,173 shares during the last quarter. Finally, Point72 Asset Management L.P. purchased a new position in Grupo Supervielle during the third quarter worth about $995,000.
About Grupo Supervielle
(
Get Free Report)
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.
Further Reading
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