Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) shares traded up 4.4% during trading on Tuesday . The company traded as high as $16.27 and last traded at $16.08. 461,936 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 1,240,552 shares. The stock had previously closed at $15.40.
Analyst Ratings Changes
SUPV has been the subject of a number of research reports. Morgan Stanley raised Grupo Supervielle from an "underweight" rating to an "overweight" rating and set a $19.00 target price for the company in a report on Monday. JPMorgan Chase & Co. upgraded Grupo Supervielle from an "underweight" rating to a "neutral" rating and set a $15.00 price objective on the stock in a research note on Thursday, December 12th.
Read Our Latest Report on SUPV
Grupo Supervielle Trading Up 1.0 %
The firm has a 50-day moving average of $10.11 and a two-hundred day moving average of $8.02. The firm has a market capitalization of $1.42 billion, a P/E ratio of 21.61 and a beta of 2.06.
Hedge Funds Weigh In On Grupo Supervielle
A number of institutional investors have recently added to or reduced their stakes in SUPV. Virtu Financial LLC acquired a new position in Grupo Supervielle in the 3rd quarter worth about $620,000. Insigneo Advisory Services LLC grew its holdings in shares of Grupo Supervielle by 60.8% during the third quarter. Insigneo Advisory Services LLC now owns 47,749 shares of the company's stock worth $339,000 after purchasing an additional 18,060 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Grupo Supervielle in the third quarter valued at approximately $749,000. Point72 Asset Management L.P. bought a new position in Grupo Supervielle in the 3rd quarter valued at approximately $995,000. Finally, Centiva Capital LP bought a new position in Grupo Supervielle in the 3rd quarter valued at approximately $127,000.
Grupo Supervielle Company Profile
(
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.
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