Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) shares were up 6% on Tuesday . The company traded as high as $19.00 and last traded at $18.87. Approximately 207,102 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 1,683,147 shares. The stock had previously closed at $17.80.
Wall Street Analyst Weigh In
A number of research firms have commented on SUPV. Morgan Stanley upgraded shares of Grupo Supervielle from an "underweight" rating to an "overweight" rating and set a $19.00 price objective on the stock in a report on Monday, December 16th. JPMorgan Chase & Co. raised shares of Grupo Supervielle from an "underweight" rating to a "neutral" rating and set a $15.00 price target on the stock in a report on Thursday, December 12th.
Check Out Our Latest Stock Analysis on Grupo Supervielle
Grupo Supervielle Price Performance
The firm has a market capitalization of $1.75 billion, a P/E ratio of 26.54 and a beta of 1.96. The business's 50-day moving average is $13.37 and its 200 day moving average is $9.38.
Institutional Trading of Grupo Supervielle
A number of institutional investors have recently modified their holdings of SUPV. Mak Capital One LLC raised its stake in Grupo Supervielle by 37.6% during the second quarter. Mak Capital One LLC now owns 2,054,581 shares of the company's stock worth $13,930,000 after acquiring an additional 561,720 shares in the last quarter. JPMorgan Chase & Co. increased its position in 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 purchasing an additional 211,166 shares in the last quarter. Acadian Asset Management LLC lifted its stake in Grupo Supervielle by 563.5% in the 2nd 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. Point72 Asset Management L.P. acquired a new stake in Grupo Supervielle in the third quarter valued at approximately $995,000. Finally, Jane Street Group LLC bought a new position in shares of Grupo Supervielle in the 3rd quarter valued at $749,000.
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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