Jane Street Group LLC Purchases New Position in Grupo Supervielle S.A. (NYSE:SUPV)

Jane Street Group LLC acquired a new stake in Grupo Supervielle S.A. (NYSE:SUPV - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 105,348 shares of the company's stock, valued at approximately $749,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Centiva Capital LP acquired a new stake in shares of Grupo Supervielle in the 3rd quarter worth about $127,000. Dynamic Technology Lab Private Ltd bought a new stake in Grupo Supervielle during the 3rd quarter worth approximately $145,000. Quantbot Technologies LP raised its stake in shares of Grupo Supervielle by 212.9% in the third quarter. Quantbot Technologies LP now owns 28,807 shares of the company's stock worth $205,000 after purchasing an additional 19,602 shares during the last quarter. Benjamin Edwards Inc. bought a new position in shares of Grupo Supervielle in the third quarter valued at approximately $283,000. Finally, Precision Wealth Strategies LLC purchased a new position in shares of Grupo Supervielle during the third quarter valued at approximately $317,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on SUPV shares. 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 research 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.

Grupo Supervielle Trading Up 2.5 %

Shares of SUPV traded up $0.41 on Friday, reaching $17.08. 1,578,936 shares of the company's stock traded hands, compared to its average volume of 1,705,568. The stock's 50 day simple moving average is $12.25 and its two-hundred day simple moving average is $8.86. The stock has a market cap of $1.56 billion, a PE ratio of 23.72 and a beta of 2.06. Grupo Supervielle S.A. has a 52-week low of $3.33 and a 52-week high of $17.13.

Grupo Supervielle Profile

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.