TT International Asset Management LTD Acquires 97,946 Shares of Grupo Supervielle S.A. (NYSE:SUPV)

TT International Asset Management LTD boosted its holdings in Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 539.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 116,086 shares of the company's stock after acquiring an additional 97,946 shares during the quarter. TT International Asset Management LTD owned 0.13% of Grupo Supervielle worth $1,754,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. GAMMA Investing LLC increased its stake in Grupo Supervielle by 151.4% in the 4th quarter. GAMMA Investing LLC now owns 7,221 shares of the company's stock valued at $109,000 after buying an additional 4,349 shares during the last quarter. Centiva Capital LP purchased a new stake in shares of Grupo Supervielle during the third quarter valued at approximately $127,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Grupo Supervielle during the third quarter valued at approximately $145,000. Quantbot Technologies LP lifted its holdings in Grupo Supervielle by 212.9% during the third quarter. Quantbot Technologies LP now owns 28,807 shares of the company's stock worth $205,000 after acquiring an additional 19,602 shares during the period. Finally, Benjamin Edwards Inc. purchased a new position in Grupo Supervielle in the third quarter worth $283,000.

Wall Street Analysts Forecast Growth

SUPV has been the subject of several research analyst reports. JPMorgan Chase & Co. raised Grupo Supervielle from an "underweight" rating to a "neutral" rating and set a $15.00 target price 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 price objective for the company in a report on Monday, December 16th.

Grupo Supervielle Stock Performance

NYSE:SUPV traded down $1.28 during trading hours on Monday, reaching $17.88. The stock had a trading volume of 2,196,266 shares, compared to its average volume of 1,905,144. The stock has a market cap of $1.63 billion, a P/E ratio of 24.83 and a beta of 1.96. The stock has a 50 day simple moving average of $13.19 and a 200 day simple moving average of $9.31. Grupo Supervielle S.A. has a 12-month low of $3.45 and a 12-month high of $19.46.

Grupo Supervielle Company 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.