Virtu Financial LLC Trims Position in Grupo Supervielle S.A. (NYSE:SUPV)

Virtu Financial LLC trimmed its stake in shares of Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 61.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 33,747 shares of the company's stock after selling 53,421 shares during the quarter. Virtu Financial LLC's holdings in Grupo Supervielle were worth $510,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. RWC Asset Management LLP acquired a new stake in shares of Grupo Supervielle during the 4th quarter valued at $11,251,000. JPMorgan Chase & Co. grew its holdings 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 acquiring an additional 211,166 shares during the last quarter. Sparta 24 Ltd. acquired a new position in Grupo Supervielle in the 4th quarter valued at approximately $2,192,000. Point72 Asset Management L.P. bought a new position in shares of Grupo Supervielle during the third quarter valued at $995,000. Finally, TT International Asset Management LTD lifted its holdings in shares of Grupo Supervielle by 539.9% during the fourth quarter. TT International Asset Management LTD now owns 116,086 shares of the company's stock worth $1,754,000 after purchasing an additional 97,946 shares during the period.

Analyst Upgrades and Downgrades

SUPV has been the topic of several recent research reports. JPMorgan Chase & Co. upgraded Grupo Supervielle from an "underweight" rating to a "neutral" rating and set a $15.00 price target on the stock in a research report on Thursday, December 12th. Morgan Stanley raised Grupo Supervielle from an "underweight" rating to an "overweight" rating and set a $19.00 price objective on the stock in a research note on Monday, December 16th. Finally, StockNews.com downgraded shares of Grupo Supervielle from a "hold" rating to a "sell" rating in a research report on Saturday.

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Grupo Supervielle Stock Down 3.2 %

Grupo Supervielle stock traded down $0.45 during midday trading on Friday, hitting $13.63. 641,115 shares of the stock were exchanged, compared to its average volume of 1,234,696. Grupo Supervielle S.A. has a 52-week low of $5.00 and a 52-week high of $19.75. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.07. The business's 50-day moving average price is $14.68 and its 200-day moving average price is $12.50. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 18.93 and a beta of 2.02.

About Grupo Supervielle

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.