Grupo Supervielle S.A. (NYSE:SUPV) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in Grupo Supervielle S.A. (NYSE:SUPV) by 12.2% during the 4th quarter, Holdings Channel reports. The fund owned 420,286 shares of the company’s stock after buying an additional 45,771 shares during the quarter. JPMorgan Chase & Co.’s holdings in Grupo Supervielle were worth $6,351,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new stake in Grupo Supervielle in the 4th quarter valued at approximately $63,000. RWC Asset Management LLP acquired a new stake in shares of Grupo Supervielle in the 4th quarter valued at approximately $11,251,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Grupo Supervielle in the fourth quarter valued at approximately $235,000. Stratos Wealth Advisors LLC acquired a new position in Grupo Supervielle during the fourth quarter worth $151,000. Finally, Sparta 24 Ltd. acquired a new position in Grupo Supervielle during the fourth quarter worth $2,192,000.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Grupo Supervielle from a “sell” rating to a “hold” rating in a research report on Sunday, April 6th.

Grupo Supervielle Trading Up 1.0 %

Shares of Grupo Supervielle stock opened at $15.32 on Friday. The company has a 50-day moving average of $13.52 and a two-hundred day moving average of $12.97. The stock has a market cap of $1.36 billion, a PE ratio of 21.27 and a beta of 1.80. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.07. Grupo Supervielle S.A. has a 12-month low of $5.00 and a 12-month high of $19.75.

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.