Grupo Supervielle S.A. (NYSE:SUPV) Shares Sold by Mackenzie Financial Corp

Mackenzie Financial Corp cut its stake in Grupo Supervielle S.A. (NYSE:SUPV) by 53.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,894 shares of the company’s stock after selling 33,503 shares during the period. Mackenzie Financial Corp’s holdings in Grupo Supervielle were worth $437,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of SUPV. PointState Capital LP raised its holdings in Grupo Supervielle by 300.7% in the fourth quarter. PointState Capital LP now owns 1,896,720 shares of the company’s stock valued at $28,659,000 after buying an additional 1,423,383 shares during the period. Brevan Howard Capital Management LP raised its holdings in Grupo Supervielle by 585.4% in the fourth quarter. Brevan Howard Capital Management LP now owns 1,295,497 shares of the company’s stock valued at $19,724,000 after buying an additional 1,106,497 shares during the period. RWC Asset Management LLP purchased a new position in Grupo Supervielle in the fourth quarter valued at approximately $11,251,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Grupo Supervielle by 111.3% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,409,387 shares of the company’s stock valued at $21,296,000 after buying an additional 742,479 shares during the period. Finally, Millennium Management LLC raised its holdings in Grupo Supervielle by 65.1% in the fourth quarter. Millennium Management LLC now owns 514,060 shares of the company’s stock valued at $7,767,000 after buying an additional 202,633 shares during the period.

Grupo Supervielle Trading Down 1.0%

SUPV opened at $12.66 on Wednesday. The firm has a market capitalization of $1.12 billion, a P/E ratio of 17.58 and a beta of 1.93. The firm’s 50 day moving average is $14.32 and its 200-day moving average is $14.50. 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.

Grupo Supervielle (NYSE:SUPV) last posted its quarterly earnings data on Tuesday, May 27th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.06). The firm had revenue of $180.66 billion for the quarter, compared to analysts’ expectations of $258.16 billion. Grupo Supervielle had a net margin of 5.80% and a return on equity of 15.92%. Analysts expect that Grupo Supervielle S.A. will post 1.5 EPS for the current fiscal year.

Grupo Supervielle Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th were paid a dividend of $0.187 per share. The ex-dividend date of this dividend was Monday, May 19th. This represents a dividend yield of 1.18%. This is a positive change from Grupo Supervielle’s previous annual dividend of $0.16. Grupo Supervielle’s dividend payout ratio (DPR) is currently 24.32%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of Grupo Supervielle from a “sell” rating to a “hold” rating in a research note on Friday, May 30th.

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.