TT International Asset Management LTD Increases Stock Holdings in Grupo Supervielle S.A. (NYSE:SUPV)

TT International Asset Management LTD increased its holdings in shares of Grupo Supervielle S.A. (NYSE:SUPV) by 539.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,086 shares of the company’s stock after buying an additional 97,946 shares during the period. TT International Asset Management LTD’s holdings in Grupo Supervielle were worth $1,754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of SUPV. Acadian Asset Management LLC grew its position in Grupo Supervielle by 563.5% in the 2nd quarter. Acadian Asset Management LLC now owns 201,552 shares of the company’s stock valued at $1,366,000 after acquiring an additional 171,173 shares in the last quarter. Caxton Associates LP boosted its stake in shares of Grupo Supervielle by 114.2% in the 2nd quarter. Caxton Associates LP now owns 102,518 shares of the company’s stock valued at $695,000 after buying an additional 54,651 shares during the period. Mak Capital One LLC lifted its stake in Grupo Supervielle by 37.6% during the second quarter. Mak Capital One LLC now owns 2,054,581 shares of the company’s stock worth $13,930,000 after purchasing an additional 561,720 shares during the last quarter. Precision Wealth Strategies LLC purchased a new stake in Grupo Supervielle during the third quarter worth approximately $317,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Grupo Supervielle during the third quarter worth approximately $145,000.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Morgan Stanley upgraded 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. JPMorgan Chase & Co. upgraded Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 target price for the company in a research note on Thursday, December 12th.

Grupo Supervielle Stock Up 3.2 %

SUPV opened at $19.13 on Monday. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 26.57 and a beta of 1.96. Grupo Supervielle S.A. has a 52 week low of $3.45 and a 52 week high of $19.46. The business’s 50 day moving average is $13.19 and its two-hundred day moving average is $9.31.

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.