Benjamin Edwards Inc. Cuts Stake in Grupo Supervielle S.A. (NYSE:SUPV)

Benjamin Edwards Inc. lessened its holdings in Grupo Supervielle S.A. (NYSE:SUPV) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,489 shares of the company’s stock after selling 1,379 shares during the period. Benjamin Edwards Inc.’s holdings in Grupo Supervielle were worth $582,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Arrowstreet Capital Limited Partnership boosted its holdings in Grupo Supervielle by 5.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,468,764 shares of the company’s stock valued at $22,193,000 after purchasing an additional 75,129 shares during the period. Pictet Asset Management Holding SA grew its position in shares of Grupo Supervielle by 6.0% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,227,122 shares of the company’s stock worth $18,542,000 after buying an additional 69,197 shares in the last quarter. RWC Asset Management LLP acquired a new position in shares of Grupo Supervielle during the fourth quarter worth about $11,251,000. JPMorgan Chase & Co. increased its stake in shares of Grupo Supervielle by 12.2% during the fourth quarter. JPMorgan Chase & Co. now owns 420,286 shares of the company’s stock worth $6,351,000 after buying an additional 45,771 shares during the period. Finally, Jump Financial LLC lifted its stake in Grupo Supervielle by 8.0% in the fourth quarter. Jump Financial LLC now owns 190,813 shares of the company’s stock worth $2,883,000 after acquiring an additional 14,082 shares during the last quarter.

Grupo Supervielle Stock Performance

Shares of Grupo Supervielle stock opened at $15.01 on Friday. 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 S.A. has a 52 week low of $5.00 and a 52 week high of $19.75. The firm’s 50 day moving average is $13.86 and its two-hundred day moving average is $13.75. The firm has a market capitalization of $1.33 billion, a P/E ratio of 20.85 and a beta of 1.93.

Wall Street Analysts Forecast Growth

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

Grupo Supervielle 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.