Paradiem LLC Sells 55,934 Shares of Grupo Supervielle S.A. $SUPV

Paradiem LLC decreased its position in Grupo Supervielle S.A. (NYSE:SUPV) by 66.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,655 shares of the company’s stock after selling 55,934 shares during the period. Paradiem LLC’s holdings in Grupo Supervielle were worth $261,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SUPV. Wells Fargo & Company MN purchased a new position in Grupo Supervielle in the fourth quarter worth about $55,000. Schonfeld Strategic Advisors LLC purchased a new stake in shares of Grupo Supervielle during the third quarter valued at approximately $91,000. Centiva Capital LP purchased a new stake in shares of Grupo Supervielle during the third quarter valued at approximately $101,000. Van ECK Associates Corp grew its holdings in shares of Grupo Supervielle by 101.5% during the fourth quarter. Van ECK Associates Corp now owns 9,265 shares of the company’s stock valued at $110,000 after buying an additional 4,666 shares during the last quarter. Finally, Quantbot Technologies LP bought a new stake in shares of Grupo Supervielle during the third quarter valued at approximately $164,000.

Analyst Upgrades and Downgrades

SUPV has been the topic of several analyst reports. Zacks Research raised Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 7th. Weiss Ratings reiterated a “sell (d)” rating on shares of Grupo Supervielle in a research note on Friday, April 17th. UBS Group reduced their target price on Grupo Supervielle from $13.00 to $11.50 and set a “neutral” rating for the company in a report on Friday. Wall Street Zen upgraded Grupo Supervielle from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, JPMorgan Chase & Co. upped their price target on Grupo Supervielle from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Grupo Supervielle presently has a consensus rating of “Hold” and an average target price of $13.17.

Grupo Supervielle Stock Down 0.6%

Shares of Grupo Supervielle stock opened at $9.81 on Monday. The company has a market cap of $858.87 million, a price-to-earnings ratio of -16.63 and a beta of 1.58. The company’s 50 day moving average is $9.30 and its 200 day moving average is $9.90. Grupo Supervielle S.A. has a twelve month low of $4.54 and a twelve month high of $13.55. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.65.

About Grupo Supervielle

Grupo Supervielle (NYSE: SUPV) is a diversified Argentine financial services holding company headquartered in Buenos Aires. Through its principal subsidiary, Banco Supervielle, the group offers retail and commercial banking products including checking and savings accounts, consumer and corporate loans, credit and debit cards, treasury services and foreign exchange solutions. These services cater to individual customers, small and medium-sized enterprises and larger corporates throughout Argentina’s provincial and urban centers.

Beyond traditional banking, Grupo Supervielle operates in insurance and asset management.