BNP Paribas Financial Markets Boosts Stock Position in Grupo Supervielle S.A. (NYSE:SUPV)

BNP Paribas Financial Markets lifted its holdings in shares of Grupo Supervielle S.A. (NYSE:SUPV) by 449.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 61,303 shares of the company’s stock after purchasing an additional 50,138 shares during the period. BNP Paribas Financial Markets’ holdings in Grupo Supervielle were worth $436,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Quantbot Technologies LP boosted its position in Grupo Supervielle by 212.9% during the third quarter. Quantbot Technologies LP now owns 28,807 shares of the company’s stock valued at $205,000 after buying an additional 19,602 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Grupo Supervielle during the 3rd quarter worth approximately $145,000. Precision Wealth Strategies LLC bought a new position in Grupo Supervielle during the 3rd quarter worth approximately $317,000. Caxton Associates LP increased its stake in Grupo Supervielle by 114.2% in the 2nd quarter. Caxton Associates LP now owns 102,518 shares of the company’s stock worth $695,000 after purchasing an additional 54,651 shares during the period. Finally, Acadian Asset Management LLC lifted its position in Grupo Supervielle by 563.5% in the second quarter. Acadian Asset Management LLC now owns 201,552 shares of the company’s stock valued at $1,366,000 after purchasing an additional 171,173 shares during the last quarter.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. upgraded shares of Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 target price on the stock in a report on Thursday.

Grupo Supervielle Price Performance

NYSE SUPV opened at $13.22 on Friday. Grupo Supervielle S.A. has a 1 year low of $3.33 and a 1 year high of $13.50. The business’s 50-day moving average is $9.95 and its 200 day moving average is $7.96.

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.