Jane Street Group LLC Buys Shares of 105,348 Grupo Supervielle S.A. (NYSE:SUPV)

Jane Street Group LLC bought a new position in shares of Grupo Supervielle S.A. (NYSE:SUPV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 105,348 shares of the company’s stock, valued at approximately $749,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SUPV. Mak Capital One LLC boosted its holdings in shares of Grupo Supervielle by 37.6% during the 2nd quarter. Mak Capital One LLC now owns 2,054,581 shares of the company’s stock valued at $13,930,000 after acquiring an additional 561,720 shares in the last quarter. Ping Capital Management Inc. acquired a new stake in shares of Grupo Supervielle during the second quarter valued at about $2,178,000. Acadian Asset Management LLC boosted its stake in shares of Grupo Supervielle by 563.5% during 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 in the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Grupo Supervielle during the third quarter worth about $995,000. Finally, Freedom Investment Management Inc. acquired a new position in shares of Grupo Supervielle in the third quarter valued at approximately $519,000.

Grupo Supervielle Price Performance

Shares of SUPV stock opened at $16.67 on Friday. The stock has a market capitalization of $1.52 billion, a PE ratio of 23.15 and a beta of 2.06. The business’s 50 day simple moving average is $12.08 and its 200 day simple moving average is $8.79. Grupo Supervielle S.A. has a one year low of $3.33 and a one year high of $16.80.

Wall Street Analysts Forecast Growth

Several research firms recently commented on SUPV. 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 research report on Thursday, December 12th. Morgan Stanley upgraded shares of Grupo Supervielle from an “underweight” rating to an “overweight” rating and set a $19.00 price target on the stock in a report on Monday, December 16th.

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.