GAMMA Investing LLC Boosts Position in Grupo Supervielle S.A. (NYSE:SUPV)

GAMMA Investing LLC grew its holdings in shares of Grupo Supervielle S.A. (NYSE:SUPV) by 151.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,221 shares of the company’s stock after buying an additional 4,349 shares during the period. GAMMA Investing LLC’s holdings in Grupo Supervielle were worth $109,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Jane Street Group LLC bought a new stake in shares of Grupo Supervielle during the third quarter valued at approximately $749,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Grupo Supervielle during the third quarter valued at approximately $145,000. BNP Paribas Financial Markets boosted its position in shares of Grupo Supervielle by 449.1% during the third quarter. BNP Paribas Financial Markets now owns 61,303 shares of the company’s stock valued at $436,000 after purchasing an additional 50,138 shares in the last quarter. Acadian Asset Management LLC boosted its position 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. Finally, Mak Capital One LLC boosted its position in shares of Grupo Supervielle by 37.6% during the second quarter. Mak Capital One LLC now owns 2,054,581 shares of the company’s stock valued at $13,930,000 after purchasing an additional 561,720 shares in the last quarter.

Analysts Set New Price Targets

SUPV has been the topic of several research reports. Morgan Stanley upgraded Grupo Supervielle from an “underweight” rating to an “overweight” rating and set a $19.00 price target on the stock in a research report on Monday, December 16th. JPMorgan Chase & Co. upgraded Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 price target on the stock in a research report on Thursday, December 12th.

Grupo Supervielle Trading Up 3.2 %

Grupo Supervielle stock opened at $19.13 on Friday. The business’s fifty day simple moving average is $12.99 and its two-hundred day simple moving average is $9.18. Grupo Supervielle S.A. has a 12 month low of $3.45 and a 12 month high of $19.46. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 26.57 and a beta of 1.96.

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.