Virtu Financial LLC Buys New Shares in Grupo Supervielle S.A. (NYSE:SUPV)

Virtu Financial LLC purchased a new stake in Grupo Supervielle S.A. (NYSE:SUPV) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 87,168 shares of the company’s stock, valued at approximately $620,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of SUPV. Mak Capital One LLC lifted its stake in Grupo Supervielle by 37.6% in the 2nd 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 during the last quarter. Ping Capital Management Inc. acquired a new stake in shares of Grupo Supervielle in the second quarter valued at approximately $2,178,000. Acadian Asset Management LLC lifted its position in shares of 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 buying an additional 171,173 shares during the last quarter. Point72 Asset Management L.P. bought a new position in shares of Grupo Supervielle during the 3rd quarter worth approximately $995,000. Finally, Jane Street Group LLC acquired a new position in shares of Grupo Supervielle during the 3rd quarter worth approximately $749,000.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. raised shares of Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 price objective for the company in a research report on Thursday.

Grupo Supervielle Price Performance

Grupo Supervielle stock opened at $13.22 on Friday. Grupo Supervielle S.A. has a twelve month low of $3.33 and a twelve month high of $13.50. The company’s 50-day moving average price is $9.95 and its two-hundred day moving average price is $7.96.

Grupo Supervielle Company 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.