TT International Asset Management LTD Increases Stock Position in Grupo Supervielle S.A. (NYSE:SUPV)

TT International Asset Management LTD grew its stake in shares of Grupo Supervielle S.A. (NYSE:SUPV) by 539.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 116,086 shares of the company’s stock after acquiring an additional 97,946 shares during the quarter. TT International Asset Management LTD owned about 0.13% of Grupo Supervielle worth $1,754,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Jane Street Group LLC purchased a new position in Grupo Supervielle during the third quarter valued at approximately $749,000. GAMMA Investing LLC raised its position in shares of Grupo Supervielle by 151.4% during the fourth quarter. GAMMA Investing LLC now owns 7,221 shares of the company’s stock valued at $109,000 after buying an additional 4,349 shares during the last quarter. 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 raised 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 buying an additional 50,138 shares during the last quarter. Finally, Acadian Asset Management LLC raised 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 buying an additional 171,173 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. 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 research report on Monday, December 16th. JPMorgan Chase & Co. upgraded shares of Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 price objective on the stock in a research report on Thursday, December 12th.

Grupo Supervielle Price Performance

NYSE:SUPV opened at $19.13 on Monday. Grupo Supervielle S.A. has a 1-year low of $3.45 and a 1-year high of $19.46. The company has a 50-day moving average of $13.19 and a 200 day moving average of $9.31. The firm has a market cap of $1.75 billion, a PE ratio of 26.57 and a beta of 1.96.

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.