Wells Fargo & Company MN raised its position in shares of Grupo Supervielle SA -ADR (NYSE:SUPV) by 13.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 765,915 shares of the company’s stock after purchasing an additional 88,021 shares during the period. Wells Fargo & Company MN’s holdings in Grupo Supervielle were worth $8,102,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SUPV. American Century Companies Inc. grew its holdings in Grupo Supervielle by 241.9% during the first quarter. American Century Companies Inc. now owns 566,368 shares of the company’s stock valued at $17,184,000 after purchasing an additional 400,728 shares during the period. Artisan Partners Limited Partnership grew its holdings in Grupo Supervielle by 32.4% during the first quarter. Artisan Partners Limited Partnership now owns 1,580,855 shares of the company’s stock valued at $47,963,000 after purchasing an additional 386,985 shares during the period. Millennium Management LLC grew its holdings in Grupo Supervielle by 300.9% during the first quarter. Millennium Management LLC now owns 388,876 shares of the company’s stock valued at $11,798,000 after purchasing an additional 291,872 shares during the period. Pelham Global Financials Ltd. grew its holdings in Grupo Supervielle by 27.3% during the second quarter. Pelham Global Financials Ltd. now owns 999,063 shares of the company’s stock valued at $10,570,000 after purchasing an additional 214,500 shares during the period. Finally, Nuveen Asset Management LLC bought a new position in Grupo Supervielle during the first quarter valued at $5,507,000. 45.69% of the stock is owned by institutional investors and hedge funds.

Grupo Supervielle stock opened at $7.36 on Thursday. Grupo Supervielle SA -ADR has a one year low of $4.91 and a one year high of $33.85. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.12 and a quick ratio of 1.15. The firm has a market capitalization of $570.44 million, a PE ratio of 3.91, a P/E/G ratio of 6.57 and a beta of 0.05.

Several equities analysts have weighed in on SUPV shares. Zacks Investment Research lowered Grupo Supervielle from a “strong-buy” rating to a “hold” rating in a report on Saturday, May 19th. ValuEngine lowered Grupo Supervielle from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd. UBS Group lowered Grupo Supervielle from a “neutral” rating to a “sell” rating in a report on Monday, June 25th. JPMorgan Chase & Co. lowered Grupo Supervielle from an “overweight” rating to a “neutral” rating and set a $9.00 price target for the company. in a report on Friday, August 24th. Finally, Bank of America lowered Grupo Supervielle from a “buy” rating to a “neutral” rating and cut their price target for the stock from $40.00 to $8.00 in a report on Thursday, August 30th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $19.75.

Grupo Supervielle Profile

Grupo Supervielle SA, a financial services holding company, provides banking products and services in Argentina. The company operates through Retail Banking, Corporate Banking, Treasury, Consumer Finance, Insurance, and Asset Management & Other Services segments. It accepts deposit accounts; and offers personal loans, foreign trade finance, and loans to the middle and lower-middle-income sectors.

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Institutional Ownership by Quarter for Grupo Supervielle (NYSE:SUPV)

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