Grupo Supervielle S.A. (NYSE:SUPV – Get Free Report) traded up 7.3% during trading on Wednesday . The company traded as high as $13.14 and last traded at $13.52. 573,879 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 1,275,260 shares. The stock had previously closed at $12.60.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on SUPV shares. JPMorgan Chase & Co. raised Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 price objective on the stock in a research note on Thursday, December 12th. Morgan Stanley upgraded Grupo Supervielle from an “underweight” rating to an “overweight” rating and set a $19.00 price objective for the company in a research note on Monday, December 16th. Finally, StockNews.com lowered Grupo Supervielle from a “hold” rating to a “sell” rating in a research report on Thursday.
Get Our Latest Stock Analysis on SUPV
Grupo Supervielle Stock Up 8.0 %
Institutional Trading of Grupo Supervielle
Hedge funds and other institutional investors have recently bought and sold shares of the stock. TT International Asset Management LTD grew its holdings in Grupo Supervielle by 539.9% during the fourth quarter. TT International Asset Management LTD now owns 116,086 shares of the company’s stock worth $1,754,000 after acquiring an additional 97,946 shares during the period. Jane Street Group LLC acquired a new stake in Grupo Supervielle during the third quarter worth about $749,000. Koshinski Asset Management Inc. acquired a new stake in Grupo Supervielle during the fourth quarter worth about $289,000. Sparta 24 Ltd. acquired a new stake in Grupo Supervielle during the fourth quarter worth about $2,192,000. Finally, JPMorgan Chase & Co. grew its holdings in Grupo Supervielle by 129.3% during the third quarter. JPMorgan Chase & Co. now owns 374,515 shares of the company’s stock worth $2,663,000 after acquiring an additional 211,166 shares during the period.
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.
Read More
- Five stocks we like better than Grupo Supervielle
- What is a buyback in stocks? A comprehensive guide for investors
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- What is the Australian Securities Exchange (ASX)
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- Stock Market Sectors: What Are They and How Many Are There?
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
Receive News & Ratings for Grupo Supervielle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Supervielle and related companies with MarketBeat.com's FREE daily email newsletter.