BNP Paribas Financial Markets Acquires 50,138 Shares of Grupo Supervielle S.A. (NYSE:SUPV)

BNP Paribas Financial Markets grew its holdings in shares of Grupo Supervielle S.A. (NYSE:SUPV) by 449.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 61,303 shares of the company’s stock after purchasing an additional 50,138 shares during the period. BNP Paribas Financial Markets’ holdings in Grupo Supervielle were worth $436,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SUPV. Acadian Asset Management LLC raised its stake in 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. Ping Capital Management Inc. purchased a new position in shares of Grupo Supervielle in the 2nd quarter worth about $2,178,000. Caxton Associates LP raised its position in shares of Grupo Supervielle by 114.2% in the 2nd quarter. Caxton Associates LP now owns 102,518 shares of the company’s stock worth $695,000 after purchasing an additional 54,651 shares during the last quarter. Mak Capital One LLC boosted 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 worth $13,930,000 after purchasing an additional 561,720 shares in the last quarter. Finally, Precision Wealth Strategies LLC purchased a new stake in Grupo Supervielle during the 3rd quarter valued at about $317,000.

Grupo Supervielle Price Performance

Shares of NYSE:SUPV opened at $13.22 on Friday. The business has a 50-day simple moving average of $9.95 and a two-hundred day simple moving average of $7.96. Grupo Supervielle S.A. has a fifty-two week low of $3.33 and a fifty-two week high of $13.50.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. upgraded shares of Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 target price on the stock in a research note on Thursday.

About Grupo Supervielle

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.