Jane Street Group LLC Makes New Investment in Grupo Supervielle S.A. (NYSE:SUPV)

Jane Street Group LLC acquired a new position in Grupo Supervielle S.A. (NYSE:SUPV) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 105,348 shares of the company’s stock, valued at approximately $749,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Mak Capital One LLC lifted its position in shares of Grupo Supervielle by 37.6% during the 2nd quarter. Mak Capital One LLC now owns 2,054,581 shares of the company’s stock valued at $13,930,000 after acquiring an additional 561,720 shares during the period. Ping Capital Management Inc. bought a new stake in Grupo Supervielle in the second quarter valued at $2,178,000. Acadian Asset Management LLC increased its stake in 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 purchasing an additional 171,173 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Grupo Supervielle during the third quarter valued at about $995,000. Finally, Caxton Associates LP boosted its position in shares of Grupo Supervielle by 114.2% during 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 in the last quarter.

Analyst Ratings Changes

A number of analysts recently commented on the company. Morgan Stanley raised Grupo Supervielle from an “underweight” rating to an “overweight” rating and set a $19.00 target price for the company in a research report on Monday, December 16th. JPMorgan Chase & Co. upgraded Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 price objective for the company in a report on Thursday, December 12th.

Grupo Supervielle Price Performance

NYSE:SUPV opened at $16.67 on Friday. Grupo Supervielle S.A. has a one year low of $3.33 and a one year high of $16.80. The company has a market cap of $1.52 billion, a PE ratio of 23.15 and a beta of 2.06. The firm has a 50-day moving average of $12.08 and a 200-day moving average of $8.79.

Grupo Supervielle 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.