Macquarie Group Ltd. Acquires Shares of 135,608 Grupo Supervielle SA -ADR (SUPV)

Macquarie Group Ltd. acquired a new position in shares of Grupo Supervielle SA -ADR (NYSE:SUPV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 135,608 shares of the company’s stock, valued at approximately $3,975,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Commonwealth Bank of Australia lifted its stake in Grupo Supervielle by 257.0% in the third quarter. Commonwealth Bank of Australia now owns 10,755 shares of the company’s stock valued at $264,000 after buying an additional 7,742 shares in the last quarter. Artisan Partners Limited Partnership lifted its stake in Grupo Supervielle by 10.7% in the third quarter. Artisan Partners Limited Partnership now owns 829,949 shares of the company’s stock valued at $20,491,000 after buying an additional 80,176 shares in the last quarter. Stifel Financial Corp bought a new position in Grupo Supervielle in the third quarter valued at approximately $1,397,000. Invictus RG bought a new position in Grupo Supervielle in the third quarter valued at approximately $413,000. Finally, Graticule Asia Macro Advisors LLC lifted its stake in Grupo Supervielle by 6.0% in the third quarter. Graticule Asia Macro Advisors LLC now owns 175,680 shares of the company’s stock valued at $4,338,000 after buying an additional 10,000 shares in the last quarter. 60.36% of the stock is currently owned by institutional investors and hedge funds.

How to Become a New Pot Stock Millionaire

NYSE SUPV opened at $30.34 on Friday. Grupo Supervielle SA -ADR has a 12-month low of $16.09 and a 12-month high of $33.85. The company has a market capitalization of $2,207.54, a PE ratio of 16.14, a price-to-earnings-growth ratio of 0.51 and a beta of 0.17.

A number of research analysts have weighed in on the stock. Zacks Investment Research raised shares of Grupo Supervielle from a “sell” rating to a “buy” rating and set a $36.00 price target on the stock in a research note on Saturday, February 24th. ValuEngine raised shares of Grupo Supervielle from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Grupo Supervielle currently has a consensus rating of “Buy” and a consensus price target of $28.75.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally reported by WKRB News and is the sole property of of WKRB News. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://www.wkrb13.com/2018/04/01/macquarie-group-ltd-acquires-shares-of-135608-grupo-supervielle-sa-adr-supv.html.

Grupo Supervielle Profile

Grupo Supervielle SA is an Argentina-based holding company primarily engaged in the financial sector. The Company provides services through numerous subsidiaries, such as Banco Supervielle SA, that offers bank services, mainly to individuals and commercial customers; Cordial Compania Financiera SA, which focuses on credit card issuing, as well as providing consumer loans and insurance for Wal-Mart Argentina customers; Tarjeta Automatica SA, which issues and administrates credit cards; Cordial Microfinanzas SA, that offers financing for urban micro-enterprises; Supervielle Seguros SA, which sells insurance products; Supervielle Asset Management Sociedad Gerente de FCI SA, which manages investment funds, and Espacio Cordial Servicios SA, that distributes audio and video equipment, computers, home appliance and air conditioning units, among others.

Want to see what other hedge funds are holding SUPV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grupo Supervielle SA -ADR (NYSE:SUPV).

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

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.

Leave a Reply