Grupo Supervielle S.A. (NYSE:SUPV) Stake Increased by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its position in shares of Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 103.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 124,648 shares of the company's stock after purchasing an additional 63,345 shares during the quarter. BNP Paribas Financial Markets owned about 0.14% of Grupo Supervielle worth $1,883,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. bought a new position in Grupo Supervielle during the 4th quarter valued at $63,000. Stratos Wealth Advisors LLC bought a new position in Grupo Supervielle during the 4th quarter valued at $151,000. Y Intercept Hong Kong Ltd bought a new position in Grupo Supervielle during the 4th quarter valued at $235,000. XTX Topco Ltd bought a new position in Grupo Supervielle during the 4th quarter valued at $258,000. Finally, NewEdge Advisors LLC boosted its stake in Grupo Supervielle by 4.9% during the 4th quarter. NewEdge Advisors LLC now owns 18,619 shares of the company's stock valued at $281,000 after purchasing an additional 867 shares in the last quarter.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered Grupo Supervielle from a "hold" rating to a "sell" rating in a research note on Monday, May 12th.

Grupo Supervielle Price Performance

Shares of NYSE:SUPV traded down $0.19 on Friday, reaching $15.75. 1,054,908 shares of the company traded hands, compared to its average volume of 1,162,447. Grupo Supervielle S.A. has a fifty-two week low of $5.00 and a fifty-two week high of $19.75. The company's 50 day moving average is $14.39 and its 200-day moving average is $14.29. The stock has a market capitalization of $1.39 billion, a PE ratio of 21.88 and a beta of 1.93. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.86 and a quick ratio of 0.86.

Grupo Supervielle Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th will be given a dividend of $0.187 per share. This represents a dividend yield of 1.18%. The ex-dividend date is Monday, May 19th. This is an increase from Grupo Supervielle's previous annual dividend of $0.16. Grupo Supervielle's dividend payout ratio is 23.08%.

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.