BNP Paribas Financial Markets Increases Stock Position in Grupo Supervielle S.A. (NYSE:SUPV)

BNP Paribas Financial Markets grew its holdings 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 Securities and Exchange Commission. The firm owned 124,648 shares of the company's stock after acquiring an additional 63,345 shares during the period. BNP Paribas Financial Markets owned 0.14% of Grupo Supervielle worth $1,883,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership boosted its position in shares of Grupo Supervielle by 5.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,468,764 shares of the company's stock worth $22,193,000 after purchasing an additional 75,129 shares in the last quarter. Pictet Asset Management Holding SA boosted its holdings in Grupo Supervielle by 6.0% in the fourth quarter. Pictet Asset Management Holding SA now owns 1,227,122 shares of the company's stock worth $18,542,000 after acquiring an additional 69,197 shares in the last quarter. RWC Asset Management LLP acquired a new stake in Grupo Supervielle in the fourth quarter valued at approximately $11,251,000. JPMorgan Chase & Co. increased its holdings in shares of Grupo Supervielle by 12.2% during the fourth quarter. JPMorgan Chase & Co. now owns 420,286 shares of the company's stock valued at $6,351,000 after acquiring an additional 45,771 shares in the last quarter. Finally, Jump Financial LLC increased its holdings in shares of Grupo Supervielle by 8.0% during the fourth quarter. Jump Financial LLC now owns 190,813 shares of the company's stock valued at $2,883,000 after acquiring an additional 14,082 shares in the last quarter.

Analyst Ratings Changes

Separately, StockNews.com cut Grupo Supervielle from a "hold" rating to a "sell" rating in a report on Monday, May 12th.

Grupo Supervielle Stock Down 3.9%

Shares of SUPV traded down $0.64 on Wednesday, reaching $15.75. The company's stock had a trading volume of 1,393,375 shares, compared to its average volume of 1,169,318. The stock has a market capitalization of $1.39 billion, a PE ratio of 21.87 and a beta of 1.93. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.07. Grupo Supervielle S.A. has a twelve month low of $5.00 and a twelve month high of $19.75. The firm has a fifty day moving average of $14.25 and a 200-day moving average of $14.18.

Grupo Supervielle Increases Dividend

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

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.