Mackenzie Financial Corp Reduces Stock Holdings in Grupo Supervielle S.A. (NYSE:SUPV)

Mackenzie Financial Corp reduced its position in Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 53.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,894 shares of the company's stock after selling 33,503 shares during the period. Mackenzie Financial Corp's holdings in Grupo Supervielle were worth $437,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SUPV. PointState Capital LP lifted its holdings in shares of Grupo Supervielle by 300.7% in the fourth quarter. PointState Capital LP now owns 1,896,720 shares of the company's stock valued at $28,659,000 after purchasing an additional 1,423,383 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Grupo Supervielle by 5.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,468,764 shares of the company's stock valued at $22,193,000 after buying an additional 75,129 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Grupo Supervielle by 111.3% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,409,387 shares of the company's stock valued at $21,296,000 after acquiring an additional 742,479 shares in the last quarter. Brevan Howard Capital Management LP lifted its stake in Grupo Supervielle by 585.4% during the 4th quarter. Brevan Howard Capital Management LP now owns 1,295,497 shares of the company's stock valued at $19,724,000 after acquiring an additional 1,106,497 shares in the last quarter. Finally, Pictet Asset Management Holding SA boosted its holdings in Grupo Supervielle by 6.0% during the 4th 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 during the last quarter.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Grupo Supervielle from a "sell" rating to a "hold" rating in a report on Friday, May 30th.

Grupo Supervielle Stock Performance

Shares of SUPV stock traded up $0.45 during trading on Friday, hitting $12.28. The company's stock had a trading volume of 773,206 shares, compared to its average volume of 1,159,214. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.07. The company has a market cap of $1.09 billion, a PE ratio of 17.06 and a beta of 1.93. The business has a fifty day moving average of $14.25 and a 200-day moving average of $14.49. Grupo Supervielle S.A. has a 52 week low of $5.00 and a 52 week high of $19.75.

Grupo Supervielle (NYSE:SUPV - Get Free Report) last posted its quarterly earnings data on Tuesday, May 27th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.06). Grupo Supervielle had a return on equity of 15.92% and a net margin of 5.80%. The business had revenue of $180.66 billion during the quarter, compared to analysts' expectations of $258.16 billion. As a group, research analysts anticipate that Grupo Supervielle S.A. will post 1.5 earnings per share for the current year.

Grupo Supervielle Increases Dividend

The business also recently declared an annual dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 19th were given a dividend of $0.187 per share. The ex-dividend date was Monday, May 19th. This represents a yield of 1.18%. This is a positive change from Grupo Supervielle's previous annual dividend of $0.16. Grupo Supervielle's dividend payout ratio is presently 24.32%.

Grupo Supervielle Company 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.