Jane Street Group LLC Reduces Stock Position in Grupo Supervielle S.A. (NYSE:SUPV)

Jane Street Group LLC lessened its holdings in Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 83.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,126 shares of the company's stock after selling 88,222 shares during the period. Jane Street Group LLC's holdings in Grupo Supervielle were worth $259,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of SUPV. Arrowstreet Capital Limited Partnership boosted its holdings 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 during the last quarter. Pictet Asset Management Holding SA raised its holdings in shares of Grupo Supervielle by 6.0% in the 4th quarter. Pictet Asset Management Holding SA now owns 1,227,122 shares of the company's stock valued at $18,542,000 after buying an additional 69,197 shares during the period. RWC Asset Management LLP acquired a new position in Grupo Supervielle during the 4th quarter worth about $11,251,000. JPMorgan Chase & Co. lifted its stake in Grupo Supervielle by 12.2% during the 4th quarter. JPMorgan Chase & Co. now owns 420,286 shares of the company's stock worth $6,351,000 after acquiring an additional 45,771 shares in the last quarter. Finally, Jump Financial LLC boosted its holdings in Grupo Supervielle by 8.0% during the 4th 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 during the period.

Grupo Supervielle Stock Up 1.0%

Shares of Grupo Supervielle stock traded up $0.12 during trading hours on Thursday, reaching $11.83. 1,400,685 shares of the company were exchanged, compared to its average volume of 1,163,807. The firm has a market cap of $1.05 billion, a PE ratio of 16.43 and a beta of 1.93. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.86 and a current ratio of 0.86. Grupo Supervielle S.A. has a 1 year low of $5.00 and a 1 year high of $19.75. The stock's fifty day moving average is $14.28 and its 200 day moving average is $14.49.

Grupo Supervielle (NYSE:SUPV - Get Free Report) last issued its quarterly earnings results 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). The company had revenue of $180.66 billion for the quarter, compared to analysts' expectations of $258.16 billion. Grupo Supervielle had a return on equity of 15.92% and a net margin of 5.80%. As a group, equities research analysts forecast 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. Shareholders of record on Monday, May 19th were given a $0.187 dividend. 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 (DPR) is currently 24.32%.

Wall Street Analysts Forecast Growth

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

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.