Millennium Management LLC Has $7.77 Million Stock Position in Grupo Supervielle S.A. (NYSE:SUPV)

Millennium Management LLC raised its position in shares of Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 65.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 514,060 shares of the company's stock after purchasing an additional 202,633 shares during the period. Millennium Management LLC owned approximately 0.58% of Grupo Supervielle worth $7,767,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Brevan Howard Capital Management LP boosted its holdings in shares of Grupo Supervielle by 585.4% in 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 purchasing an additional 1,106,497 shares in the last quarter. RWC Asset Management LLP acquired a new stake in Grupo Supervielle in the fourth quarter valued at about $11,251,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Grupo Supervielle by 111.3% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,409,387 shares of the company's stock valued at $21,296,000 after buying an additional 742,479 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Grupo Supervielle by 5.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,468,764 shares of the company's stock valued at $22,193,000 after acquiring an additional 75,129 shares during the last quarter. Finally, Pictet Asset Management Holding SA raised its stake in Grupo Supervielle by 6.0% during 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.

Grupo Supervielle Price Performance

SUPV traded down $0.22 on Friday, reaching $12.96. The stock had a trading volume of 745,004 shares, compared to its average volume of 1,169,478. 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 capitalization of $1.15 billion, a price-to-earnings ratio of 17.97 and a beta of 1.93. Grupo Supervielle S.A. has a fifty-two week low of $5.00 and a fifty-two week high of $19.75. The firm has a 50-day moving average of $14.42 and a 200-day moving average of $14.42.

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 analysts' consensus estimates of $0.15 by ($0.06). Grupo Supervielle had a net margin of 5.80% and a return on equity of 15.92%. The company had revenue of $180.66 billion during the quarter, compared to analyst estimates of $258.16 billion. As a group, sell-side analysts anticipate that Grupo Supervielle S.A. will post 1.5 EPS for the current year.

Grupo Supervielle Increases Dividend

The business also recently announced 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. This represents a dividend yield of 1.18%. The ex-dividend date was Monday, May 19th. This is an increase from Grupo Supervielle's previous annual dividend of $0.16. Grupo Supervielle's payout ratio is presently 23.08%.

Wall Street Analyst Weigh In

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

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.