Grupo Supervielle S.A. (NYSE:SUPV) Shares Sold by Point72 Asset Management L.P.

Point72 Asset Management L.P. cut its holdings in Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 66.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,200 shares of the company's stock after selling 92,700 shares during the quarter. Point72 Asset Management L.P. owned 0.05% of Grupo Supervielle worth $713,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of SUPV. Koshinski Asset Management Inc. purchased a new stake in Grupo Supervielle during the fourth quarter worth $289,000. Stratos Wealth Advisors LLC purchased a new stake in Grupo Supervielle during the fourth quarter worth $151,000. Y Intercept Hong Kong Ltd purchased a new stake in Grupo Supervielle during the fourth quarter worth $235,000. RWC Asset Management LLP purchased a new stake in Grupo Supervielle during the fourth quarter worth $11,251,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Grupo Supervielle during the fourth quarter worth $63,000.

Analyst Upgrades and Downgrades

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

Grupo Supervielle Price Performance

Shares of NYSE SUPV traded down $0.88 during trading on Tuesday, reaching $14.82. The company had a trading volume of 1,551,056 shares, compared to its average volume of 1,162,199. Grupo Supervielle S.A. has a twelve month low of $5.00 and a twelve month high of $19.75. The stock has a market capitalization of $1.31 billion, a PE ratio of 20.57 and a beta of 1.93. The stock has a 50-day moving average price of $14.42 and a two-hundred day moving average price of $14.40. 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 Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th will be given a $0.187 dividend. This is an increase 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 dividend payout ratio is presently 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.