Point72 Asset Management L.P. Sells 92,700 Shares of Grupo Supervielle S.A. (NYSE:SUPV)

Point72 Asset Management L.P. reduced its stake in Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 66.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,200 shares of the company's stock after selling 92,700 shares during the period. Point72 Asset Management L.P. owned approximately 0.05% of Grupo Supervielle worth $713,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. bought a new stake in shares of Grupo Supervielle during the 4th quarter worth $63,000. Stratos Wealth Advisors LLC bought a new position in Grupo Supervielle in the 4th quarter valued at approximately $151,000. Y Intercept Hong Kong Ltd bought a new position in Grupo Supervielle in the 4th quarter valued at approximately $235,000. XTX Topco Ltd bought a new stake in shares of Grupo Supervielle during the fourth quarter worth $258,000. Finally, NewEdge Advisors LLC grew its stake in shares of Grupo Supervielle by 4.9% during the fourth quarter. NewEdge Advisors LLC now owns 18,619 shares of the company's stock worth $281,000 after buying an additional 867 shares during the last quarter.

Wall Street Analysts Forecast Growth

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

Grupo Supervielle Stock Down 4.5%

Shares of NYSE SUPV traded down $0.66 during midday trading on Wednesday, hitting $14.05. 1,783,140 shares of the stock traded hands, compared to its average volume of 1,166,904. 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 one year low of $5.00 and a one year high of $19.75. The business has a 50 day moving average price of $14.44 and a two-hundred day moving average price of $14.40. The company has a market cap of $1.24 billion, a PE ratio of 19.50 and a beta of 1.93.

Grupo Supervielle (NYSE:SUPV - Get Free Report) last released 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 business had revenue of $180.66 billion during the quarter, compared to the consensus estimate of $258.16 billion. On average, equities analysts predict that Grupo Supervielle S.A. will post 1.5 EPS for the current year.

Grupo Supervielle Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th were paid a $0.187 dividend. The ex-dividend date was Monday, May 19th. This is an increase from Grupo Supervielle's previous annual dividend of $0.16. This represents a dividend yield of 1.18%. Grupo Supervielle's dividend payout ratio is 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.