D. E. Shaw & Co. Inc. Reduces Position in Grupo Supervielle S.A. (NYSE:SUPV)

D. E. Shaw & Co. Inc. decreased its holdings in shares of Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 60.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 405,397 shares of the company's stock after selling 607,625 shares during the period. D. E. Shaw & Co. Inc. owned 0.46% of Grupo Supervielle worth $6,126,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Koshinski Asset Management Inc. bought a new stake in shares of Grupo Supervielle during the fourth quarter valued at approximately $289,000. JPMorgan Chase & Co. increased its stake in shares of Grupo Supervielle by 129.3% during the third quarter. JPMorgan Chase & Co. now owns 374,515 shares of the company's stock valued at $2,663,000 after purchasing an additional 211,166 shares in the last quarter. Sparta 24 Ltd. purchased a new position in shares of Grupo Supervielle during the fourth quarter valued at approximately $2,192,000. RWC Asset Management LLP bought a new stake in shares of Grupo Supervielle in the 4th quarter worth approximately $11,251,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Grupo Supervielle in the 4th quarter worth approximately $235,000.

Grupo Supervielle Stock Down 0.2%

NYSE:SUPV traded down $0.03 on Tuesday, reaching $16.43. 993,381 shares of the stock traded hands, compared to its average volume of 1,167,495. 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 $1.45 billion, a price-to-earnings ratio of 22.82 and a beta of 1.93. Grupo Supervielle S.A. has a 12 month low of $5.00 and a 12 month high of $19.75. The company's fifty day simple moving average is $14.19 and its 200 day simple moving average is $14.17.

Grupo Supervielle Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th will be paid a dividend of $0.187 per share. This represents a yield of 1.18%. 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. Grupo Supervielle's dividend payout ratio (DPR) is currently 23.08%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Grupo Supervielle from a "hold" rating to a "sell" rating in a research report 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.