MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $21.30 Million Stock Position in Grupo Supervielle S.A. (NYSE:SUPV)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 111.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,409,387 shares of the company's stock after acquiring an additional 742,479 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 1.59% of Grupo Supervielle worth $21,296,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. SBI Securities Co. Ltd. bought a new stake in Grupo Supervielle in the fourth quarter valued at about $63,000. Stratos Wealth Advisors LLC bought a new stake in shares of Grupo Supervielle in the 4th quarter valued at approximately $151,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Grupo Supervielle in the 4th quarter worth approximately $235,000. XTX Topco Ltd acquired a new position in shares of Grupo Supervielle in the 4th quarter worth approximately $258,000. Finally, NewEdge Advisors LLC lifted its position in shares of Grupo Supervielle by 4.9% during the 4th 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 period.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Grupo Supervielle from a "hold" rating to a "sell" rating in a research report on Monday, May 12th.

Grupo Supervielle Price Performance

SUPV stock traded up $0.19 during trading on Friday, hitting $15.59. 801,176 shares of the stock traded hands, compared to its average volume of 1,167,288. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 21.65 and a beta of 1.93. Grupo Supervielle S.A. has a one year low of $5.00 and a one year high of $19.75. 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 50 day simple moving average of $14.13 and a 200 day simple moving average of $14.08.

Grupo Supervielle Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th will be paid a $0.187 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a dividend yield of 1.18%. This is a boost from Grupo Supervielle's previous annual dividend of $0.16. Grupo Supervielle's payout ratio is 23.08%.

Grupo Supervielle Company 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.