Grupo Supervielle S.A. (NYSE:SUPV) Shares Acquired by PointState Capital LP

PointState Capital LP boosted its stake in shares of Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 300.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,896,720 shares of the company's stock after buying an additional 1,423,383 shares during the period. PointState Capital LP owned approximately 2.14% of Grupo Supervielle worth $28,659,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its position 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 worth $2,663,000 after purchasing an additional 211,166 shares during the last quarter. Koshinski Asset Management Inc. bought a new stake in shares of Grupo Supervielle during the fourth quarter worth $289,000. Sparta 24 Ltd. bought a new stake in shares of Grupo Supervielle during the fourth quarter worth $2,192,000. Stratos Wealth Advisors LLC bought a new stake in shares of Grupo Supervielle during the fourth quarter worth $151,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Grupo Supervielle during the fourth quarter worth $235,000.

Grupo Supervielle Stock Up 1.2%

NYSE SUPV traded up $0.19 during trading on Friday, hitting $15.59. The company's stock had a trading volume of 801,176 shares, compared to its average volume of 1,167,288. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market cap of $1.38 billion, a PE ratio of 21.65 and a beta of 1.93. The business's 50 day simple moving average is $14.13 and its 200-day simple moving average is $14.08. Grupo Supervielle S.A. has a fifty-two week low of $5.00 and a fifty-two week high of $19.75.

Grupo Supervielle Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 19th will be issued a dividend of $0.187 per share. 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 payout ratio is 23.08%.

Analyst Upgrades and Downgrades

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

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.