Jane Street Group LLC Sells 88,222 Shares of Grupo Supervielle S.A. (NYSE:SUPV)
Jane Street Group LLC trimmed its position in Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 83.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,126 shares of the company's stock after selling 88,222 shares during the quarter. Jane Street Group LLC's holdings in Grupo Supervielle were worth $259,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in SUPV. RWC Asset Management LLP bought a new stake in shares of Grupo Supervielle in the fourth quarter worth about $11,251,000. Arrowstreet Capital Limited Partnership grew its position in Grupo Supervielle by 5.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,468,764 shares of the company's stock worth $22,193,000 after acquiring an additional 75,129 shares in the last quarter. Pictet Asset Management Holding SA grew its position in Grupo Supervielle by 6.0% in the fourth quarter. Pictet Asset Management Holding SA now owns 1,227,122 shares of the company's stock worth $18,542,000 after acquiring an additional 69,197 shares in the last quarter. JPMorgan Chase & Co. grew its position in Grupo Supervielle by 12.2% in the fourth quarter. JPMorgan Chase & Co. now owns 420,286 shares of the company's stock worth $6,351,000 after acquiring an additional 45,771 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC purchased a new position in Grupo Supervielle in the fourth quarter worth about $623,000.
Separately, Wall Street Zen upgraded Grupo Supervielle from a "sell" rating to a "hold" rating in a research report on Friday, May 30th.
Get Our Latest Analysis on SUPV
Shares of NYSE:SUPV opened at $12.66 on Wednesday. Grupo Supervielle S.A. has a 1 year low of $5.00 and a 1 year high of $19.75. The business has a 50 day simple moving average of $14.32 and a two-hundred day simple moving average of $14.50. The firm has a market capitalization of $1.12 billion, a PE ratio of 17.58 and a beta of 1.93. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.86 and a quick ratio of 0.86.
Grupo Supervielle (NYSE:SUPV - Get Free Report) last announced its earnings results on Tuesday, May 27th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts' expectations of $258.16 billion. On average, equities analysts predict that Grupo Supervielle S.A. will post 1.5 EPS for the current year.
The firm also recently announced an annual dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th were given a dividend of $0.187 per share. This represents a dividend yield of 1.18%. The ex-dividend date of this dividend was Monday, May 19th. This is a positive change from Grupo Supervielle's previous annual dividend of $0.16. Grupo Supervielle's payout ratio is 24.32%.
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.
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