Grupo Supervielle S.A. (NYSE:SUPV) Shares Acquired by Caxton Associates LP

Caxton Associates LP lifted its position in shares of Grupo Supervielle S.A. (NYSE:SUPV) by 114.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 102,518 shares of the company’s stock after acquiring an additional 54,651 shares during the quarter. Caxton Associates LP’s holdings in Grupo Supervielle were worth $695,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. BNP Paribas Financial Markets increased its position in Grupo Supervielle by 1,262.1% in the first quarter. BNP Paribas Financial Markets now owns 17,735 shares of the company’s stock worth $101,000 after buying an additional 16,433 shares during the period. Quadrature Capital Ltd increased its position in Grupo Supervielle by 162.4% in the fourth quarter. Quadrature Capital Ltd now owns 41,080 shares of the company’s stock worth $168,000 after buying an additional 25,425 shares during the period. Acadian Asset Management LLC acquired a new stake in Grupo Supervielle in the first quarter worth $173,000. Finally, Ping Capital Management Inc. acquired a new stake in Grupo Supervielle in the second quarter worth $2,178,000.

Analyst Ratings Changes

Separately, Bank of America raised Grupo Supervielle from an “underperform” rating to a “neutral” rating and set a $7.00 target price on the stock in a research report on Thursday, August 8th.

Grupo Supervielle Stock Performance

NYSE:SUPV opened at $7.43 on Friday. Grupo Supervielle S.A. has a 1 year low of $1.76 and a 1 year high of $8.74. The stock has a market cap of $678.66 million, a price-to-earnings ratio of 7.08 and a beta of 2.04. The business has a fifty day moving average of $7.08 and a 200-day moving average of $6.58.

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.