Long Focus Capital Management LLC Has $3.19 Million Position in Grupo Supervielle S.A. (NYSE:SUPV)

Long Focus Capital Management LLC lessened its position in Grupo Supervielle S.A. (NYSE:SUPV) by 27.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 470,689 shares of the company’s stock after selling 175,000 shares during the quarter. Long Focus Capital Management LLC’s holdings in Grupo Supervielle were worth $3,191,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Mak Capital One LLC lifted its position in shares of Grupo Supervielle by 37.6% in the second quarter. Mak Capital One LLC now owns 2,054,581 shares of the company’s stock worth $13,930,000 after purchasing an additional 561,720 shares in the last quarter. Ping Capital Management Inc. acquired a new position in shares of Grupo Supervielle during the 2nd quarter worth approximately $2,178,000. Acadian Asset Management LLC raised its stake in shares of Grupo Supervielle by 563.5% during the 2nd quarter. Acadian Asset Management LLC now owns 201,552 shares of the company’s stock worth $1,366,000 after purchasing an additional 171,173 shares in the last quarter. Caxton Associates LP boosted its holdings in shares of Grupo Supervielle by 114.2% in the 2nd quarter. Caxton Associates LP now owns 102,518 shares of the company’s stock valued at $695,000 after buying an additional 54,651 shares during the last quarter. Finally, Quadrature Capital Ltd grew its stake in shares of Grupo Supervielle by 162.4% in the fourth quarter. Quadrature Capital Ltd now owns 41,080 shares of the company’s stock valued at $168,000 after buying an additional 25,425 shares in the last quarter.

Analyst Ratings Changes

Separately, Bank of America upgraded shares of Grupo Supervielle from an “underperform” rating to a “neutral” rating and set a $7.00 price target for the company in a research note on Thursday, August 8th.

Grupo Supervielle Stock Down 2.1 %

Shares of Grupo Supervielle stock opened at $7.43 on Friday. The business has a fifty day simple moving average of $7.08 and a two-hundred day simple moving average of $6.58. Grupo Supervielle S.A. has a 1 year low of $1.76 and a 1 year high of $8.74.

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.