Quantbot Technologies LP Acquires 19,602 Shares of Grupo Supervielle S.A. (NYSE:SUPV)

Quantbot Technologies LP raised its holdings in shares of Grupo Supervielle S.A. (NYSE:SUPV) by 212.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 28,807 shares of the company’s stock after acquiring an additional 19,602 shares during the period. Quantbot Technologies LP’s holdings in Grupo Supervielle were worth $205,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd bought a new position in Grupo Supervielle during the 3rd quarter worth approximately $145,000. Acadian Asset Management LLC boosted its position in shares of Grupo Supervielle by 563.5% during the second 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. Mak Capital One LLC grew its holdings in shares of Grupo Supervielle by 37.6% in the 2nd quarter. Mak Capital One LLC now owns 2,054,581 shares of the company’s stock valued at $13,930,000 after buying an additional 561,720 shares during the period. Ping Capital Management Inc. bought a new stake in shares of Grupo Supervielle in the 2nd quarter valued at $2,178,000. Finally, Caxton Associates LP raised its stake in Grupo Supervielle by 114.2% during the 2nd quarter. Caxton Associates LP now owns 102,518 shares of the company’s stock worth $695,000 after buying an additional 54,651 shares during the period.

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 for the company in a research note on Thursday, August 8th.

Grupo Supervielle Stock Performance

Shares of SUPV stock opened at $12.39 on Friday. Grupo Supervielle S.A. has a 52 week low of $3.33 and a 52 week high of $12.55. The company’s 50 day moving average price is $9.29 and its two-hundred day moving average price is $7.70.

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.