Sparta 24 Ltd. Acquires Shares of 145,075 Grupo Supervielle S.A. (NYSE:SUPV)

Sparta 24 Ltd. acquired a new stake in shares of Grupo Supervielle S.A. (NYSE:SUPV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 145,075 shares of the company’s stock, valued at approximately $2,192,000. Grupo Supervielle comprises about 2.7% of Sparta 24 Ltd.’s portfolio, making the stock its 4th largest holding. Sparta 24 Ltd. owned about 0.16% of Grupo Supervielle as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SUPV. GAMMA Investing LLC boosted its holdings in Grupo Supervielle by 151.4% in the fourth quarter. GAMMA Investing LLC now owns 7,221 shares of the company’s stock valued at $109,000 after acquiring an additional 4,349 shares in the last quarter. Centiva Capital LP purchased a new stake in shares of Grupo Supervielle in the 3rd quarter worth about $127,000. Koshinski Asset Management Inc. purchased a new stake in shares of Grupo Supervielle in the 4th quarter worth about $289,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Grupo Supervielle during the 3rd quarter valued at about $145,000. Finally, Quantbot Technologies LP increased its position in shares of Grupo Supervielle by 212.9% during the third quarter. Quantbot Technologies LP now owns 28,807 shares of the company’s stock valued at $205,000 after buying an additional 19,602 shares during the period.

Analyst Upgrades and Downgrades

Several brokerages have commented on SUPV. JPMorgan Chase & Co. upgraded shares of Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 price objective for the company in a report on Thursday, December 12th. Morgan Stanley raised Grupo Supervielle from an “underweight” rating to an “overweight” rating and set a $19.00 target price for the company in a research report on Monday, December 16th.

Grupo Supervielle Stock Down 6.3 %

Shares of Grupo Supervielle stock opened at $16.82 on Tuesday. Grupo Supervielle S.A. has a 1 year low of $3.65 and a 1 year high of $19.75. The firm has a market cap of $1.49 billion, a price-to-earnings ratio of 23.37 and a beta of 1.96. The company has a 50-day moving average of $14.21 and a 200 day moving average of $9.79. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.86 and a quick ratio of 0.86.

About Grupo Supervielle

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.