Grupo Supervielle (NYSE:SUPV) Reaches New 1-Year High at $6.90

Grupo Supervielle S.A. (NYSE:SUPV)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $6.90 and last traded at $6.87, with a volume of 2137936 shares trading hands. The stock had previously closed at $6.51.

Grupo Supervielle Stock Performance

The company has a 50-day moving average of $5.46 and a 200 day moving average of $4.12.

Grupo Supervielle (NYSE:SUPV) last issued its quarterly earnings results on Wednesday, March 6th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. The firm had revenue of $385.72 million during the quarter. Grupo Supervielle had a return on equity of 14.44% and a net margin of 3.94%. As a group, equities research analysts predict that Grupo Supervielle S.A. will post 0.93 EPS for the current year.

Hedge Funds Weigh In On Grupo Supervielle

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets lifted its holdings in shares of Grupo Supervielle by 1,262.1% during the 1st quarter. BNP Paribas Financial Markets now owns 17,735 shares of the company’s stock worth $101,000 after acquiring an additional 16,433 shares during the last quarter. Quadrature Capital Ltd lifted its stake in Grupo Supervielle by 162.4% during the fourth quarter. Quadrature Capital Ltd now owns 41,080 shares of the company’s stock worth $168,000 after purchasing an additional 25,425 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Grupo Supervielle by 44.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 310,085 shares of the company’s stock worth $1,259,000 after purchasing an additional 95,697 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Grupo Supervielle in the 4th quarter worth about $67,000. Finally, Jump Financial LLC bought a new position in shares of Grupo Supervielle during the 3rd quarter valued at about $192,000.

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.