Grupo Supervielle S.A. (NYSE:SUPV) Shares Sold by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. trimmed its stake in shares of Grupo Supervielle S.A. (NYSE:SUPV) by 29.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,129 shares of the company’s stock after selling 21,638 shares during the quarter. Balyasny Asset Management L.P.’s holdings in Grupo Supervielle were worth $773,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SUPV. Arrowstreet Capital Limited Partnership grew its holdings in Grupo Supervielle by 5.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,468,764 shares of the company’s stock worth $22,193,000 after acquiring an additional 75,129 shares in the last quarter. Pictet Asset Management Holding SA grew its stake in shares of Grupo Supervielle by 6.0% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,227,122 shares of the company’s stock worth $18,542,000 after purchasing an additional 69,197 shares in the last quarter. RWC Asset Management LLP acquired a new stake in Grupo Supervielle in the fourth quarter valued at $11,251,000. JPMorgan Chase & Co. raised its stake in Grupo Supervielle by 12.2% in the fourth quarter. JPMorgan Chase & Co. now owns 420,286 shares of the company’s stock valued at $6,351,000 after buying an additional 45,771 shares in the last quarter. Finally, Jump Financial LLC boosted its position in shares of Grupo Supervielle by 8.0% during the 4th quarter. Jump Financial LLC now owns 190,813 shares of the company’s stock worth $2,883,000 after acquiring an additional 14,082 shares in the last quarter.

Grupo Supervielle Stock Down 0.6%

SUPV opened at $15.85 on Thursday. The business has a 50 day simple moving average of $14.02 and a 200-day simple moving average of $13.96. Grupo Supervielle S.A. has a 12 month low of $5.00 and a 12 month high of $19.75. The stock has a market capitalization of $1.40 billion, a P/E ratio of 22.01 and a beta of 1.93. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.86 and a quick ratio of 0.86.

Grupo Supervielle Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th will be issued a $0.187 dividend. This is a positive change from Grupo Supervielle’s previous annual dividend of $0.16. The ex-dividend date is Monday, May 19th. This represents a yield of 1.18%. Grupo Supervielle’s dividend payout ratio is 19.23%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Grupo Supervielle from a “hold” rating to a “sell” rating in a research note on Monday.

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.