Capital World Investors Buys Shares of 254,926 Grupo Supervielle SA -ADR (SUPV)

Capital World Investors bought a new position in Grupo Supervielle SA -ADR (NASDAQ:SUPV) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 254,926 shares of the company’s stock, valued at approximately $4,609,000. Capital World Investors owned approximately 0.07% of Grupo Supervielle SA -ADR at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of SUPV. Morgan Stanley raised its holdings in shares of Grupo Supervielle SA -ADR by 62,844.2% in the 1st quarter. Morgan Stanley now owns 1,539,615 shares of the company’s stock worth $26,174,000 after buying an additional 1,537,169 shares in the last quarter. Newfoundland Capital Management raised its holdings in shares of Grupo Supervielle SA -ADR by 79.8% in the 1st quarter. Newfoundland Capital Management now owns 1,891,533 shares of the company’s stock worth $32,155,000 after buying an additional 839,387 shares in the last quarter. FMR LLC raised its holdings in shares of Grupo Supervielle SA -ADR by 38.5% in the 2nd quarter. FMR LLC now owns 973,956 shares of the company’s stock worth $17,609,000 after buying an additional 270,600 shares in the last quarter. Fiera Capital Corp acquired a new position in shares of Grupo Supervielle SA -ADR in the 2nd quarter worth approximately $4,816,000. Finally, Investec Asset Management LTD raised its holdings in shares of Grupo Supervielle SA -ADR by 212.1% in the 2nd quarter. Investec Asset Management LTD now owns 327,100 shares of the company’s stock worth $5,914,000 after buying an additional 222,300 shares in the last quarter.

A number of equities analysts have recently issued reports on the company. BidaskClub raised Grupo Supervielle SA -ADR from a “buy” rating to a “strong-buy” rating in a report on Tuesday, October 3rd. Bank of America Corporation reissued a “buy” rating and issued a $24.00 target price (up from $17.00) on shares of Grupo Supervielle SA -ADR in a report on Friday, July 14th. Finally, UBS AG increased their target price on Grupo Supervielle SA -ADR from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Thursday, September 21st.

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Shares of Grupo Supervielle SA -ADR (NASDAQ:SUPV) opened at 24.08 on Wednesday. Grupo Supervielle SA -ADR has a 12-month low of $11.98 and a 12-month high of $25.41. The company’s 50-day moving average price is $23.14 and its 200-day moving average price is $23.14. The firm has a market capitalization of $8.76 billion and a PE ratio of 78.44.

Grupo Supervielle SA -ADR Profile

Grupo Supervielle SA is an Argentina-based holding company primarily engaged in the financial sector. The Company provides services through numerous subsidiaries, such as Banco Supervielle SA, that offers bank services, mainly to individuals and commercial customers; Cordial Compania Financiera SA, which focuses on credit card issuing, as well as providing consumer loans and insurance for Wal-Mart Argentina customers; Tarjeta Automatica SA, which issues and administrates credit cards; Cordial Microfinanzas SA, that offers financing for urban micro-enterprises; Supervielle Seguros SA, which sells insurance products; Supervielle Asset Management Sociedad Gerente de FCI SA, which manages investment funds, and Espacio Cordial Servicios SA, that distributes audio and video equipment, computers, home appliance and air conditioning units, among others.

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Institutional Ownership by Quarter for Grupo Supervielle SA -ADR (NASDAQ:SUPV)

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