Mirae Asset Global Investments Co. Ltd. Has $1.26 Million Stake in Grupo Supervielle S.A. (NYSE:SUPV)

Mirae Asset Global Investments Co. Ltd. raised its holdings in Grupo Supervielle S.A. (NYSE:SUPV) by 44.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 310,085 shares of the company’s stock after buying an additional 95,697 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Grupo Supervielle were worth $1,259,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jump Financial LLC acquired a new stake in shares of Grupo Supervielle in the 3rd quarter valued at approximately $192,000. SG Americas Securities LLC acquired a new stake in Grupo Supervielle in the fourth quarter valued at $67,000. Finally, Quadrature Capital Ltd bought a new position in shares of Grupo Supervielle in the 3rd quarter valued at about $35,000.

Grupo Supervielle Stock Up 12.7 %

Shares of SUPV stock opened at $6.20 on Tuesday. Grupo Supervielle S.A. has a 52-week low of $1.76 and a 52-week high of $6.38. The firm’s 50-day moving average is $5.05 and its 200-day moving average is $3.84.

Grupo Supervielle (NYSE:SUPV) last released its quarterly earnings data on Wednesday, March 6th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08. Grupo Supervielle had a return on equity of 18.26% and a net margin of 3.94%. The firm had revenue of $385.72 million for the quarter. Sell-side analysts forecast that Grupo Supervielle S.A. will post 0.93 earnings per share for the current fiscal year.

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.