Edmond DE Rothschild Holding S.A. trimmed its holdings in Grupo Supervielle SA -ADR (NASDAQ:SUPV) by 59.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 71,700 shares of the company’s stock after selling 104,800 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Grupo Supervielle SA -ADR were worth $1,296,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Goldman Sachs Group Inc. grew its stake in Grupo Supervielle SA -ADR by 13.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,292,447 shares of the company’s stock valued at $21,971,000 after acquiring an additional 153,291 shares during the last quarter. Banco BTG Pactual S.A. acquired a new stake in Grupo Supervielle SA -ADR in the 1st quarter valued at about $1,112,000. Comerica Bank acquired a new stake in Grupo Supervielle SA -ADR in the 2nd quarter valued at about $1,901,000. William Blair Investment Management LLC acquired a new stake in Grupo Supervielle SA -ADR in the 2nd quarter valued at about $1,141,000. Finally, Artisan Partners Limited Partnership grew its stake in Grupo Supervielle SA -ADR by 0.8% in the 1st quarter. Artisan Partners Limited Partnership now owns 682,634 shares of the company’s stock valued at $11,605,000 after acquiring an additional 5,187 shares during the last quarter.
Shares of Grupo Supervielle SA -ADR (SUPV) opened at 22.63 on Friday. The company has a 50-day moving average of $21.38 and a 200-day moving average of $18.64. Grupo Supervielle SA -ADR has a 52 week low of $11.98 and a 52 week high of $22.73. The firm has a market capitalization of $8.23 billion and a PE ratio of 73.95.
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Separately, Bank of America Corporation reissued a “buy” rating and issued a $24.00 price objective (up from $17.00) on shares of Grupo Supervielle SA -ADR in a research note on Friday, July 14th.
Grupo Supervielle SA -ADR Company 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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