Grupo Supervielle (NYSE:SUPV) Cut to “Sell” at Wall Street Zen

Grupo Supervielle (NYSE:SUPV) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

A number of other equities research analysts have also weighed in on SUPV. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Supervielle in a report on Wednesday, October 8th. JPMorgan Chase & Co. raised shares of Grupo Supervielle from an “underweight” rating to a “neutral” rating and boosted their price objective for the company from $5.00 to $12.00 in a report on Tuesday. Finally, Citigroup lowered shares of Grupo Supervielle from a “buy” rating to a “neutral” rating in a report on Wednesday, September 10th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $15.50.

Grupo Supervielle Price Performance

Shares of SUPV opened at $12.54 on Friday. The firm has a market capitalization of $1.11 billion, a PE ratio of 19.00, a price-to-earnings-growth ratio of 23.32 and a beta of 1.56. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.96 and a quick ratio of 0.96. Grupo Supervielle has a 1-year low of $4.54 and a 1-year high of $19.75. The company’s fifty day moving average price is $6.72 and its 200-day moving average price is $10.38.

Grupo Supervielle (NYSE:SUPV) last announced its quarterly earnings data on Wednesday, August 13th. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.08). The company had revenue of $210.52 million for the quarter, compared to analysts’ expectations of $283.67 billion. Grupo Supervielle had a net margin of 4.08% and a return on equity of 6.82%. On average, equities research analysts predict that Grupo Supervielle will post 1.5 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sparta 24 Ltd. acquired a new position in Grupo Supervielle during the second quarter valued at $27,000. GAMMA Investing LLC raised its position in shares of Grupo Supervielle by 10.2% in the first quarter. GAMMA Investing LLC now owns 7,958 shares of the company’s stock worth $104,000 after acquiring an additional 737 shares during the period. LJI Wealth Management LLC acquired a new position in shares of Grupo Supervielle in the third quarter worth about $57,000. Cetera Investment Advisers acquired a new position in shares of Grupo Supervielle in the first quarter worth about $268,000. Finally, Itau Unibanco Holding S.A. acquired a new position in shares of Grupo Supervielle in the first quarter worth about $357,000.

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.