Grupo Supervielle S.A. (NYSE:SUPV) Receives Average Rating of “Hold” from Analysts

Grupo Supervielle S.A. (NYSE:SUPV) has been given a consensus rating of “Hold” by the seven analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $13.3333.

Several research firms have weighed in on SUPV. Wall Street Zen raised shares of Grupo Supervielle from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Bank of America reissued a “neutral” rating on shares of Grupo Supervielle in a research report on Wednesday, November 26th. Itau BBA Securities started coverage on Grupo Supervielle in a research report on Wednesday, December 10th. They set an “outperform” rating and a $15.00 price objective for the company. UBS Group assumed coverage on shares of Grupo Supervielle in a research note on Wednesday, November 19th. They issued a “neutral” rating and a $13.00 price objective for the company. Finally, Weiss Ratings downgraded Grupo Supervielle from a “hold (c-)” rating to a “sell (d)” rating in a research note on Tuesday, January 20th.

Grupo Supervielle Stock Performance

Shares of SUPV opened at $12.20 on Monday. Grupo Supervielle has a 12 month low of $4.54 and a 12 month high of $17.08. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of 101.68, a PEG ratio of 9.61 and a beta of 1.71. The stock has a 50 day moving average of $11.40 and a 200 day moving average of $9.53. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.38.

Grupo Supervielle (NYSE:SUPV) last issued its earnings results on Tuesday, November 25th. The company reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.46). Grupo Supervielle had a net margin of 0.69% and a return on equity of 1.15%. The firm had revenue of $178.38 million during the quarter, compared to the consensus estimate of $252.85 billion. As a group, sell-side analysts forecast that Grupo Supervielle will post 1.5 earnings per share for the current year.

Hedge Funds Weigh In On Grupo Supervielle

Large investors have recently made changes to their positions in the business. Sparta 24 Ltd. purchased a new position in Grupo Supervielle during the 2nd quarter worth approximately $27,000. LJI Wealth Management LLC acquired a new position in shares of Grupo Supervielle during the 3rd quarter valued at about $57,000. Schonfeld Strategic Advisors LLC purchased a new stake in Grupo Supervielle in the 3rd quarter valued at about $91,000. Centiva Capital LP acquired a new stake in shares of Grupo Supervielle in the third quarter valued at $101,000. Finally, Cetera Investment Advisers raised its stake in shares of Grupo Supervielle by 29.3% in the second quarter. Cetera Investment Advisers now owns 26,500 shares of the company’s stock valued at $281,000 after acquiring an additional 6,000 shares in the last quarter.

About Grupo Supervielle

Grupo Supervielle (NYSE: SUPV) is a diversified Argentine financial services holding company headquartered in Buenos Aires. Through its principal subsidiary, Banco Supervielle, the group offers retail and commercial banking products including checking and savings accounts, consumer and corporate loans, credit and debit cards, treasury services and foreign exchange solutions. These services cater to individual customers, small and medium-sized enterprises and larger corporates throughout Argentina’s provincial and urban centers.

Beyond traditional banking, Grupo Supervielle operates in insurance and asset management.