Grupo Supervielle (NYSE:SUPV) Upgraded by Wall Street Zen to “Hold” Rating

Grupo Supervielle (NYSE:SUPV) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Sunday.

Several other analysts also recently weighed in on SUPV. Weiss Ratings downgraded shares of Grupo Supervielle from a “hold (c-)” rating to a “sell (d)” rating in a research report on Tuesday, January 20th. Citigroup upgraded shares of Grupo Supervielle from a “neutral” rating to a “buy” rating in a report on Monday, November 3rd. Itau BBA Securities assumed coverage on shares of Grupo Supervielle in a research note on Wednesday, December 10th. They set an “outperform” rating and a $15.00 price objective for the company. UBS Group initiated coverage on Grupo Supervielle in a research report on Wednesday, November 19th. They set a “neutral” rating and a $13.00 price target on the stock. Finally, Zacks Research raised shares of Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $13.33.

Grupo Supervielle Stock Down 2.1%

SUPV opened at $10.53 on Friday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.38. The company has a market cap of $921.64 million, a PE ratio of 87.73, a P/E/G ratio of 11.85 and a beta of 1.71. The business has a 50 day moving average price of $11.46 and a two-hundred day moving average price of $9.62. Grupo Supervielle has a 52 week low of $4.54 and a 52 week high of $17.02.

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

Institutional Investors Weigh In On Grupo Supervielle

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sparta 24 Ltd. acquired a new position in Grupo Supervielle during the second quarter worth approximately $27,000. Titan Global Capital Management USA LLC boosted its stake in shares of Grupo Supervielle by 5.3% in the second quarter. Titan Global Capital Management USA LLC now owns 54,048 shares of the company’s stock valued at $572,000 after buying an additional 2,711 shares during the period. Wells Fargo & Company MN acquired a new stake in shares of Grupo Supervielle during the 4th quarter worth $55,000. Van ECK Associates Corp increased its holdings in Grupo Supervielle by 101.5% in the 4th quarter. Van ECK Associates Corp now owns 9,265 shares of the company’s stock valued at $110,000 after buying an additional 4,666 shares during the period. Finally, Insigneo Advisory Services LLC lifted its stake in Grupo Supervielle by 5.6% during the third quarter. Insigneo Advisory Services LLC now owns 101,363 shares of the company’s stock worth $502,000 after purchasing an additional 5,361 shares during 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.