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

Grupo Supervielle S.A. (NYSE:SUPV) has earned an average rating of “Hold” from the seven research firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $13.00.

Several research firms have issued reports on SUPV. Wall Street Zen downgraded Grupo Supervielle from a “hold” rating to a “strong sell” rating in a report on Monday. Citigroup raised Grupo Supervielle from a “neutral” rating to a “buy” rating in a research note on Monday, November 3rd. Zacks Research lowered Grupo Supervielle from a “hold” rating to a “strong sell” rating in a research report on Tuesday. JPMorgan Chase & Co. dropped their price objective on Grupo Supervielle from $12.00 to $11.00 and set a “neutral” rating for the company in a report on Thursday, February 19th. Finally, Bank of America reaffirmed a “neutral” rating on shares of Grupo Supervielle in a research note on Wednesday, November 26th.

Grupo Supervielle Stock Performance

Grupo Supervielle stock opened at $9.89 on Friday. The stock has a 50-day simple moving average of $11.36 and a 200 day simple moving average of $9.61. The stock has a market capitalization of $865.87 million, a price-to-earnings ratio of 82.42, a P/E/G ratio of 14.85 and a beta of 1.71. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.38. Grupo Supervielle has a 12-month low of $4.54 and a 12-month high of $17.02.

Grupo Supervielle (NYSE:SUPV) last posted its quarterly earnings data on Tuesday, November 25th. The company reported ($0.43) earnings per share 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 company had revenue of $178.38 million during the quarter, compared to analyst estimates of $252.85 billion. On average, research analysts anticipate that Grupo Supervielle will post 1.5 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Grupo Supervielle

Hedge funds have recently added to or reduced their stakes in the stock. Titan Global Capital Management USA LLC boosted its holdings in Grupo Supervielle by 5.3% during the second quarter. Titan Global Capital Management USA LLC now owns 54,048 shares of the company’s stock worth $572,000 after buying an additional 2,711 shares during the last quarter. Wells Fargo & Company MN bought a new position in Grupo Supervielle during the 4th quarter worth approximately $55,000. Van ECK Associates Corp grew its holdings in Grupo Supervielle by 101.5% during the fourth quarter. Van ECK Associates Corp now owns 9,265 shares of the company’s stock valued at $110,000 after purchasing an additional 4,666 shares during the period. Insigneo Advisory Services LLC grew its holdings in Grupo Supervielle by 5.6% during the third quarter. Insigneo Advisory Services LLC now owns 101,363 shares of the company’s stock valued at $502,000 after purchasing an additional 5,361 shares during the period. Finally, Cetera Investment Advisers increased its stake in 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 purchasing an additional 6,000 shares in the last quarter.

Grupo Supervielle Company Profile

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.