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

Shares of Grupo Supervielle S.A. (NYSE:SUPV) have earned an average rating of “Hold” from the seven ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $13.00.

SUPV has been the topic of several recent research reports. Zacks Research upgraded shares of Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 7th. Wall Street Zen upgraded shares of Grupo Supervielle from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Weiss Ratings restated a “sell (d)” rating on shares of Grupo Supervielle in a research report on Friday, April 17th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Grupo Supervielle from $12.00 to $11.00 and set a “neutral” rating on the stock in a research report on Thursday, February 19th.

Grupo Supervielle Stock Performance

SUPV opened at $9.37 on Friday. The business’s 50 day moving average is $8.93 and its 200-day moving average is $10.06. The stock has a market cap of $820.34 million, a PE ratio of -15.88 and a beta of 1.57. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.65. Grupo Supervielle has a twelve month low of $4.54 and a twelve month high of $13.55.

Grupo Supervielle (NYSE:SUPV) last announced its earnings results on Sunday, February 15th. The company reported ($0.03) EPS for the quarter. Grupo Supervielle had a negative return on equity of 4.40% and a negative net margin of 3.46%.The firm had revenue of $145.40 million for the quarter. On average, analysts predict that Grupo Supervielle will post 0.61 earnings per share for the current year.

Hedge Funds Weigh In On Grupo Supervielle

Several institutional investors and hedge funds have recently added to or reduced their stakes in SUPV. Wells Fargo & Company MN purchased a new position in Grupo Supervielle during the 4th quarter worth approximately $55,000. Schonfeld Strategic Advisors LLC purchased a new position in Grupo Supervielle during the 3rd quarter worth approximately $91,000. Centiva Capital LP purchased a new position in Grupo Supervielle during the 3rd quarter worth approximately $101,000. Van ECK Associates Corp grew its position in Grupo Supervielle by 101.5% during the 4th quarter. Van ECK Associates Corp now owns 9,265 shares of the company’s stock worth $110,000 after purchasing an additional 4,666 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in Grupo Supervielle during the 3rd quarter worth approximately $164,000.

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.