Grupo Supervielle S.A. (SUPV) – What Are Investment Firms Thinking About This Stock?

Grupo Supervielle S.A. (NYSE:SUPV) has received a consensus recommendation of “Hold” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $13.17.

SUPV has been the topic of a number of research analyst reports. UBS Group dropped their price target on Grupo Supervielle from $13.00 to $11.50 and set a “neutral” rating on the stock in a research note on Friday, July 10th. Weiss Ratings restated a “sell (d)” rating on shares of Grupo Supervielle in a report on Tuesday, October 13th. Finally, Zacks Research raised shares of Grupo Supervielle from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 9th.

Grupo Supervielle Stock Down 1.3%

Grupo Supervielle stock opened at $6.00 on Wednesday. The business has a fifty day moving average price of $7.65 and a 200-day moving average price of $9.04. Grupo Supervielle has a 1-year low of $5.90 and a 1-year high of $13.25. The stock has a market capitalization of $525.56 million, a price-to-earnings ratio of -9.53 and a beta of 1.64. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92.

Grupo Supervielle (NYSE:SUPV) last released its quarterly earnings results on Tuesday, June 30th. The company reported $0.10 EPS for the quarter. Grupo Supervielle had a negative return on equity of 2.67% and a negative net margin of 3.60%. The company had revenue of $233.55 million during the quarter. Equities research analysts forecast that Grupo Supervielle will post 0.44 EPS for the current fiscal year.

Institutional Trading of Grupo Supervielle

Several large investors have recently bought and sold shares of SUPV. Engineers Gate Manager LP increased its stake in Grupo Supervielle by 96.4% during the 2nd quarter. Engineers Gate Manager LP now owns 92,343 shares of the company’s stock valued at $892,000 after purchasing an additional 45,325 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Grupo Supervielle by 285.5% in the first quarter. Bank of America Corp DE now owns 19,397 shares of the company’s stock worth $183,000 after buying an additional 14,365 shares during the last quarter. Finally, Titan Global Capital Management USA LLC lifted its stake in shares of Grupo Supervielle by 5.7% during the first quarter. Titan Global Capital Management USA LLC now owns 96,768 shares of the company’s stock worth $912,000 after buying an additional 5,245 shares during the period.

Grupo Supervielle Company Profile

Grupo Supervielle SA is an Argentine financial services holding company whose principal subsidiary is Banco Supervielle SA The group provides banking and related financial products to individuals, small and medium-sized businesses, corporations, and other institutional customers, primarily in Argentina.

Through its businesses, Grupo Supervielle offers savings and checking accounts, deposits, consumer and commercial lending, mortgages, credit and debit cards, electronic banking, payment services, and treasury products.