Wall Street Zen Upgrades Grupo Supervielle (NYSE:SUPV) to “Hold”

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

Several other research analysts also recently commented on the company. Zacks Research downgraded Grupo Supervielle from a “hold” rating to a “strong sell” rating in a research note on Tuesday, December 23rd. Citigroup raised shares of Grupo Supervielle from a “neutral” rating to a “buy” rating in a report on Monday, November 3rd. JPMorgan Chase & Co. upgraded shares of Grupo Supervielle from an “underweight” rating to a “neutral” rating and increased their target price for the company from $5.00 to $12.00 in a research report on Tuesday, October 28th. Itau BBA Securities started coverage on shares of Grupo Supervielle in a research note on Wednesday, December 10th. They issued an “outperform” rating and a $15.00 price target on the stock. Finally, UBS Group began coverage on shares of Grupo Supervielle in a research note on Wednesday, November 19th. They set a “neutral” rating and a $13.00 price objective for the company. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Grupo Supervielle has an average rating of “Hold” and an average price target of $13.33.

Grupo Supervielle Stock Up 1.4%

SUPV opened at $10.71 on Friday. The company has a market cap of $937.75 million, a PE ratio of 89.27, a price-to-earnings-growth ratio of 8.43 and a beta of 1.76. Grupo Supervielle has a twelve month low of $4.54 and a twelve month high of $18.14. The company has a 50-day moving average price of $11.27 and a 200 day moving average price of $9.44. 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 (NYSE:SUPV) last posted its quarterly earnings data on Tuesday, November 25th. The company reported ($0.43) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.46). The firm had revenue of $178.38 million for 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%. Sell-side analysts expect that Grupo Supervielle will post 1.5 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Grupo Supervielle

Hedge funds have recently modified their holdings of the company. Sparta 24 Ltd. purchased a new position in Grupo Supervielle during the second quarter worth about $27,000. LJI Wealth Management LLC acquired a new stake in shares of Grupo Supervielle during the 3rd quarter worth approximately $57,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Grupo Supervielle during the 3rd quarter worth approximately $91,000. Centiva Capital LP purchased a new stake in shares of Grupo Supervielle during the 3rd quarter valued at approximately $101,000. Finally, Cetera Investment Advisers lifted its holdings 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 acquiring an additional 6,000 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.