Grupo Supervielle (NYSE:SUPV) Downgraded to “Sell” Rating by Wall Street Zen

Grupo Supervielle (NYSE:SUPV) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Several other analysts have also recently weighed in on SUPV. Zacks Research raised Grupo Supervielle from a “strong sell” rating to a “hold” rating in a report on Monday, November 24th. Itau BBA Securities started coverage on shares of Grupo Supervielle in a research note on Wednesday. They set an “outperform” rating and a $15.00 price target for the company. Weiss Ratings restated a “hold (c-)” rating on shares of Grupo Supervielle in a report on Monday. Citigroup raised shares of Grupo Supervielle from a “neutral” rating to a “buy” rating in a report on Monday, November 3rd. Finally, Bank of America reissued a “neutral” rating on shares of Grupo Supervielle in a research note on Wednesday, November 26th. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $14.75.

Grupo Supervielle Stock Up 1.0%

NYSE:SUPV opened at $11.03 on Friday. The stock’s fifty day moving average price is $9.61 and its two-hundred day moving average price is $9.49. Grupo Supervielle has a 52-week low of $4.54 and a 52-week high of $19.75. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market cap of $965.94 million, a price-to-earnings ratio of 91.95, a P/E/G ratio of 40.15 and a beta of 1.76.

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

Hedge Funds Weigh In On Grupo Supervielle

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Mak Capital One LLC grew its holdings in shares of Grupo Supervielle by 36.7% in the 3rd quarter. Mak Capital One LLC now owns 4,000,000 shares of the company’s stock valued at $19,800,000 after buying an additional 1,074,732 shares during the period. PointState Capital LP lifted its holdings in Grupo Supervielle by 30.1% during the first quarter. PointState Capital LP now owns 2,467,243 shares of the company’s stock worth $32,222,000 after acquiring an additional 570,523 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Grupo Supervielle by 16.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,634,873 shares of the company’s stock valued at $21,351,000 after acquiring an additional 225,486 shares during the period. Sparta 24 Ltd. grew its stake in Grupo Supervielle by 39,572.6% in the third quarter. Sparta 24 Ltd. now owns 1,002,526 shares of the company’s stock valued at $4,963,000 after acquiring an additional 999,999 shares during the period. Finally, Millennium Management LLC increased its holdings in shares of Grupo Supervielle by 7.0% in the third quarter. Millennium Management LLC now owns 876,252 shares of the company’s stock worth $4,337,000 after acquiring an additional 57,040 shares in the last quarter.

About Grupo Supervielle

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.