Grupo Supervielle S.A. (NYSE:SUPV) Receives $13.00 Consensus PT from Brokerages

Shares of Grupo Supervielle S.A. (NYSE:SUPV) have been assigned a consensus rating of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $13.00.

Several research firms recently commented on SUPV. Itau BBA Securities started coverage on Grupo Supervielle in a research report on Wednesday, December 10th. They set an “outperform” rating and a $15.00 target price for the company. 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 research note on Thursday, February 19th. Zacks Research cut Grupo Supervielle from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 24th. Wall Street Zen upgraded shares of Grupo Supervielle from a “sell” rating to a “hold” rating in a research note on Sunday, March 15th. Finally, Weiss Ratings lowered shares of Grupo Supervielle from a “hold (c-)” rating to a “sell (d)” rating in a report on Tuesday, January 20th.

Institutional Trading of Grupo Supervielle

Large investors have recently added to or reduced their stakes in the company. Mak Capital One LLC increased its holdings in shares of Grupo Supervielle by 36.7% during the third quarter. Mak Capital One LLC now owns 4,000,000 shares of the company’s stock worth $19,800,000 after buying an additional 1,074,732 shares in the last quarter. PointState Capital LP boosted its holdings in shares of Grupo Supervielle by 81.5% in the 4th quarter. PointState Capital LP now owns 1,519,056 shares of the company’s stock worth $17,955,000 after acquiring an additional 682,294 shares in the last quarter. RWC Asset Management LLP grew its position in Grupo Supervielle by 58.3% during the 4th quarter. RWC Asset Management LLP now owns 1,178,894 shares of the company’s stock worth $13,935,000 after acquiring an additional 434,285 shares during the last quarter. Sparta 24 Ltd. grew its position in Grupo Supervielle by 39,572.6% during the 3rd quarter. Sparta 24 Ltd. now owns 1,002,526 shares of the company’s stock worth $4,963,000 after acquiring an additional 999,999 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in Grupo Supervielle by 7.0% during the 3rd quarter. Millennium Management LLC now owns 876,252 shares of the company’s stock valued at $4,337,000 after purchasing an additional 57,040 shares in the last quarter.

Grupo Supervielle Stock Down 4.4%

Shares of SUPV opened at $8.30 on Tuesday. The stock has a market cap of $726.31 million, a price-to-earnings ratio of -23.04 and a beta of 1.76. 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. The company has a 50-day moving average price of $10.07 and a two-hundred day moving average price of $9.61.

Grupo Supervielle (NYSE:SUPV) last released its quarterly earnings data on Sunday, February 15th. The company reported ($0.03) earnings per share for the quarter. Grupo Supervielle had a negative net margin of 2.18% and a negative return on equity of 3.88%. The company had revenue of $145.40 million for the quarter. Equities analysts predict that Grupo Supervielle will post 1.5 EPS for the current fiscal year.

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.