Eurizon Capital SGR S.p.A. Purchases Shares of 105,175 Grupo Supervielle S.A. $SUPV

Eurizon Capital SGR S.p.A. bought a new position in shares of Grupo Supervielle S.A. (NYSE:SUPV) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 105,175 shares of the company’s stock, valued at approximately $1,243,000. Eurizon Capital SGR S.p.A. owned 0.12% of Grupo Supervielle as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in SUPV. Schonfeld Strategic Advisors LLC bought a new stake in shares of Grupo Supervielle in the third quarter valued at about $91,000. Centiva Capital LP bought a new stake in shares of Grupo Supervielle in the third quarter valued at approximately $101,000. Quantbot Technologies LP acquired a new stake in Grupo Supervielle during the third quarter worth approximately $164,000. Bank of America Corp DE increased its stake in Grupo Supervielle by 551.6% during the 3rd quarter. Bank of America Corp DE now owns 44,965 shares of the company’s stock worth $223,000 after acquiring an additional 38,064 shares during the period. Finally, Cetera Investment Advisers increased its stake in Grupo Supervielle by 29.3% during the 2nd quarter. Cetera Investment Advisers now owns 26,500 shares of the company’s stock worth $281,000 after acquiring an additional 6,000 shares during the period.

Grupo Supervielle Stock Performance

Grupo Supervielle stock opened at $10.01 on Wednesday. Grupo Supervielle S.A. has a 12-month low of $4.54 and a 12-month high of $13.55. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.65. The business’s 50-day moving average price is $8.85 and its two-hundred day moving average price is $10.10. The stock has a market cap of $876.11 million, a PE ratio of -16.96 and a beta of 1.57.

Grupo Supervielle (NYSE:SUPV) last posted 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 company had revenue of $145.40 million during the quarter. As a group, analysts expect that Grupo Supervielle S.A. will post 0.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SUPV. Zacks Research upgraded Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. decreased their price target on Grupo Supervielle from $12.00 to $11.00 and set a “neutral” rating on the stock in a research report on Thursday, February 19th. Wall Street Zen raised shares of Grupo Supervielle from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Grupo Supervielle in a research note on Friday, April 17th. Two research 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. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $13.00.

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.