Grupo Supervielle S.A. (NYSE:SUPV) Given Average Recommendation of “Hold” by Analysts

Grupo Supervielle S.A. (NYSE:SUPV) has been given an average recommendation of “Hold” by the seven brokerages that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $13.00.

A number of equities analysts recently commented on SUPV shares. Zacks Research upgraded Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research note 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 for the company in a research note on Thursday, February 19th. Wall Street Zen upgraded Grupo Supervielle from a “sell” rating to a “hold” rating in a research note 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.

Grupo Supervielle Stock Down 2.3%

Shares of Grupo Supervielle stock opened at $9.37 on Friday. The business has a 50-day moving average of $8.93 and a 200-day moving average of $10.06. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market capitalization of $820.34 million, a PE ratio of -15.88 and a beta of 1.57. Grupo Supervielle has a 1-year low of $4.54 and a 1-year high of $13.55.

Grupo Supervielle (NYSE:SUPV) last announced its earnings results on Sunday, February 15th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $145.40 million for the quarter. Grupo Supervielle had a negative net margin of 3.46% and a negative return on equity of 4.40%. As a group, equities analysts forecast that Grupo Supervielle will post 0.61 EPS for the current fiscal year.

Hedge Funds Weigh In On Grupo Supervielle

A number of large investors have recently bought and sold shares of SUPV. Mak Capital One LLC lifted its holdings in Grupo Supervielle by 36.7% in the third quarter. Mak Capital One LLC now owns 4,000,000 shares of the company’s stock worth $19,800,000 after acquiring an additional 1,074,732 shares during the last quarter. PointState Capital LP raised its holdings in shares of Grupo Supervielle by 81.5% during the fourth quarter. PointState Capital LP now owns 1,519,056 shares of the company’s stock valued at $17,955,000 after buying an additional 682,294 shares during the last quarter. Jump Financial LLC raised its holdings in shares of Grupo Supervielle by 339.2% during the third quarter. Jump Financial LLC now owns 580,486 shares of the company’s stock valued at $2,873,000 after buying an additional 448,330 shares during the last quarter. RWC Asset Management LLP raised its holdings in shares of Grupo Supervielle by 58.3% during the fourth quarter. RWC Asset Management LLP now owns 1,178,894 shares of the company’s stock valued at $13,935,000 after buying an additional 434,285 shares during the last quarter. Finally, Verition Fund Management LLC raised its holdings in shares of Grupo Supervielle by 264.3% during the third quarter. Verition Fund Management LLC now owns 532,789 shares of the company’s stock valued at $2,637,000 after buying an additional 386,524 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.