Grupo Supervielle S.A. (NYSE:SUPV) Receives Average Rating of “Hold” from Analysts

Grupo Supervielle S.A. (NYSE:SUPV) has earned an average rating of “Hold” from the seven brokerages that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $13.3333.

SUPV has been the topic of several research analyst reports. Wall Street Zen lowered shares of Grupo Supervielle from a “hold” rating to a “sell” rating in a research note on Saturday, December 13th. UBS Group assumed coverage on shares of Grupo Supervielle in a report on Wednesday, November 19th. They issued a “neutral” rating and a $13.00 price target for the company. Itau BBA Securities initiated coverage on shares of Grupo Supervielle in a report on Wednesday, December 10th. They issued an “outperform” rating and a $15.00 price target on the stock. JPMorgan Chase & Co. raised Grupo Supervielle from an “underweight” rating to a “neutral” rating and increased their price target for the stock from $5.00 to $12.00 in a research report on Tuesday, October 28th. Finally, Citigroup raised shares of Grupo Supervielle from a “neutral” rating to a “buy” rating in a report on Monday, November 3rd.

Grupo Supervielle Stock Performance

SUPV opened at $11.71 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.96 and a quick ratio of 0.96. The company has a 50 day simple moving average of $11.38 and a two-hundred day simple moving average of $9.44. The firm has a market cap of $1.03 billion, a P/E ratio of 97.57, a PEG ratio of 9.45 and a beta of 1.76. Grupo Supervielle has a 1-year low of $4.54 and a 1-year high of $19.75.

Grupo Supervielle (NYSE:SUPV) last issued its earnings results on Tuesday, November 25th. The company reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.46). Grupo Supervielle had a return on equity of 1.15% and a net margin of 0.69%.The firm had revenue of $178.38 million during the quarter, compared to the consensus estimate of $252.85 billion. Equities analysts forecast that Grupo Supervielle will post 1.5 earnings per share for the current fiscal year.

Institutional Trading of Grupo Supervielle

A number of hedge funds and other institutional investors have recently made changes to their positions in SUPV. Paradiem LLC grew its stake in shares of Grupo Supervielle by 13.8% in the fourth quarter. Paradiem LLC now owns 83,589 shares of the company’s stock worth $988,000 after acquiring an additional 10,155 shares in the last quarter. Verition Fund Management LLC raised its holdings in Grupo Supervielle by 264.3% during the third quarter. Verition Fund Management LLC now owns 532,789 shares of the company’s stock worth $2,637,000 after purchasing an additional 386,524 shares in the last quarter. Mak Capital One LLC grew 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 purchasing an additional 1,074,732 shares during the last quarter. Millennium Management LLC grew its stake in Grupo Supervielle by 7.0% during the 3rd quarter. Millennium Management LLC now owns 876,252 shares of the company’s stock worth $4,337,000 after buying an additional 57,040 shares during the last quarter. Finally, Centiva Capital LP purchased a new position in shares of Grupo Supervielle during the third quarter worth approximately $101,000.

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.