Grupo Supervielle (NYSE:SUPV) Cut to “Sell” at Wall Street Zen

Wall Street Zen lowered shares of Grupo Supervielle (NYSE:SUPV) from a hold rating to a sell rating in a research note issued to investors on Saturday.

Several other analysts have also recently weighed in on SUPV. Weiss Ratings cut Grupo Supervielle from a “hold (c-)” rating to a “sell (d)” rating in a research report on Tuesday, January 20th. JPMorgan Chase & Co. upgraded Grupo Supervielle from an “underweight” rating to a “neutral” rating and lifted their price target for the company from $5.00 to $12.00 in a research report on Tuesday, October 28th. UBS Group began coverage on Grupo Supervielle in a report on Wednesday, November 19th. They issued a “neutral” rating and a $13.00 price objective for the company. Citigroup raised Grupo Supervielle from a “neutral” rating to a “buy” rating in a research report on Monday, November 3rd. Finally, Zacks Research raised shares of Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $13.33.

Grupo Supervielle Stock Up 6.9%

Shares of Grupo Supervielle stock opened at $11.77 on Friday. The company has a current ratio of 0.96, a quick 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 market cap of $1.03 billion, a P/E ratio of 98.09, a PEG ratio of 12.40 and a beta of 1.71. The company’s fifty day simple moving average is $11.46 and its two-hundred day simple moving average is $9.59.

Grupo Supervielle (NYSE:SUPV) last announced its earnings results on Tuesday, November 25th. The company reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.46). Grupo Supervielle had a net margin of 0.69% and a return on equity of 1.15%. The company had revenue of $178.38 million for the quarter, compared to the consensus estimate of $252.85 billion. Research 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 have recently bought and sold shares of the company. Mak Capital One LLC grew its position in Grupo Supervielle by 36.7% during the 3rd quarter. Mak Capital One LLC now owns 4,000,000 shares of the company’s stock valued at $19,800,000 after purchasing an additional 1,074,732 shares during the last quarter. Sparta 24 Ltd. increased its position in shares of Grupo Supervielle by 39,572.6% during 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 in the last quarter. Millennium Management LLC raised its holdings in Grupo Supervielle by 7.0% in the 3rd 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 during the last quarter. UBS Group AG lifted its position in Grupo Supervielle by 38.4% in the 4th quarter. UBS Group AG now owns 785,432 shares of the company’s stock valued at $9,284,000 after acquiring an additional 218,039 shares in the last quarter. Finally, Jump Financial LLC boosted its stake in Grupo Supervielle by 339.2% during the 3rd quarter. Jump Financial LLC now owns 580,486 shares of the company’s stock valued at $2,873,000 after purchasing an additional 448,330 shares during the last quarter.

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.