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

Grupo Supervielle S.A. (NYSE:SUPV) has been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $13.1667.

Several analysts recently commented on SUPV shares. JPMorgan Chase & Co. raised their target price on Grupo Supervielle from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Zacks Research upgraded Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 7th. UBS Group lowered their price target on shares of Grupo Supervielle from $13.00 to $11.50 and set a “neutral” rating on the stock in a research report on Friday, July 10th. Wall Street Zen raised Grupo Supervielle from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Grupo Supervielle in a research note on Wednesday, July 15th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Bank of America Corp DE grew its position in Grupo Supervielle by 285.5% during the 1st quarter. Bank of America Corp DE now owns 19,397 shares of the company’s stock worth $183,000 after purchasing an additional 14,365 shares during the last quarter. Titan Global Capital Management USA LLC raised its holdings in Grupo Supervielle by 5.7% during the first quarter. Titan Global Capital Management USA LLC now owns 96,768 shares of the company’s stock worth $912,000 after purchasing an additional 5,245 shares during the last quarter. Deltec Asset Management LLC purchased a new position in Grupo Supervielle during the 1st quarter valued at about $438,000. PointState Capital LP boosted its stake 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 acquiring an additional 682,294 shares during the last quarter. Finally, State of Wisconsin Investment Board purchased a new position in shares of Grupo Supervielle during the fourth quarter valued at approximately $1,192,000.

Grupo Supervielle Price Performance

SUPV opened at $7.64 on Friday. The business’s 50-day moving average is $9.51 and its two-hundred day moving average is $9.38. Grupo Supervielle has a 1 year low of $4.54 and a 1 year high of $13.55. 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 firm has a market capitalization of $668.88 million, a PE ratio of -12.13 and a beta of 1.60.

Grupo Supervielle (NYSE:SUPV) last announced its earnings results on Tuesday, June 30th. The company reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $233.55 million for the quarter. Grupo Supervielle had a negative return on equity of 2.71% and a negative net margin of 3.60%. Research analysts anticipate that Grupo Supervielle will post 0.53 earnings per share 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.