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

Grupo Supervielle S.A. (NYSE:SUPV) has earned a consensus rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $13.6667.

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of Grupo Supervielle from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Wall Street Zen raised Grupo Supervielle from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings restated a “sell (d)” rating on shares of Grupo Supervielle in a report on Friday, April 17th. Finally, Zacks Research raised Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 7th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Mak Capital One LLC boosted its position in shares of Grupo Supervielle by 36.7% in the 3rd quarter. Mak Capital One LLC now owns 4,000,000 shares of the company’s stock worth $19,800,000 after buying an additional 1,074,732 shares in the last quarter. UBS Group AG increased its holdings in Grupo Supervielle by 38.4% during 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. Eurizon Capital SGR S.p.A. purchased a new position in Grupo Supervielle during the 4th quarter valued at about $1,243,000. RWC Asset Management LLP raised its position in Grupo Supervielle by 58.3% during the fourth quarter. RWC Asset Management LLP now owns 1,178,894 shares of the company’s stock worth $13,935,000 after acquiring an additional 434,285 shares during the last quarter. Finally, Ping Capital Management Inc. raised its position in Grupo Supervielle by 26.0% during the fourth quarter. Ping Capital Management Inc. now owns 434,000 shares of the company’s stock worth $5,130,000 after acquiring an additional 89,500 shares during the last quarter.

Grupo Supervielle Stock Down 4.0%

Shares of NYSE SUPV opened at $9.27 on Thursday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.65. Grupo Supervielle has a 52 week low of $4.54 and a 52 week high of $13.55. The firm has a 50-day moving average price of $9.22 and a 200 day moving average price of $9.99. The stock has a market capitalization of $811.85 million, a price-to-earnings ratio of -15.72 and a beta of 1.58.

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.