Grupo Supervielle (SUPV) Stock Price Up 5.4%

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Shares of Grupo Supervielle SA -ADR (NYSE:SUPV) rose 5.4% on Friday . The company traded as high as $7.75 and last traded at $7.66. Approximately 1,335,051 shares were traded during mid-day trading, an increase of 66% from the average daily volume of 805,191 shares. The stock had previously closed at $7.27.

SUPV has been the subject of a number of research reports. Santander lowered shares of Grupo Supervielle from a “buy” rating to an “underperform” rating and raised their price target for the company from $18.00 to $18.40 in a report on Thursday, November 15th. Zacks Investment Research raised shares of Grupo Supervielle from a “sell” rating to a “hold” rating in a report on Wednesday, November 21st. Citigroup lowered shares of Grupo Supervielle from a “buy” rating to a “neutral” rating in a report on Tuesday, January 8th. Finally, Bank of America lowered shares of Grupo Supervielle from a “neutral” rating to an “underperform” rating in a report on Thursday, February 21st. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $11.10.

The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.19 and a current ratio of 1.19. The firm has a market cap of $543.52 million, a price-to-earnings ratio of 9.95, a P/E/G ratio of 5.61 and a beta of 0.12.

Institutional investors have recently modified their holdings of the stock. RWC Asset Management LLP bought a new position in Grupo Supervielle in the fourth quarter valued at approximately $11,630,000. Pelham Global Financials Ltd. boosted its stake in Grupo Supervielle by 31.7% in the third quarter. Pelham Global Financials Ltd. now owns 1,315,338 shares of the company’s stock valued at $10,089,000 after acquiring an additional 316,275 shares during the last quarter. TIAA CREF Investment Management LLC boosted its stake in Grupo Supervielle by 29.1% in the third quarter. TIAA CREF Investment Management LLC now owns 1,266,800 shares of the company’s stock valued at $9,716,000 after acquiring an additional 285,200 shares during the last quarter. RWC Asset Advisors US LLC bought a new position in Grupo Supervielle in the fourth quarter valued at approximately $2,168,000. Finally, Brown Advisory Inc. boosted its stake in Grupo Supervielle by 28.9% in the third quarter. Brown Advisory Inc. now owns 900,593 shares of the company’s stock valued at $6,908,000 after acquiring an additional 201,920 shares during the last quarter. 29.87% of the stock is owned by institutional investors and hedge funds.

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About Grupo Supervielle (NYSE:SUPV)

Grupo Supervielle SA engages in the provision of banking services. It operates through the following segments: Retail Banking, Corporate Banking, Treasury, Consumer Finance, Insurance and Asset Management and Other Services. The Retail Banking segment involves in personal loans, deposit accounts, purchase and sale of foreign exchange and precious metals and credits cards.

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