Grupo Supervielle (NYSE:SUPV) Shares Down 5.4% – Time to Sell?

Shares of Grupo Supervielle S.A. (NYSE:SUPV) were down 5.4% during trading on Friday . The stock traded as low as $15.66 and last traded at $15.62. Approximately 339,169 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 1,420,301 shares. The stock had previously closed at $16.52.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Morgan Stanley raised shares of Grupo Supervielle from an “underweight” rating to an “overweight” rating and set a $19.00 price target on the stock in a report on Monday, December 16th. JPMorgan Chase & Co. upgraded shares of Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 price objective on the stock in a report on Thursday, December 12th.

Grupo Supervielle Stock Performance

The firm has a market capitalization of $1.35 billion, a PE ratio of 21.15 and a beta of 1.95. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.86 and a quick ratio of 0.86. The company’s fifty day simple moving average is $15.69 and its 200 day simple moving average is $10.67.

Grupo Supervielle (NYSE:SUPV) last announced its quarterly earnings results on Monday, November 25th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.03). Grupo Supervielle had a return on equity of 15.92% and a net margin of 5.80%. As a group, equities research analysts expect that Grupo Supervielle S.A. will post 1.5 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in SUPV. Precision Wealth Strategies LLC bought a new stake in shares of Grupo Supervielle during the 3rd quarter valued at $317,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Grupo Supervielle during the 3rd quarter valued at $145,000. Quantbot Technologies LP boosted its holdings in shares of Grupo Supervielle by 212.9% during the 3rd quarter. Quantbot Technologies LP now owns 28,807 shares of the company’s stock valued at $205,000 after buying an additional 19,602 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Grupo Supervielle by 449.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 61,303 shares of the company’s stock valued at $436,000 after buying an additional 50,138 shares in the last quarter. Finally, Freedom Investment Management Inc. bought a new stake in shares of Grupo Supervielle during the 3rd quarter valued at $519,000.

Grupo Supervielle Company Profile

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.