Grupo Supervielle’s (SUPV) Hold (C) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their hold (c) rating on shares of Grupo Supervielle (NYSE:SUPV) in a research note released on Friday morning,Weiss Ratings reports.

Other research analysts have also recently issued reports about the company. Citigroup cut Grupo Supervielle from a “buy” rating to a “neutral” rating in a report on Wednesday, September 10th. JPMorgan Chase & Co. cut shares of Grupo Supervielle from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $15.00 to $5.00 in a research report on Wednesday, October 22nd. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $12.00.

Grupo Supervielle Stock Down 2.1%

NYSE SUPV opened at $6.73 on Friday. Grupo Supervielle has a 1-year low of $4.54 and a 1-year high of $19.75. The company has a market capitalization of $595.72 million, a price-to-earnings ratio of 10.20, a PEG ratio of 13.63 and a beta of 1.56. The stock’s 50 day moving average is $6.55 and its two-hundred day moving average is $10.43. 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 (NYSE:SUPV) last issued its earnings results on Wednesday, August 13th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.08). The company had revenue of $210.52 million during the quarter, compared to analyst estimates of $283.67 billion. Grupo Supervielle had a return on equity of 6.82% and a net margin of 4.08%. Equities analysts forecast that Grupo Supervielle will post 1.5 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SUPV. Sparta 24 Ltd. bought a new position in Grupo Supervielle in the 2nd quarter worth approximately $27,000. GAMMA Investing LLC increased its stake in shares of Grupo Supervielle by 10.2% in the 1st quarter. GAMMA Investing LLC now owns 7,958 shares of the company’s stock valued at $104,000 after buying an additional 737 shares during the period. GAM Holding AG acquired a new stake in shares of Grupo Supervielle in the 3rd quarter valued at $248,000. Cetera Investment Advisers bought a new stake in shares of Grupo Supervielle during the first quarter worth $268,000. Finally, Itau Unibanco Holding S.A. acquired a new position in shares of Grupo Supervielle during the first quarter valued at $357,000.

About Grupo Supervielle

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.