Brokerages Set Grupo Supervielle S.A. (NYSE:SUPV) PT at $13.33

Shares of Grupo Supervielle S.A. (NYSE:SUPV) have been given an average rating of “Hold” by the seven research firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $13.3333.

SUPV has been the topic of several analyst reports. Zacks Research upgraded Grupo Supervielle from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Itau BBA Securities initiated coverage on shares of Grupo Supervielle in a report on Wednesday, December 10th. They set an “outperform” rating and a $15.00 target price on the stock. Weiss Ratings lowered shares of Grupo Supervielle from a “hold (c-)” rating to a “sell (d)” rating in a research note on Tuesday, January 20th. Bank of America reiterated a “neutral” rating on shares of Grupo Supervielle in a research note on Wednesday, November 26th. Finally, Wall Street Zen raised Grupo Supervielle from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th.

Institutional Investors Weigh In On Grupo Supervielle

Hedge funds have recently added to or reduced their stakes in the business. Ping Capital Management Inc. raised its position in shares of Grupo Supervielle by 26.0% in the fourth quarter. Ping Capital Management Inc. now owns 434,000 shares of the company’s stock valued at $5,130,000 after purchasing an additional 89,500 shares during the period. Verity Asset Management Inc. bought a new stake in shares of Grupo Supervielle in the fourth quarter valued at about $584,000. UBS Group AG grew its stake in shares of Grupo Supervielle by 38.4% in the fourth 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. Paradiem LLC increased its position in Grupo Supervielle by 13.8% during the fourth quarter. Paradiem LLC now owns 83,589 shares of the company’s stock worth $988,000 after acquiring an additional 10,155 shares during the period. Finally, Verition Fund Management LLC raised its stake in Grupo Supervielle by 264.3% in the 3rd quarter. Verition Fund Management LLC now owns 532,789 shares of the company’s stock worth $2,637,000 after purchasing an additional 386,524 shares in the last quarter.

Grupo Supervielle Price Performance

NYSE SUPV opened at $11.22 on Monday. The firm’s 50 day moving average is $11.47 and its 200-day moving average is $9.57. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $982.31 million, a PE ratio of 93.51, a price-to-earnings-growth ratio of 9.17 and a beta of 1.71. Grupo Supervielle has a 12-month low of $4.54 and a 12-month high of $17.02.

Grupo Supervielle (NYSE:SUPV) last released its earnings results on Tuesday, November 25th. The company reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.46). Grupo Supervielle had a net margin of 0.69% and a return on equity of 1.15%. The business had revenue of $178.38 million during the quarter, compared to the consensus estimate of $252.85 billion. Equities research analysts anticipate that Grupo Supervielle will post 1.5 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.