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

Grupo Supervielle S.A. (NYSE:SUPV) has received an average recommendation of “Hold” from the five research firms that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $14.6667.

Several research analysts have weighed in on the company. Wall Street Zen lowered Grupo Supervielle from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. Citigroup upgraded Grupo Supervielle from a “neutral” rating to a “buy” rating in a report on Monday, November 3rd. UBS Group assumed coverage on shares of Grupo Supervielle in a research report on Wednesday. They set a “neutral” rating and a $13.00 price objective on the stock. JPMorgan Chase & Co. raised shares of Grupo Supervielle from an “underweight” rating to a “neutral” rating and boosted their target price for the stock from $5.00 to $12.00 in a research report on Tuesday, October 28th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Grupo Supervielle in a research note on Thursday, November 13th.

Institutional Trading of Grupo Supervielle

A number of institutional investors and hedge funds have recently made changes to their positions in SUPV. Mak Capital One LLC boosted its stake in shares of Grupo Supervielle by 36.7% during the 3rd quarter. Mak Capital One LLC now owns 4,000,000 shares of the company’s stock worth $19,800,000 after acquiring an additional 1,074,732 shares in the last quarter. PointState Capital LP raised its stake in shares of Grupo Supervielle by 30.1% in the 1st quarter. PointState Capital LP now owns 2,467,243 shares of the company’s stock valued at $32,222,000 after acquiring an additional 570,523 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Grupo Supervielle by 16.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,634,873 shares of the company’s stock worth $21,351,000 after purchasing an additional 225,486 shares during the last quarter. Sparta 24 Ltd. boosted its position in Grupo Supervielle by 39,572.6% during the third quarter. Sparta 24 Ltd. now owns 1,002,526 shares of the company’s stock worth $4,963,000 after purchasing an additional 999,999 shares during the period. Finally, Millennium Management LLC grew its holdings in Grupo Supervielle by 7.0% during the third quarter. Millennium Management LLC now owns 876,252 shares of the company’s stock valued at $4,337,000 after purchasing an additional 57,040 shares during the last quarter.

Grupo Supervielle Price Performance

Shares of NYSE:SUPV opened at $10.81 on Wednesday. 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 has a 1 year low of $4.54 and a 1 year high of $19.75. The business has a fifty day simple moving average of $7.72 and a 200 day simple moving average of $10.01. The firm has a market cap of $957.23 million, a price-to-earnings ratio of 16.38, a P/E/G ratio of 23.32 and a beta of 1.65.

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.