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

Shares of Grupo Supervielle S.A. (NYSE:SUPV) have received a consensus rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat Ratings 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 1-year price target among analysts that have updated their coverage on the stock in the last year is $13.1667.

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their target price on shares of Grupo Supervielle from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th. UBS Group decreased their price objective on shares of Grupo Supervielle from $13.00 to $11.50 and set a “neutral” rating for the company in a research report on Friday, July 10th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Grupo Supervielle in a research note on Wednesday, July 15th.

Institutional Trading of Grupo Supervielle

Several institutional investors have recently modified their holdings of the stock. Bank of America Corp DE grew its holdings in shares of Grupo Supervielle by 285.5% during the first quarter. Bank of America Corp DE now owns 19,397 shares of the company’s stock worth $183,000 after purchasing an additional 14,365 shares during the last quarter. Deltec Asset Management LLC purchased a new stake in Grupo Supervielle in the first quarter valued at approximately $438,000. Titan Global Capital Management USA LLC lifted its stake in Grupo Supervielle by 75.9% in the fourth quarter. Titan Global Capital Management USA LLC now owns 91,523 shares of the company’s stock valued at $1,082,000 after buying an additional 39,505 shares during the last quarter. Engineers Gate Manager LP grew its position in shares of Grupo Supervielle by 96.4% during the second quarter. Engineers Gate Manager LP now owns 92,343 shares of the company’s stock worth $892,000 after acquiring an additional 45,325 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of Grupo Supervielle in the 4th quarter valued at $1,243,000.

Grupo Supervielle Trading Down 0.5%

Shares of SUPV stock opened at $8.00 on Tuesday. Grupo Supervielle has a fifty-two week low of $4.54 and a fifty-two week high of $13.55. The company has a 50 day moving average price of $8.82 and a 200 day moving average price of $9.06. The stock has a market capitalization of $700.40 million, a P/E ratio of -12.70 and a beta of 1.55. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.92.

Grupo Supervielle (NYSE:SUPV) last posted its quarterly earnings results on Tuesday, June 30th. The company reported $0.10 EPS for the quarter. The business had revenue of $233.55 million during the quarter. Grupo Supervielle had a negative net margin of 3.60% and a negative return on equity of 2.67%. Equities research analysts predict that Grupo Supervielle will post 0.44 EPS for the current fiscal year.

Grupo Supervielle Company Profile

Grupo Supervielle SA is an Argentine financial services holding company whose principal subsidiary is Banco Supervielle SA The group provides banking and related financial products to individuals, small and medium-sized businesses, corporate clients, and other institutional customers in Argentina.

Through its banking operations, Grupo Supervielle offers deposit accounts, personal and business lending, mortgages, credit and debit cards, payments, online and mobile banking, and other transaction services.