Grupo Supervielle S.A. (NYSE:SUPV) Receives Consensus Recommendation of “Hold” from Analysts

Grupo Supervielle S.A. (NYSE:SUPV) has been assigned an average recommendation of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $13.3333.

A number of research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Grupo Supervielle from a “hold” rating to a “sell” rating in a research report on Saturday. Citigroup upgraded Grupo Supervielle from a “neutral” rating to a “buy” rating in a research note on Monday, November 3rd. UBS Group initiated coverage on Grupo Supervielle in a report on Wednesday, November 19th. They issued a “neutral” rating and a $13.00 price objective for the company. Weiss Ratings cut shares of Grupo Supervielle from a “hold (c-)” rating to a “sell (d)” rating in a research note on Tuesday, January 20th. Finally, Zacks Research raised shares of Grupo Supervielle from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th.

Institutional Investors Weigh In On Grupo Supervielle

Hedge funds have recently modified their holdings of the company. Sparta 24 Ltd. acquired a new stake in shares of Grupo Supervielle during the 2nd quarter valued at about $27,000. Titan Global Capital Management USA LLC boosted its position in Grupo Supervielle by 5.3% during the second quarter. Titan Global Capital Management USA LLC now owns 54,048 shares of the company’s stock worth $572,000 after purchasing an additional 2,711 shares in the last quarter. Insigneo Advisory Services LLC grew its holdings in Grupo Supervielle by 5.6% in the third quarter. Insigneo Advisory Services LLC now owns 101,363 shares of the company’s stock valued at $502,000 after purchasing an additional 5,361 shares during the period. Cetera Investment Advisers increased its position in shares of Grupo Supervielle by 29.3% in the second quarter. Cetera Investment Advisers now owns 26,500 shares of the company’s stock valued at $281,000 after buying an additional 6,000 shares in the last quarter. Finally, Paradiem LLC increased its position in shares of Grupo Supervielle by 13.8% in the fourth quarter. Paradiem LLC now owns 83,589 shares of the company’s stock valued at $988,000 after buying an additional 10,155 shares in the last quarter.

Grupo Supervielle Price Performance

Shares of NYSE SUPV opened at $11.02 on Monday. Grupo Supervielle has a 52 week low of $4.54 and a 52 week high of $17.02. The business’s 50 day moving average price is $11.45 and its 200 day moving average price is $9.58. 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 firm has a market cap of $964.80 million, a P/E ratio of 91.84, a P/E/G ratio of 11.16 and a beta of 1.71.

Grupo Supervielle (NYSE:SUPV) last announced its quarterly earnings data on Tuesday, November 25th. The company reported ($0.43) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.46). The business had revenue of $178.38 million for the quarter, compared to analyst estimates of $252.85 billion. Grupo Supervielle had a net margin of 0.69% and a return on equity of 1.15%. On average, sell-side analysts expect that Grupo Supervielle will post 1.5 earnings per share for the current year.

About Grupo Supervielle

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.