Grupo Supervielle (NYSE:SUPV) Lowered to Sell Rating by Wall Street Zen

Wall Street Zen downgraded shares of Grupo Supervielle (NYSE:SUPV) from a hold rating to a sell rating in a research report report published on Saturday.

Several other analysts also recently weighed in on the stock. UBS Group began coverage on shares of Grupo Supervielle in a research report on Wednesday, November 19th. They issued a “neutral” rating and a $13.00 price objective on the stock. Itau BBA Securities started coverage on Grupo Supervielle in a report on Wednesday, December 10th. They set an “outperform” rating and a $15.00 price target on the stock. Zacks Research raised Grupo Supervielle from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. JPMorgan Chase & Co. raised Grupo Supervielle from an “underweight” rating to a “neutral” rating and lifted their target price for the company from $5.00 to $12.00 in a research note on Tuesday, October 28th. Finally, Bank of America reiterated a “neutral” rating on shares of Grupo Supervielle in a research report on Wednesday, November 26th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Grupo Supervielle currently has a consensus rating of “Hold” and an average price target of $13.33.

Grupo Supervielle Stock Up 7.2%

NYSE:SUPV opened at $11.02 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.38. The stock has a 50 day moving average of $11.45 and a 200-day moving average of $9.58. The firm has a market capitalization of $964.80 million, a PE ratio of 91.84, a price-to-earnings-growth ratio of 11.95 and a beta of 1.71. Grupo Supervielle has a 52 week low of $4.54 and a 52 week high of $17.02.

Grupo Supervielle (NYSE:SUPV) last released its quarterly earnings data on Tuesday, November 25th. The company reported ($0.43) earnings per share (EPS) 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 company had revenue of $178.38 million for the quarter, compared to analyst estimates of $252.85 billion. Analysts predict that Grupo Supervielle will post 1.5 EPS for the current year.

Institutional Trading of Grupo Supervielle

Institutional investors have recently modified their holdings of the company. Mak Capital One LLC grew its holdings in Grupo Supervielle by 36.7% during the third 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 during the period. Sparta 24 Ltd. grew its stake in shares of Grupo Supervielle by 39,572.6% in the 3rd 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 last quarter. Jump Financial LLC raised its holdings in shares of Grupo Supervielle by 339.2% in the 3rd quarter. Jump Financial LLC now owns 580,486 shares of the company’s stock worth $2,873,000 after purchasing an additional 448,330 shares in the last quarter. Verition Fund Management LLC raised its holdings in shares of 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. Finally, UBS Group AG lifted its stake in Grupo Supervielle by 151.2% during the third quarter. UBS Group AG now owns 567,393 shares of the company’s stock valued at $2,809,000 after purchasing an additional 341,539 shares during the last quarter.

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.