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

Grupo Supervielle S.A. (NYSE:SUPV) has been assigned an average rating of “Hold” from the seven ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $13.1667.

Several brokerages have recently weighed in on SUPV. JPMorgan Chase & Co. lifted their target price on shares of Grupo Supervielle from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Thursday, June 25th. Weiss Ratings reissued a “sell (d)” rating on shares of Grupo Supervielle in a research report on Wednesday, July 15th. Finally, UBS Group cut their price target on shares of Grupo Supervielle from $13.00 to $11.50 and set a “neutral” rating for the company in a research note on Friday, July 10th.

Hedge Funds Weigh In On Grupo Supervielle

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE grew its position in Grupo Supervielle by 285.5% in the first quarter. Bank of America Corp DE now owns 19,397 shares of the company’s stock valued at $183,000 after acquiring an additional 14,365 shares during the period. Deltec Asset Management LLC bought a new position in shares of Grupo Supervielle during the first quarter valued at $438,000. Titan Global Capital Management USA LLC lifted its holdings in shares of Grupo Supervielle by 75.9% during 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 acquiring an additional 39,505 shares during the period. Engineers Gate Manager LP boosted its stake in shares of Grupo Supervielle by 96.4% in the 2nd quarter. Engineers Gate Manager LP now owns 92,343 shares of the company’s stock valued at $892,000 after purchasing an additional 45,325 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in shares of Grupo Supervielle in the 4th quarter valued at $1,243,000.

Grupo Supervielle Stock Down 0.0%

SUPV opened at $8.50 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 debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92. The firm’s fifty day moving average price is $8.96 and its two-hundred day moving average price is $9.10. The company has a market capitalization of $743.82 million, a P/E ratio of -13.49 and a beta of 1.55.

Grupo Supervielle (NYSE:SUPV) last announced its quarterly earnings data on Tuesday, June 30th. The company reported $0.10 earnings per share (EPS) for the quarter. Grupo Supervielle had a negative net margin of 3.60% and a negative return on equity of 2.67%. The company had revenue of $233.55 million during the quarter. On average, analysts anticipate that Grupo Supervielle will post 0.44 EPS for the current 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.