Grupo Supervielle S.A. (NYSE:SUPV) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts collectively rate Grupo Supervielle “Hold.” Of seven analysts, four recommend holding, two recommend buying, and one recommends selling; the average 12-month price target is $13.17 versus the stock’s $8.50 opening price.
• Recent analyst actions were mixed: JPMorgan raised its target to $13.00, while UBS cut its target to $11.50; both maintained neutral ratings, and Weiss Ratings reaffirmed a sell rating.
• Several institutional investors increased their positions, including Engineers Gate, Bank of America, Titan Global, and RWC Asset Management. The company reported quarterly EPS of $0.10 on $233.55 million in revenue, though it posted negative net margin and return on equity.

Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) has been given a consensus rating of "Hold" by the seven analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $13.1667.

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

Institutional Trading of Grupo Supervielle

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Engineers Gate Manager LP raised 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 valued at $892,000 after buying an additional 45,325 shares during the last quarter. Bank of America Corp DE grew its position in 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 buying an additional 14,365 shares in the last quarter. Titan Global Capital Management USA LLC increased its stake in Grupo Supervielle by 5.7% during the first quarter. Titan Global Capital Management USA LLC now owns 96,768 shares of the company's stock valued at $912,000 after acquiring an additional 5,245 shares during the period. Deltec Asset Management LLC acquired a new position in Grupo Supervielle in the 1st quarter valued at approximately $438,000. Finally, RWC Asset Management LLP raised its holdings in Grupo Supervielle by 58.3% in the 4th quarter. RWC Asset Management LLP now owns 1,178,894 shares of the company's stock valued at $13,935,000 after acquiring an additional 434,285 shares in the last quarter.

Grupo Supervielle Stock Down 0.0%

Grupo Supervielle stock opened at $8.50 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92. Grupo Supervielle has a fifty-two week low of $4.54 and a fifty-two week high of $13.55. The firm has a fifty day moving average price of $8.96 and a two-hundred day moving average price of $9.10. The firm has a market cap of $743.82 million, a price-to-earnings ratio of -13.49 and a beta of 1.55.

Grupo Supervielle (NYSE:SUPV - Get Free Report) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $233.55 million for the quarter. Grupo Supervielle had a negative return on equity of 2.67% and a negative net margin of 3.60%. As a group, analysts forecast that Grupo Supervielle will post 0.44 earnings per share 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.

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