Grupo Supervielle (NYSE:SUPV) Sees Unusually-High Trading Volume - What's Next?

Shares of Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) saw strong trading volume on Wednesday . 975,202 shares traded hands during trading, a decline of 16% from the previous session's volume of 1,164,914 shares.The stock last traded at $13.67 and had previously closed at $14.71.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Grupo Supervielle from a "sell" rating to a "hold" rating in a report on Friday.

Grupo Supervielle Stock Performance

The business has a 50-day moving average of $14.38 and a two-hundred day moving average of $14.47. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market cap of $1.15 billion, a P/E ratio of 18.07 and a beta of 1.93.

Grupo Supervielle (NYSE:SUPV - Get Free Report) last released its quarterly earnings results on Tuesday, May 27th. The company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.06). The business had revenue of $180.66 billion during the quarter, compared to analysts' expectations of $258.16 billion. Grupo Supervielle had a net margin of 5.80% and a return on equity of 15.92%. On average, sell-side analysts predict that Grupo Supervielle S.A. will post 1.5 EPS for the current fiscal year.

Grupo Supervielle Increases Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 19th were issued a dividend of $0.187 per share. The ex-dividend date was Monday, May 19th. This is an increase from Grupo Supervielle's previous annual dividend of $0.16. This represents a yield of 1.18%. Grupo Supervielle's dividend payout ratio is 23.08%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. SBI Securities Co. Ltd. acquired a new stake in Grupo Supervielle in the fourth quarter valued at approximately $63,000. GAMMA Investing LLC grew its stake in Grupo Supervielle by 10.2% in the 1st quarter. GAMMA Investing LLC now owns 7,958 shares of the company's stock valued at $104,000 after acquiring an additional 737 shares during the period. Stratos Wealth Advisors LLC acquired a new stake in Grupo Supervielle in the 4th quarter valued at $151,000. Y Intercept Hong Kong Ltd purchased a new stake in Grupo Supervielle in the 4th quarter worth $235,000. Finally, XTX Topco Ltd acquired a new position in Grupo Supervielle during the fourth quarter worth $258,000.

About Grupo Supervielle

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.