Grupo Supervielle (NYSE:SUPV) Sees Large Volume Increase - Should You Buy?

Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) shares 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.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut Grupo Supervielle from a "hold" rating to a "sell" rating in a research report on Monday, May 12th.

Grupo Supervielle Stock Down 3.1%

The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.07. The firm has a 50 day simple moving average of $14.44 and a 200-day simple moving average of $14.40. The stock has a market cap of $1.26 billion, a P/E ratio of 19.92 and a beta of 1.93.

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

Grupo Supervielle Increases Dividend

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

Hedge Funds Weigh In On Grupo Supervielle

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

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