Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) shares were down 2% during trading on Wednesday . The company traded as low as $10.57 and last traded at $10.71. Approximately 1,498,549 shares changed hands during trading, an increase of 47% from the average daily volume of 1,022,349 shares. The stock had previously closed at $10.93.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded Grupo Supervielle from a "sell" rating to a "hold" rating in a research report on Friday, May 30th.
Check Out Our Latest Report on Grupo Supervielle
Grupo Supervielle Stock Down 4.0%
The company has a debt-to-equity ratio of 0.33, a current ratio of 0.88 and a quick ratio of 0.88. The firm's 50-day moving average is $11.15 and its 200 day moving average is $13.42. The stock has a market cap of $879.14 million, a price-to-earnings ratio of 13.42, a price-to-earnings-growth ratio of 10.19 and a beta of 1.65.
Grupo Supervielle (NYSE:SUPV - Get Free Report) last posted its quarterly earnings data on Tuesday, May 27th. The company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.06). The company had revenue of $180.66 billion for the quarter, compared to the consensus estimate of $258.16 billion. Grupo Supervielle had a net margin of 4.33% and a return on equity of 8.02%. Sell-side analysts anticipate that Grupo Supervielle S.A. will post 1.5 earnings per share for the current fiscal year.
Grupo Supervielle Increases Dividend
The firm also recently announced an annual dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th were paid a $0.187 dividend. This represents a yield of 118.0%. This is a boost from Grupo Supervielle's previous annual dividend of $0.16. The ex-dividend date was Monday, May 19th. Grupo Supervielle's dividend payout ratio is presently 24.32%.
Hedge Funds Weigh In On Grupo Supervielle
Institutional investors and hedge funds have recently bought and sold shares of the stock. Y Intercept Hong Kong Ltd raised its holdings in Grupo Supervielle by 197.0% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 38,202 shares of the company's stock worth $405,000 after purchasing an additional 25,340 shares during the last quarter. Sparta 24 Ltd. acquired a new stake in shares of Grupo Supervielle in the 2nd quarter valued at approximately $27,000. Kiker Wealth Management LLC acquired a new stake in shares of Grupo Supervielle in the 2nd quarter valued at approximately $1,345,000. Ping Capital Management Inc. raised its stake in Grupo Supervielle by 52.3% in the 2nd quarter. Ping Capital Management Inc. now owns 184,300 shares of the company's stock valued at $1,952,000 after acquiring an additional 63,300 shares during the period. Finally, Caxton Associates LLP bought a new stake in Grupo Supervielle in the 1st quarter valued at $1,802,000.
Grupo Supervielle Company Profile
(
Get Free Report)
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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