Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report)'s stock price fell 2% on Wednesday . The stock traded as low as $10.57 and last traded at $10.71. 1,498,549 shares changed hands during mid-day trading, an increase of 47% from the average session volume of 1,022,349 shares. The stock had previously closed at $10.93.
Analysts Set New Price Targets
Separately, Wall Street Zen raised shares of Grupo Supervielle from a "sell" rating to a "hold" rating in a research report on Friday, May 30th.
Check Out Our Latest Stock Analysis on Grupo Supervielle
Grupo Supervielle Stock Performance
The company has a fifty day moving average of $11.48 and a two-hundred day moving average of $13.59. The stock has a market capitalization of $948.16 million, a P/E ratio of 14.47, a price-to-earnings-growth ratio of 11.19 and a beta of 1.72. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.88 and a quick ratio of 0.88.
Grupo Supervielle (NYSE:SUPV - Get Free Report) last announced its quarterly earnings results on Tuesday, May 27th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.06). Grupo Supervielle had a return on equity of 8.02% and a net margin of 4.33%. The company had revenue of $180.66 billion for the quarter, compared to analyst estimates of $258.16 billion. On average, equities analysts anticipate that Grupo Supervielle S.A. will post 1.5 EPS for the current year.
Grupo Supervielle Increases Dividend
The firm also recently announced an annual dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 19th were issued a $0.187 dividend. This is an increase from Grupo Supervielle's previous annual dividend of $0.16. This represents a dividend yield of 1.18%. The ex-dividend date of this dividend was Monday, May 19th. Grupo Supervielle's payout ratio is presently 25.68%.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. GAMMA Investing LLC grew its stake in shares of 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 buying an additional 737 shares in the last quarter. XTX Topco Ltd acquired a new position in Grupo Supervielle in the 4th quarter valued at $258,000. NewEdge Advisors LLC grew its position in shares of Grupo Supervielle by 4.9% in the fourth quarter. NewEdge Advisors LLC now owns 18,619 shares of the company's stock valued at $281,000 after purchasing an additional 867 shares during the last quarter. Cetera Investment Advisers bought a new stake in Grupo Supervielle during the 1st quarter valued at approximately $268,000. Finally, Turim 21 Investimentos Ltda. acquired a new stake in Grupo Supervielle in the 4th quarter valued at approximately $348,000.
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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