Grupo Supervielle (NYSE:SUPV) Shares Down 4.1% - Should You Sell?

Shares of Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) traded down 4.1% on Tuesday . The company traded as low as $15.00 and last traded at $15.06. 695,725 shares were traded during trading, a decline of 40% from the average session volume of 1,158,816 shares. The stock had previously closed at $15.70.

Analyst Ratings Changes

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

Grupo Supervielle Stock Performance

The company has a 50 day moving average price of $14.42 and a 200-day moving average price of $14.40. The company has a market cap of $1.31 billion, a P/E ratio of 20.57 and a beta of 1.93. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.07.

Grupo Supervielle Increases Dividend

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

Institutional Investors Weigh In On Grupo Supervielle

Large investors have recently bought and sold shares of the business. GAMMA Investing LLC lifted its holdings in shares of Grupo Supervielle by 10.2% during the 1st quarter. GAMMA Investing LLC now owns 7,958 shares of the company's stock valued at $104,000 after purchasing an additional 737 shares in the last quarter. NewEdge Advisors LLC grew its stake in Grupo Supervielle by 4.9% in the 4th quarter. NewEdge Advisors LLC now owns 18,619 shares of the company's stock valued at $281,000 after buying an additional 867 shares during the last quarter. Freedom Investment Management Inc. increased its position in Grupo Supervielle by 4.4% during the 1st quarter. Freedom Investment Management Inc. now owns 44,386 shares of the company's stock worth $580,000 after buying an additional 1,862 shares during the period. Insigneo Advisory Services LLC increased its holdings in shares of Grupo Supervielle by 11.1% during the first quarter. Insigneo Advisory Services LLC now owns 36,209 shares of the company's stock worth $473,000 after purchasing an additional 3,604 shares during the period. Finally, SBI Securities Co. Ltd. bought a new position in Grupo Supervielle in the 4th quarter valued at about $63,000.

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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