Grupo Supervielle (NYSE:SUPV) Stock Price Down 5.6% - What's Next?

Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) shares were down 5.6% during mid-day trading on Wednesday . The company traded as low as $9.63 and last traded at $9.54. Approximately 1,054,727 shares were traded during trading, a decline of 11% from the average daily volume of 1,180,347 shares. The stock had previously closed at $10.10.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Grupo Supervielle from a "sell" rating to a "hold" rating in a report on Friday, May 30th.

Grupo Supervielle Stock Performance

The company has a market cap of $881.67 million, a price-to-earnings ratio of 13.46, a price-to-earnings-growth ratio of 2.34 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. The stock has a 50-day moving average price of $12.40 and a 200 day moving average price of $14.02.

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 for the quarter, compared to analyst estimates of $258.16 billion. Grupo Supervielle had a return on equity of 8.02% and a net margin of 4.33%. As a group, analysts anticipate that Grupo Supervielle S.A. will post 1.5 EPS for the current fiscal year.

Grupo Supervielle Increases Dividend

The firm also recently declared an annual dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th were given 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 currently 25.68%.

Institutional Investors Weigh In On Grupo Supervielle

A number of hedge funds have recently modified their holdings of SUPV. GAMMA Investing LLC grew its stake in Grupo Supervielle by 10.2% in the first 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. XTX Topco Ltd acquired a new position in shares of Grupo Supervielle during the 4th quarter worth approximately $258,000. Cetera Investment Advisers acquired a new position in shares of Grupo Supervielle during the 1st quarter worth approximately $268,000. NewEdge Advisors LLC increased its position in shares of Grupo Supervielle by 4.9% during the 4th quarter. NewEdge Advisors LLC now owns 18,619 shares of the company's stock worth $281,000 after purchasing an additional 867 shares during the last quarter. Finally, Turim 21 Investimentos Ltda. acquired a new position in shares of Grupo Supervielle during the 4th quarter worth approximately $348,000.

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.