Grupo Supervielle (NYSE:SUPV) Stock Price Down 4% - Time to Sell?

Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report)'s stock price dropped 4% during mid-day trading on Wednesday . The company traded as low as $12.21 and last traded at $12.13. Approximately 262,923 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 1,159,678 shares. The stock had previously closed at $12.63.

Analyst Upgrades and Downgrades

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

Grupo Supervielle Price Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 0.86 and a quick ratio of 0.86. The stock's fifty day moving average is $14.25 and its 200-day moving average is $14.49. The stock has a market capitalization of $1.05 billion, a P/E ratio of 16.43 and a beta of 1.93.

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

Grupo Supervielle Increases Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th were issued a dividend of $0.187 per share. This represents a yield of 1.18%. 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 24.32%.

Institutional Investors Weigh In On Grupo Supervielle

Hedge funds have recently bought and sold shares of the company. SBI Securities Co. Ltd. bought a new stake in Grupo Supervielle during the fourth quarter valued at about $63,000. GAMMA Investing LLC lifted its stake in shares of 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 buying an additional 737 shares during the period. Stratos Wealth Advisors LLC bought a new stake in shares of Grupo Supervielle in the fourth quarter valued at about $151,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Grupo Supervielle in the fourth quarter valued at about $235,000. Finally, XTX Topco Ltd bought a new stake in shares of Grupo Supervielle in the fourth quarter valued at about $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.