Grupo Supervielle (NYSE:SUPV) Trading 9.6% Higher - What's Next?

Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) traded up 9.6% on Tuesday . The stock traded as high as $11.53 and last traded at $11.51. 1,192,640 shares changed hands during trading, a decline of 1% from the average session volume of 1,202,771 shares. The stock had previously closed at $10.50.

Analyst Ratings Changes

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

Grupo Supervielle Stock Up 8.7%

The stock has a market cap of $1.01 billion, a PE ratio of 15.42, a price-to-earnings-growth ratio of 2.59 and a beta of 1.81. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 0.88. The company's 50-day moving average price is $14.07 and its 200 day moving average price is $14.52.

Grupo Supervielle (NYSE:SUPV - Get Free Report) last announced its earnings results on Tuesday, May 27th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.06). Grupo Supervielle had a net margin of 4.33% and a return on equity of 8.02%. The business had revenue of $180.66 billion for the quarter, compared to the consensus estimate of $258.16 billion. As a group, analysts forecast that Grupo Supervielle S.A. will post 1.5 EPS for the current fiscal year.

Grupo Supervielle Increases Dividend

The firm also recently disclosed 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. This is an increase from Grupo Supervielle's previous annual dividend of $0.16. The ex-dividend date of this dividend was Monday, May 19th. This represents a dividend yield of 1.18%. Grupo Supervielle's payout ratio is presently 25.68%.

Hedge Funds Weigh In On Grupo Supervielle

A number of institutional investors have recently bought and sold shares of SUPV. SBI Securities Co. Ltd. bought a new stake in Grupo Supervielle during the fourth quarter valued at about $63,000. GAMMA Investing LLC grew its stake 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 acquiring an additional 737 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in Grupo Supervielle in the 4th quarter worth approximately $235,000. XTX Topco Ltd bought a new stake in Grupo Supervielle during the 4th quarter worth approximately $258,000. Finally, Cetera Investment Advisers bought a new stake in Grupo Supervielle during the 1st quarter worth approximately $268,000.

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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