Grupo Supervielle (NYSE:SUPV) Trading Down 6.1% - Time to Sell?

Key Points

• Shares fell 6.1% to $7.725 on Friday with volume about 322,256 (a 65% decline from average), and the stock is trading below its 50‑day ($9.16) and 200‑day ($10.23) moving averages.
• Analysts have been cutting ratings — JPMorgan lowered its price target to $11 (neutral), Zacks moved to "strong sell," and Weiss and Wall Street Zen to "sell" — while the consensus remains a "Hold" with an average target of $13.
• Fundamentals show weakness (negative EPS/PE of -21.77, negative ROE and net margin) and a market cap of ~$687M, yet several large funds (Millennium, Goldman Sachs, Qube) recently increased or initiated positions.

Shares of Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) were down 6.1% during trading on Friday . The company traded as low as $7.76 and last traded at $7.7250. Approximately 322,256 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 933,016 shares. The stock had previously closed at $8.23.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on SUPV shares. JPMorgan Chase & Co. reduced their price target on shares of Grupo Supervielle from $12.00 to $11.00 and set a "neutral" rating for the company in a research note on Thursday, February 19th. Zacks Research lowered shares of Grupo Supervielle from a "hold" rating to a "strong sell" rating in a research note on Tuesday, February 24th. Weiss Ratings reiterated a "sell (d)" rating on shares of Grupo Supervielle in a research note on Friday, April 17th. Finally, Wall Street Zen lowered shares of Grupo Supervielle from a "hold" rating to a "sell" rating in a research note on Saturday, April 4th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Grupo Supervielle presently has a consensus rating of "Hold" and an average target price of $13.00.

Grupo Supervielle Stock Performance

The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.17. The company has a market cap of $687.18 million, a PE ratio of -21.77 and a beta of 1.78. The business's fifty day moving average is $9.16 and its 200-day moving average is $10.23.

Grupo Supervielle (NYSE:SUPV - Get Free Report) last posted its quarterly earnings data on Sunday, February 15th. The company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $145.40 million during the quarter. Grupo Supervielle had a negative return on equity of 3.99% and a negative net margin of 2.18%. As a group, research analysts predict that Grupo Supervielle S.A. will post 0.6 EPS for the current fiscal year.

Hedge Funds Weigh In On Grupo Supervielle

Several large investors have recently added to or reduced their stakes in SUPV. Millennium Management LLC lifted its holdings in Grupo Supervielle by 46.3% during the first quarter. Millennium Management LLC now owns 752,124 shares of the company's stock valued at $9,823,000 after purchasing an additional 238,064 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Grupo Supervielle by 38.8% during the first quarter. Goldman Sachs Group Inc. now owns 136,881 shares of the company's stock valued at $1,788,000 after purchasing an additional 38,247 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Grupo Supervielle by 29.3% during the second quarter. Cetera Investment Advisers now owns 26,500 shares of the company's stock valued at $281,000 after purchasing an additional 6,000 shares in the last quarter. Jump Financial LLC lifted its holdings in Grupo Supervielle by 19.4% during the second quarter. Jump Financial LLC now owns 132,156 shares of the company's stock valued at $1,400,000 after purchasing an additional 21,471 shares in the last quarter. Finally, Qube Research & Technologies Ltd purchased a new position in Grupo Supervielle during the second quarter valued at approximately $2,568,000.

About Grupo Supervielle

Grupo Supervielle NYSE: SUPV is a diversified Argentine financial services holding company headquartered in Buenos Aires. Through its principal subsidiary, Banco Supervielle, the group offers retail and commercial banking products including checking and savings accounts, consumer and corporate loans, credit and debit cards, treasury services and foreign exchange solutions. These services cater to individual customers, small and medium-sized enterprises and larger corporates throughout Argentina’s provincial and urban centers.

Beyond traditional banking, Grupo Supervielle operates in insurance and asset management.

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