Grupo Supervielle (NYSE:SUPV) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Grupo Supervielle (NYSE:SUPV - Free Report) from a sell rating to a hold rating in a research report report published on Friday morning.

Grupo Supervielle Price Performance

Shares of Grupo Supervielle stock traded up $0.10 during trading on Friday, reaching $12.88. 601,898 shares of the company's stock were exchanged, compared to its average volume of 1,191,699. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.86 and a current ratio of 0.86. Grupo Supervielle has a 1-year low of $5.00 and a 1-year high of $19.75. The company has a market cap of $1.14 billion, a P/E ratio of 17.89 and a beta of 1.93. The firm's 50-day moving average price is $14.35 and its 200 day moving average price is $14.52.

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

Grupo Supervielle Increases Dividend

The business also recently announced an annual dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th were given a $0.187 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a 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 24.32%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SUPV. SBI Securities Co. Ltd. bought a new stake in Grupo Supervielle during the 4th quarter worth $63,000. GAMMA Investing LLC increased 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 acquired a new stake in Grupo Supervielle during the 4th quarter worth approximately $151,000. Y Intercept Hong Kong Ltd acquired a new stake in Grupo Supervielle during the 4th quarter worth approximately $235,000. Finally, XTX Topco Ltd bought a new stake in Grupo Supervielle during the 4th quarter worth approximately $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.