Grupo Supervielle SA -ADR (NYSE:SUPV) has earned an average recommendation of “Hold” from the seven analysts that are currently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $12.13.
Several equities research analysts have recently weighed in on SUPV shares. Citigroup cut shares of Grupo Supervielle from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 8th. Zacks Investment Research upgraded shares of Grupo Supervielle from a “hold” rating to a “buy” rating and set a $9.00 price objective for the company in a research report on Wednesday, December 19th. Finally, Bank of America cut shares of Grupo Supervielle from a “neutral” rating to an “underperform” rating in a research report on Thursday, February 21st.
Shares of SUPV traded up $0.13 during trading hours on Monday, hitting $6.09. 1,832,633 shares of the stock were exchanged, compared to its average volume of 996,349. Grupo Supervielle has a fifty-two week low of $4.91 and a fifty-two week high of $30.90. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.71. The stock has a market cap of $430.74 million, a PE ratio of 7.91, a price-to-earnings-growth ratio of 4.16 and a beta of 0.04.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Pelham Global Financials Ltd. increased its position in shares of Grupo Supervielle by 22.6% during the fourth quarter. Pelham Global Financials Ltd. now owns 1,613,138 shares of the company’s stock worth $14,002,000 after buying an additional 297,800 shares during the period. RWC Asset Management LLP bought a new position in Grupo Supervielle during the fourth quarter worth $11,630,000. TIAA CREF Investment Management LLC boosted its stake in Grupo Supervielle by 29.1% during the third quarter. TIAA CREF Investment Management LLC now owns 1,266,800 shares of the company’s stock worth $9,716,000 after acquiring an additional 285,200 shares in the last quarter. Highland Capital Management LP boosted its stake in Grupo Supervielle by 23.7% during the third quarter. Highland Capital Management LP now owns 655,705 shares of the company’s stock worth $5,029,000 after acquiring an additional 125,500 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its stake in Grupo Supervielle by 61.3% during the third quarter. Alliancebernstein L.P. now owns 523,180 shares of the company’s stock worth $4,013,000 after acquiring an additional 198,775 shares in the last quarter. Institutional investors own 29.86% of the company’s stock.
Grupo Supervielle Company Profile
Grupo Supervielle SA, a financial services holding company, provides banking products and services in Argentina. The company operates through Retail Banking, Corporate Banking, Treasury, Consumer Finance, Insurance, and Asset Management & Other Services segments. It accepts deposit accounts; and offers personal loans, foreign trade finance, and loans to the middle and lower-middle-income sectors.
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