Shares of Grupo Supervielle S.A. (NYSE:SUPV) have been assigned an average broker rating score of 1.00 (Strong Buy) from the three analysts that cover the company, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 1 year consensus target price of $25.67 for the company and are expecting that the company will post $0.51 earnings per share for the current quarter, according to Zacks. Zacks has also given Grupo Supervielle an industry rank of 162 out of 265 based on the ratings given to its competitors.
SUPV has been the subject of a number of research reports. Zacks Investment Research cut shares of Grupo Supervielle from a “hold” rating to a “sell” rating in a report on Thursday, October 12th. UBS AG raised their target price on shares of Grupo Supervielle from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Thursday, September 21st. Finally, BidaskClub cut shares of Grupo Supervielle from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th.
Shares of Grupo Supervielle (NYSE:SUPV) traded down $0.20 during trading hours on Tuesday, reaching $24.60. 452,800 shares of the company were exchanged, compared to its average volume of 305,208. The company has a market capitalization of $1,640.00 and a PE ratio of 13.85. Grupo Supervielle has a 1 year low of $11.97 and a 1 year high of $27.25. The company has a quick ratio of 1.59, a current ratio of 1.40 and a debt-to-equity ratio of 1.16.
A number of institutional investors have recently bought and sold shares of SUPV. Investec Asset Management LTD boosted its stake in Grupo Supervielle by 177.8% in the 3rd quarter. Investec Asset Management LTD now owns 908,587 shares of the company’s stock worth $22,433,000 after purchasing an additional 581,487 shares during the period. Commonwealth Bank of Australia boosted its stake in Grupo Supervielle by 257.0% in the 3rd quarter. Commonwealth Bank of Australia now owns 10,755 shares of the company’s stock worth $264,000 after purchasing an additional 7,742 shares during the period. Carmignac Gestion boosted its stake in Grupo Supervielle by 414.4% in the 3rd quarter. Carmignac Gestion now owns 2,510,723 shares of the company’s stock worth $61,990,000 after purchasing an additional 2,022,664 shares during the period. Artisan Partners Limited Partnership boosted its stake in Grupo Supervielle by 10.7% in the 3rd quarter. Artisan Partners Limited Partnership now owns 829,949 shares of the company’s stock worth $20,491,000 after purchasing an additional 80,176 shares during the period. Finally, Stifel Financial Corp acquired a new position in Grupo Supervielle in the 3rd quarter worth approximately $1,397,000. 34.55% of the stock is owned by hedge funds and other institutional investors.
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Grupo Supervielle Company Profile
Grupo Supervielle SA is an Argentina-based holding company primarily engaged in the financial sector. The Company provides services through numerous subsidiaries, such as Banco Supervielle SA, that offers bank services, mainly to individuals and commercial customers; Cordial Compania Financiera SA, which focuses on credit card issuing, as well as providing consumer loans and insurance for Wal-Mart Argentina customers; Tarjeta Automatica SA, which issues and administrates credit cards; Cordial Microfinanzas SA, that offers financing for urban micro-enterprises; Supervielle Seguros SA, which sells insurance products; Supervielle Asset Management Sociedad Gerente de FCI SA, which manages investment funds, and Espacio Cordial Servicios SA, that distributes audio and video equipment, computers, home appliance and air conditioning units, among others.
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