Grupo Supervielle (NYSE:SUPV) Cut to Sell at Wall Street Zen

Wall Street Zen cut shares of Grupo Supervielle (NYSE:SUPV) from a hold rating to a sell rating in a report released on Saturday.

Several other equities research analysts have also recently commented on the company. UBS Group began coverage on Grupo Supervielle in a research note on Wednesday, November 19th. They set a “neutral” rating and a $13.00 target price for the company. Bank of America reiterated a “neutral” rating on shares of Grupo Supervielle in a report on Wednesday, November 26th. Zacks Research upgraded Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research note on Monday, November 24th. JPMorgan Chase & Co. upgraded Grupo Supervielle from an “underweight” rating to a “neutral” rating and lifted their price target for the company from $5.00 to $12.00 in a research report on Tuesday, October 28th. Finally, Itau BBA Securities initiated coverage on shares of Grupo Supervielle in a report on Wednesday, December 10th. They set an “outperform” rating and a $15.00 target price on the stock. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $13.33.

Grupo Supervielle Trading Up 3.1%

Shares of NYSE SUPV opened at $11.38 on Friday. The stock has a market cap of $996.41 million, a P/E ratio of 94.85, a price-to-earnings-growth ratio of 40.60 and a beta of 1.76. Grupo Supervielle has a 52-week low of $4.54 and a 52-week high of $19.75. The firm has a 50 day moving average price of $9.73 and a two-hundred day moving average price of $9.41. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 0.96.

Grupo Supervielle (NYSE:SUPV) last announced its earnings results on Tuesday, November 25th. The company reported ($0.43) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.46). Grupo Supervielle had a return on equity of 1.15% and a net margin of 0.69%.The company had revenue of $178.38 million for the quarter, compared to analyst estimates of $252.85 billion. As a group, equities analysts forecast that Grupo Supervielle will post 1.5 EPS for the current year.

Institutional Trading of Grupo Supervielle

Large investors have recently modified their holdings of the business. Kiker Wealth Management LLC bought a new stake in shares of Grupo Supervielle during the 2nd quarter valued at about $1,345,000. Titan Global Capital Management USA LLC bought a new position in shares of Grupo Supervielle during the first quarter valued at $670,000. Cubist Systematic Strategies LLC raised its holdings in Grupo Supervielle by 971.8% in the 1st quarter. Cubist Systematic Strategies LLC now owns 441,798 shares of the company’s stock worth $5,770,000 after acquiring an additional 400,579 shares during the last quarter. Banco BTG Pactual S.A. purchased a new stake in shares of Grupo Supervielle during the 1st quarter valued at about $1,450,000. Finally, Y Intercept Hong Kong Ltd grew its position in Grupo Supervielle by 197.0% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 38,202 shares of the company’s stock worth $405,000 after purchasing an additional 25,340 shares during the period.

Grupo Supervielle Company Profile

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.