Grupo Supervielle (SUPV) Trading Down 4.7%

Shares of Grupo Supervielle (NYSE:SUPV) were down 4.7% during trading on Monday . The company traded as low as $13.96 and last traded at $12.98. Approximately 30,924 shares were traded during trading, a decline of 97% from the average daily volume of 1,141,060 shares. The stock had previously closed at $13.62.

A number of analysts recently commented on SUPV shares. Santander upgraded shares of Grupo Supervielle from a “hold” rating to a “buy” rating in a research note on Friday, May 11th. ValuEngine cut shares of Grupo Supervielle from a “buy” rating to a “hold” rating in a research note on Saturday, May 12th. Zacks Investment Research cut shares of Grupo Supervielle from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 19th. Finally, UBS Group cut shares of Grupo Supervielle from a “neutral” rating to a “sell” rating in a research note on Monday. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Grupo Supervielle has an average rating of “Hold” and a consensus price target of $28.75.

The company has a market cap of $1.02 billion and a P/E ratio of 7.15. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.15 and a current ratio of 1.15.

The company also recently announced a special dividend, which was paid on Wednesday, May 30th. Shareholders of record on Monday, May 21st were paid a $0.115 dividend. The ex-dividend date of this dividend was Friday, May 18th. Grupo Supervielle’s dividend payout ratio is presently 5.85%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Discovery Capital Management LLC CT lifted its stake in Grupo Supervielle by 6.7% in the 4th quarter. Discovery Capital Management LLC CT now owns 2,538,073 shares of the company’s stock worth $74,416,000 after purchasing an additional 159,200 shares in the last quarter. Teachers Advisors LLC lifted its stake in Grupo Supervielle by 48.5% in the 4th quarter. Teachers Advisors LLC now owns 1,676,865 shares of the company’s stock worth $49,166,000 after purchasing an additional 547,635 shares in the last quarter. William Blair Investment Management LLC lifted its stake in Grupo Supervielle by 137.7% in the 4th quarter. William Blair Investment Management LLC now owns 1,643,382 shares of the company’s stock worth $48,183,000 after purchasing an additional 951,932 shares in the last quarter. Artisan Partners Limited Partnership lifted its stake in Grupo Supervielle by 32.4% in the 1st quarter. Artisan Partners Limited Partnership now owns 1,580,855 shares of the company’s stock worth $47,963,000 after purchasing an additional 386,985 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Grupo Supervielle by 1.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,371,840 shares of the company’s stock worth $40,222,000 after purchasing an additional 21,151 shares in the last quarter. Institutional investors and hedge funds own 56.44% 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.

Receive News & Ratings for Grupo Supervielle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Supervielle and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply