Grupo Supervielle SA -ADR (SUPV) Given Average Recommendation of “Hold” by Brokerages

Shares of Grupo Supervielle SA -ADR (NYSE:SUPV) have earned an average rating of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $12.13.

A number of equities research analysts recently issued reports on SUPV shares. Bank of America lowered Grupo Supervielle from a “neutral” rating to an “underperform” rating in a research report on Thursday, February 21st. Citigroup lowered Grupo Supervielle from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 8th. Finally, Zacks Investment Research raised Grupo Supervielle from a “hold” rating to a “buy” rating and set a $9.00 target price on the stock in a research report on Wednesday, December 19th.

A number of hedge funds have recently bought and sold shares of the business. Pelham Global Financials Ltd. grew its stake in Grupo Supervielle by 22.6% in the fourth quarter. Pelham Global Financials Ltd. now owns 1,613,138 shares of the company’s stock valued at $14,002,000 after purchasing an additional 297,800 shares in the last quarter. RWC Asset Management LLP bought a new position in shares of Grupo Supervielle during the 4th quarter worth approximately $11,630,000. TIAA CREF Investment Management LLC boosted its stake in shares of Grupo Supervielle by 29.1% during the 3rd 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 during the period. Brown Advisory Inc. boosted its stake in shares of Grupo Supervielle by 28.9% during the 3rd quarter. Brown Advisory Inc. now owns 900,593 shares of the company’s stock worth $6,908,000 after acquiring an additional 201,920 shares during the period. Finally, Highland Capital Management LP boosted its stake in shares of Grupo Supervielle by 23.7% during the 3rd 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 during the period. Hedge funds and other institutional investors own 29.86% of the company’s stock.

Grupo Supervielle stock traded down $0.25 during midday trading on Thursday, reaching $7.19. The stock had a trading volume of 1,142,881 shares, compared to its average volume of 841,640. Grupo Supervielle has a 1-year low of $4.91 and a 1-year high of $31.55. The firm has a market cap of $541.33 million, a PE ratio of 9.34, a P/E/G ratio of 5.75 and a beta of 0.12. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.19 and a current ratio of 1.19.

Grupo Supervielle Company Profile

Grupo Supervielle SA engages in the provision of banking services. It operates through the following segments: Retail Banking, Corporate Banking, Treasury, Consumer Finance, Insurance and Asset Management and Other Services. The Retail Banking segment involves in personal loans, deposit accounts, purchase and sale of foreign exchange and precious metals and credits cards.

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Analyst Recommendations for Grupo Supervielle (NYSE:SUPV)

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