Grupo Supervielle SA -ADR (NYSE:SUPV) traded down 6.4% during trading on Friday . The company traded as low as $5.29 and last traded at $5.29. 663,106 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 1,149,574 shares. The stock had previously closed at $5.65.
A number of equities research analysts have commented on the stock. ValuEngine downgraded shares of Grupo Supervielle from a “sell” rating to a “strong sell” rating in a research report on Wednesday, April 24th. Zacks Investment Research raised shares of Grupo Supervielle from a “sell” rating to a “hold” rating in a research report on Wednesday, April 24th. Finally, Bank of America downgraded shares of Grupo Supervielle from a “neutral” rating to an “underperform” rating in a research report on Thursday, February 21st. Four investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. Grupo Supervielle has an average rating of “Sell” and an average price target of $11.10.
The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.71. The stock has a market cap of $407.68 million, a P/E ratio of 6.94, a P/E/G ratio of 4.34 and a beta of -0.10.
The business also recently announced an annual dividend, which will be paid on Wednesday, May 22nd. Investors of record on Tuesday, May 14th will be given a $0.0746 dividend. This represents a dividend yield of 1.3%. This is an increase from Grupo Supervielle’s previous annual dividend of $0.06. The ex-dividend date of this dividend is Monday, May 13th. Grupo Supervielle’s dividend payout ratio (DPR) is 9.09%.
Several hedge funds and other institutional investors have recently bought and sold shares of SUPV. Financial Gravity Wealth Inc. purchased a new position in shares of Grupo Supervielle in the 1st quarter valued at $41,000. Financial Gravity Companies Inc. purchased a new position in shares of Grupo Supervielle in the 4th quarter valued at $67,000. Barclays PLC purchased a new position in shares of Grupo Supervielle in the 4th quarter valued at $68,000. NumerixS Investment Technologies Inc purchased a new position in shares of Grupo Supervielle in the 4th quarter valued at $79,000. Finally, Jane Street Group LLC purchased a new position in shares of Grupo Supervielle in the 4th quarter valued at $98,000. 30.56% of the stock is currently owned by hedge funds and other institutional investors.
Grupo Supervielle Company Profile (NYSE:SUPV)
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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