Grupo Supervielle (SUPV) Shares Down 6.4%

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.



Grupo Supervielle (NYSE:SUPV) last posted its earnings results on Thursday, March 7th. The company reported $0.21 EPS for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.02). The company had revenue of $102.72 million during the quarter, compared to analysts’ expectations of $167.20 million. Grupo Supervielle had a net margin of 5.48% and a return on equity of 12.34%. On average, analysts anticipate that Grupo Supervielle SA -ADR will post 1.06 EPS for the current year.

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.

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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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