Eurizon Capital SGR S.p.A. acquired a new position in shares of Grupo Supervielle S.A. (NYSE:SUPV – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 105,175 shares of the company’s stock, valued at approximately $1,243,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Insigneo Advisory Services LLC raised its position in Grupo Supervielle by 5.6% in the third quarter. Insigneo Advisory Services LLC now owns 101,363 shares of the company’s stock valued at $502,000 after purchasing an additional 5,361 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Grupo Supervielle by 29.3% during the second quarter. Cetera Investment Advisers now owns 26,500 shares of the company’s stock worth $281,000 after purchasing an additional 6,000 shares during the last quarter. Paradiem LLC grew its holdings in shares of Grupo Supervielle by 13.8% during the fourth quarter. Paradiem LLC now owns 83,589 shares of the company’s stock worth $988,000 after purchasing an additional 10,155 shares during the last quarter. Schonfeld Strategic Advisors LLC acquired a new position in shares of Grupo Supervielle in the third quarter valued at approximately $91,000. Finally, Centiva Capital LP acquired a new position in shares of Grupo Supervielle in the third quarter valued at approximately $101,000.
Analysts Set New Price Targets
Several research firms recently commented on SUPV. JPMorgan Chase & Co. cut their target price on shares of Grupo Supervielle from $12.00 to $11.00 and set a “neutral” rating on the stock in a research report on Thursday, February 19th. Wall Street Zen raised shares of Grupo Supervielle from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Grupo Supervielle in a report on Friday, April 17th. Finally, Zacks Research raised shares of Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 7th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Grupo Supervielle presently has an average rating of “Hold” and an average price target of $13.00.
Grupo Supervielle Price Performance
SUPV stock opened at $10.01 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.65. The firm has a market cap of $876.11 million, a price-to-earnings ratio of -16.96 and a beta of 1.57. The company’s fifty day simple moving average is $8.85 and its 200 day simple moving average is $10.10. Grupo Supervielle S.A. has a 12-month low of $4.54 and a 12-month high of $13.55.
Grupo Supervielle (NYSE:SUPV – Get Free Report) last issued its quarterly earnings results on Sunday, February 15th. The company reported ($0.03) EPS for the quarter. Grupo Supervielle had a negative net margin of 3.46% and a negative return on equity of 4.40%. The firm had revenue of $145.40 million for the quarter. On average, analysts expect that Grupo Supervielle S.A. will post 0.61 earnings per share for the current year.
Grupo Supervielle Profile
Grupo Supervielle (NYSE: SUPV) is a diversified Argentine financial services holding company headquartered in Buenos Aires. Through its principal subsidiary, Banco Supervielle, the group offers retail and commercial banking products including checking and savings accounts, consumer and corporate loans, credit and debit cards, treasury services and foreign exchange solutions. These services cater to individual customers, small and medium-sized enterprises and larger corporates throughout Argentina’s provincial and urban centers.
Beyond traditional banking, Grupo Supervielle operates in insurance and asset management.
Featured Articles
- Five stocks we like better than Grupo Supervielle
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
- HubSpot Just Crushed the Bear Case—Is a Bigger Rally Ahead?
- Aggressive Insider Buying Signals Opportunity in 3 Risky Stocks
Want to see what other hedge funds are holding SUPV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grupo Supervielle S.A. (NYSE:SUPV – Free Report).
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.
