Grupo Supervielle (SUPV) Sets New 1-Year High and Low at $16.32

Grupo Supervielle (NYSE:SUPV) shares reached a new 52-week high and low on Thursday . The company traded as low as $16.32 and last traded at $15.22, with a volume of 41786 shares changing hands. The stock had previously closed at $16.82.

A number of research firms have weighed in on SUPV. ValuEngine cut shares of Grupo Supervielle from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd. Zacks Investment Research cut shares of Grupo Supervielle from a “strong-buy” rating to a “hold” rating in a report on Saturday, May 19th. Finally, Santander raised shares of Grupo Supervielle from a “hold” rating to a “buy” rating in a report on Friday, May 11th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $28.75.

The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.05. The firm has a market cap of $1.39 billion and a price-to-earnings ratio of 7.93.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quantbot Technologies LP grew its position in shares of Grupo Supervielle by 188.2% in the first quarter. Quantbot Technologies LP now owns 4,945 shares of the company’s stock valued at $150,000 after purchasing an additional 3,229 shares during the period. Citadel Advisors LLC acquired a new position in Grupo Supervielle during the fourth quarter worth about $303,000. DekaBank Deutsche Girozentrale acquired a new position in Grupo Supervielle during the first quarter worth about $428,000. Guggenheim Capital LLC acquired a new position in Grupo Supervielle during the fourth quarter worth about $465,000. Finally, Eaton Vance Management acquired a new position in Grupo Supervielle during the fourth quarter worth about $546,000. Institutional investors and hedge funds own 56.97% of the company’s stock.

About Grupo Supervielle

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