Grupo Supervielle (NYSE:SUPV) Rating Increased to Hold at StockNews.com

StockNews.com upgraded shares of Grupo Supervielle (NYSE:SUPV) from a sell rating to a hold rating in a research report sent to investors on Friday.

A number of other equities analysts also recently weighed in on SUPV. JPMorgan Chase & Co. raised Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 price target on the stock in a research report on Thursday, December 12th. Morgan Stanley raised Grupo Supervielle from an “underweight” rating to an “overweight” rating and set a $19.00 price target on the stock in a research report on Monday, December 16th.

Grupo Supervielle Stock Performance

SUPV opened at $14.33 on Friday. Grupo Supervielle has a 52-week low of $5.00 and a 52-week high of $19.75. The firm has a market capitalization of $1.27 billion, a PE ratio of 19.90 and a beta of 2.02. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.86 and a current ratio of 0.86. The business’s 50-day simple moving average is $15.06 and its 200 day simple moving average is $12.23.

Hedge Funds Weigh In On Grupo Supervielle

Several institutional investors and hedge funds have recently made changes to their positions in SUPV. SBI Securities Co. Ltd. acquired a new position in shares of Grupo Supervielle in the fourth quarter valued at approximately $63,000. GAMMA Investing LLC grew its position in shares of Grupo Supervielle by 151.4% in the fourth quarter. GAMMA Investing LLC now owns 7,221 shares of the company’s stock valued at $109,000 after purchasing an additional 4,349 shares during the last quarter. Centiva Capital LP acquired a new position in shares of Grupo Supervielle in the third quarter valued at approximately $127,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Grupo Supervielle in the third quarter valued at approximately $145,000. Finally, Stratos Wealth Advisors LLC bought a new stake in shares of Grupo Supervielle in the fourth quarter valued at approximately $151,000.

Grupo Supervielle Company Profile

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.