StockNews.com Downgrades Grupo Supervielle (NYSE:SUPV) to Sell

Grupo Supervielle (NYSE:SUPV) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday.

SUPV has been the topic of several other research reports. 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 note on Thursday, December 12th. Morgan Stanley raised Grupo Supervielle from an “underweight” rating to an “overweight” rating and set a $19.00 target price on the stock in a research report on Monday, December 16th.

Grupo Supervielle Stock Performance

SUPV opened at $14.18 on Thursday. The business’s 50-day moving average price is $15.53 and its two-hundred day moving average price is $12.00. Grupo Supervielle has a 1 year low of $4.87 and a 1 year high of $19.75. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 19.69 and a beta of 2.02. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.86 and a quick ratio of 0.86.

Institutional Trading of Grupo Supervielle

Hedge funds and other institutional investors have recently modified their holdings of the stock. SBI Securities Co. Ltd. acquired a new stake in shares of Grupo Supervielle in the fourth quarter valued at about $63,000. GAMMA Investing LLC grew its holdings in Grupo Supervielle by 151.4% during the fourth quarter. GAMMA Investing LLC now owns 7,221 shares of the company’s stock worth $109,000 after purchasing an additional 4,349 shares during the period. Stratos Wealth Advisors LLC bought a new position in Grupo Supervielle during the fourth quarter worth about $151,000. Y Intercept Hong Kong Ltd bought a new position in Grupo Supervielle during the fourth quarter worth about $235,000. Finally, XTX Topco Ltd bought a new position in Grupo Supervielle during the fourth quarter worth about $258,000.

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.