Grupo Supervielle (NYSE:SUPV) Raised to “Hold” at StockNews.com

Grupo Supervielle (NYSE:SUPV) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued on Friday.

Other research analysts have also recently issued reports about the stock. Morgan Stanley raised shares of 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. JPMorgan Chase & Co. upgraded Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 price target for the company in a research note on Thursday, December 12th.

Grupo Supervielle Trading Up 5.5 %

Shares of SUPV opened at $14.33 on Friday. Grupo Supervielle has a 12 month low of $5.00 and a 12 month high of $19.75. The stock’s 50-day moving average is $15.06 and its two-hundred day moving average is $12.26. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market cap of $1.27 billion, a PE ratio of 19.90 and a beta of 2.02.

Institutional Trading of Grupo Supervielle

Several hedge funds have recently made changes to their positions in the stock. SBI Securities Co. Ltd. bought a new position in Grupo Supervielle in the 4th quarter worth about $63,000. GAMMA Investing LLC boosted 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 buying an additional 4,349 shares in the last quarter. Stratos Wealth Advisors LLC bought a new stake in shares of Grupo Supervielle during the 4th quarter worth $151,000. Y Intercept Hong Kong Ltd purchased a new position in Grupo Supervielle in the 4th quarter worth about $235,000. Finally, XTX Topco Ltd purchased a new position in shares of Grupo Supervielle in the fourth quarter worth approximately $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.