Grupo Supervielle (NYSE:SUPV) Upgraded by StockNews.com to “Hold” Rating

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

SUPV has been the subject of several other reports. JPMorgan Chase & Co. upgraded shares of Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 target price for the company in a research report on Thursday, December 12th. Morgan Stanley upgraded shares of Grupo Supervielle from an “underweight” rating to an “overweight” rating and set a $19.00 price objective on the stock in a report on Monday, December 16th.

Grupo Supervielle Trading Up 5.5 %

NYSE:SUPV opened at $14.33 on Friday. The firm’s 50 day moving average is $15.06 and its 200 day moving average is $12.30. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.07. Grupo Supervielle has a 12 month low of $5.00 and a 12 month high of $19.75. The stock has a market capitalization 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 bought and sold shares of the stock. SBI Securities Co. Ltd. bought a new stake in shares of Grupo Supervielle in the 4th quarter worth about $63,000. GAMMA Investing LLC lifted its position in shares of Grupo Supervielle by 151.4% in the 4th 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. Centiva Capital LP purchased a new stake in Grupo Supervielle during the third quarter valued at approximately $127,000. Dynamic Technology Lab Private Ltd purchased a new stake in Grupo Supervielle during the third quarter valued at approximately $145,000. Finally, Stratos Wealth Advisors LLC purchased a new stake in Grupo Supervielle during the fourth quarter valued at approximately $151,000.

About Grupo Supervielle

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.