Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) hit a new 52-week high on Friday . The company traded as high as $8.76 and last traded at $8.75, with a volume of 458206 shares changing hands. The stock had previously closed at $8.45.
Analysts Set New Price Targets
Separately, Bank of America raised Grupo Supervielle from an "underperform" rating to a "neutral" rating and set a $7.00 target price for the company in a research note on Thursday, August 8th.
Check Out Our Latest Analysis on Grupo Supervielle
Grupo Supervielle Price Performance
The firm's 50 day simple moving average is $7.64 and its two-hundred day simple moving average is $6.89. The firm has a market capitalization of $806.53 million, a P/E ratio of 8.41 and a beta of 2.03.
Grupo Supervielle (NYSE:SUPV - Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.18 by $0.04. The firm had revenue of $276.87 million for the quarter. Grupo Supervielle had a return on equity of 19.09% and a net margin of 5.56%. As a group, equities research analysts forecast that Grupo Supervielle S.A. will post 1.29 EPS for the current year.
Institutional Investors Weigh In On Grupo Supervielle
Institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its position in Grupo Supervielle by 1,262.1% during the 1st quarter. BNP Paribas Financial Markets now owns 17,735 shares of the company's stock valued at $101,000 after purchasing an additional 16,433 shares during the last quarter. Quadrature Capital Ltd boosted its holdings in Grupo Supervielle by 162.4% in the fourth quarter. Quadrature Capital Ltd now owns 41,080 shares of the company's stock valued at $168,000 after acquiring an additional 25,425 shares in the last quarter. Acadian Asset Management LLC bought a new stake in Grupo Supervielle in the first quarter valued at $173,000. Caxton Associates LP bought a new position in Grupo Supervielle in the first quarter worth about $273,000. Finally, Precision Wealth Strategies LLC purchased a new position in shares of Grupo Supervielle in the 3rd quarter valued at approximately $317,000.
About Grupo Supervielle
(
Get Free Report)
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.
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