Grupo Supervielle (NYSE:SUPV) Stock Rating Lowered by StockNews.com

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

SUPV has been the topic of several other reports. Morgan Stanley upgraded 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. JPMorgan Chase & Co. upgraded 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.

Grupo Supervielle Stock Up 8.0 %

NYSE:SUPV opened at $14.18 on Thursday. The stock’s fifty day moving average price is $15.53 and its two-hundred day moving average price is $12.00. Grupo Supervielle has a 52-week low of $4.87 and a 52-week high of $19.75. 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 company has a market cap of $1.25 billion, a price-to-earnings ratio of 19.69 and a beta of 2.02.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SUPV. SBI Securities Co. Ltd. bought a new position in Grupo Supervielle during the fourth quarter worth about $63,000. GAMMA Investing LLC lifted 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 acquiring an additional 4,349 shares in the last quarter. Centiva Capital LP bought a new position in Grupo Supervielle during the third quarter worth about $127,000. Dynamic Technology Lab Private Ltd bought a new position in Grupo Supervielle during the third quarter worth about $145,000. Finally, Stratos Wealth Advisors LLC bought a new position in Grupo Supervielle during the fourth quarter worth about $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.