Grupo Supervielle (NYSE:SUPV) Stock Price Down 4% - Should You Sell?
Grupo Supervielle (NYSE:SUPV) shares fell 4% to $12.13, with trading volume down 77% from average levels. The company reported a Q1 EPS of $0.09, missing estimates, and had a net margin of 5.80%. Analysts predict an EPS of 1.5 for the year. The company recently increased its annual dividend to $0.187 per share, yielding 1.18%. Despite a Hold rating from Wall Street, some analysts suggest better investment options than Grupo Supervielle.
Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) traded down 4% on Wednesday . The company traded as low as $12.21 and last traded at $12.13. 262,923 shares were traded during mid-day trading, a decline of 77% from the average session volume of 1,159,678 shares. The stock had previously closed at $12.63.
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Analyst Ratings Changes
Separately, Wall Street Zen upgraded Grupo Supervielle from a "sell" rating to a "hold" rating in a report on Friday, May 30th.
Check Out Our Latest Stock Analysis on Grupo Supervielle
Grupo Supervielle Trading Down 5.6%
The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.07. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 16.56 and a beta of 1.93. The business's fifty day simple moving average is $14.32 and its two-hundred day simple moving average is $14.50.
Grupo Supervielle (NYSE:SUPV - Get Free Report) last released its earnings results on Tuesday, May 27th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.06). Grupo Supervielle had a net margin of 5.80% and a return on equity of 15.92%. The business had revenue of $180.66 billion during the quarter, compared to analyst estimates of $258.16 billion. On average, equities analysts predict that Grupo Supervielle S.A. will post 1.5 EPS for the current year.
Grupo Supervielle Increases Dividend
The business also recently announced an annual dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th were paid a dividend of $0.187 per share. The ex-dividend date of this dividend was Monday, May 19th. This represents a dividend yield of 1.18%. This is a positive change from Grupo Supervielle's previous annual dividend of $0.16. Grupo Supervielle's dividend payout ratio (DPR) is 24.32%.
Institutional Trading of Grupo Supervielle
Hedge funds have recently bought and sold shares of the stock. Stratos Wealth Advisors LLC bought a new stake in shares of Grupo Supervielle during the fourth quarter worth $151,000. Y Intercept Hong Kong Ltd bought a new stake in Grupo Supervielle during the fourth quarter worth about $235,000. RWC Asset Management LLP bought a new stake in shares of Grupo Supervielle during the 4th quarter valued at approximately $11,251,000. SBI Securities Co. Ltd. acquired a new position in shares of Grupo Supervielle in the fourth quarter valued at approximately $63,000. Finally, JPMorgan Chase & Co. lifted its holdings in Grupo Supervielle by 12.2% in the fourth quarter. JPMorgan Chase & Co. now owns 420,286 shares of the company's stock valued at $6,351,000 after buying an additional 45,771 shares during the period.
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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