Virtu Financial LLC bought a new position in shares of Grupo Supervielle SA -ADR (NYSE:SUPV) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 29,460 shares of the company’s stock, valued at approximately $179,000.
Other hedge funds have also recently bought and sold shares of the company. Financial Gravity Companies Inc. bought a new stake in Grupo Supervielle in the fourth quarter worth about $67,000. Barclays PLC bought a new stake in Grupo Supervielle in the fourth quarter worth about $68,000. NumerixS Investment Technologies Inc bought a new stake in Grupo Supervielle in the fourth quarter worth about $79,000. Jane Street Group LLC bought a new stake in Grupo Supervielle in the fourth quarter worth about $98,000. Finally, Legal & General Group Plc purchased a new position in shares of Grupo Supervielle during the third quarter worth approximately $108,000. Hedge funds and other institutional investors own 30.56% of the company’s stock.
SUPV stock traded down $0.22 during trading on Wednesday, hitting $5.88. 1,244,118 shares of the company’s stock traded hands, compared to its average volume of 1,156,280. The firm has a market cap of $443.84 million, a price-to-earnings ratio of 7.64, a PEG ratio of 4.14 and a beta of -0.10. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.71. Grupo Supervielle SA -ADR has a 1 year low of $4.30 and a 1 year high of $20.31.
Grupo Supervielle (NYSE:SUPV) last issued its quarterly earnings data on Thursday, March 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.02). The business had revenue of $102.72 million for the quarter, compared to analysts’ expectations of $167.20 million. Grupo Supervielle had a net margin of 5.48% and a return on equity of 12.34%. Analysts anticipate that Grupo Supervielle SA -ADR will post 1.06 EPS for the current fiscal year.
The company also recently declared an annual dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Tuesday, May 14th will be issued a $0.0746 dividend. This is a positive change from Grupo Supervielle’s previous annual dividend of $0.06. This represents a yield of 1.3%. The ex-dividend date is Monday, May 13th. Grupo Supervielle’s payout ratio is currently 9.09%.
A number of equities analysts have recently commented on SUPV shares. Bank of America lowered shares of Grupo Supervielle from a “neutral” rating to an “underperform” rating in a research report on Thursday, February 21st. Zacks Investment Research lowered shares of Grupo Supervielle from a “hold” rating to a “sell” rating in a research report on Tuesday, April 16th. Finally, ValuEngine lowered shares of Grupo Supervielle from a “sell” rating to a “strong sell” rating in a research report on Wednesday, April 24th. Four analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. Grupo Supervielle presently has a consensus rating of “Sell” and a consensus target price of $11.10.
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Grupo Supervielle Profile
Grupo Supervielle SA, a financial services holding company, provides banking products and services in Argentina. The company operates through Retail Banking, Corporate Banking, Treasury, Consumer Finance, Insurance, and Asset Management & Other Services segments. It accepts deposit accounts; and offers personal loans, foreign trade finance, and loans to the middle and lower-middle-income sectors.
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