Grupo Supervielle (NYSE:SUPV) Cut to Sell at StockNews.com

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

Grupo Supervielle Trading Up 0.9%

NYSE:SUPV opened at $15.95 on Monday. Grupo Supervielle has a one year low of $5.00 and a one year high of $19.75. The business’s 50-day simple moving average is $13.92 and its 200 day simple moving average is $13.93. 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 stock has a market cap of $1.41 billion, a price-to-earnings ratio of 22.15 and a beta of 1.93.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC raised its stake in shares of Grupo Supervielle by 10.2% during the first quarter. GAMMA Investing LLC now owns 7,958 shares of the company’s stock valued at $104,000 after purchasing an additional 737 shares in the last quarter. NewEdge Advisors LLC lifted its position in Grupo Supervielle by 4.9% in the fourth quarter. NewEdge Advisors LLC now owns 18,619 shares of the company’s stock worth $281,000 after purchasing an additional 867 shares during the period. Insigneo Advisory Services LLC boosted its stake in Grupo Supervielle by 11.1% during the 1st quarter. Insigneo Advisory Services LLC now owns 36,209 shares of the company’s stock valued at $473,000 after purchasing an additional 3,604 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in Grupo Supervielle during the fourth quarter valued at about $63,000. Finally, TT International Asset Management LTD boosted its position in shares of Grupo Supervielle by 5.1% during the 1st quarter. TT International Asset Management LTD now owns 122,035 shares of the company’s stock valued at $1,594,000 after purchasing an additional 5,949 shares in the last quarter.

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.