Grupo Supervielle S.A. (NYSE:SUPV – Get Free Report)’s stock price reached a new 52-week high during trading on Friday . The stock 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.
Analyst Ratings Changes
Separately, Bank of America upgraded shares of Grupo Supervielle from an “underperform” rating to a “neutral” rating and set a $7.00 price target on the stock in a research report on Thursday, August 8th.
Check Out Our Latest Analysis on Grupo Supervielle
Grupo Supervielle Trading Up 2.7 %
Grupo Supervielle (NYSE:SUPV – Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.04. The firm had revenue of $276.87 million for the quarter. Grupo Supervielle had a net margin of 5.56% and a return on equity of 19.09%. On average, equities analysts expect that Grupo Supervielle S.A. will post 1.29 earnings per share for the current year.
Institutional Trading of Grupo Supervielle
A number of large investors have recently bought and sold shares of SUPV. Acadian Asset Management LLC bought a new stake in shares of Grupo Supervielle in the 1st quarter worth about $173,000. Quadrature Capital Ltd increased its holdings in shares of Grupo Supervielle by 162.4% during the fourth quarter. Quadrature Capital Ltd now owns 41,080 shares of the company’s stock worth $168,000 after buying an additional 25,425 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Grupo Supervielle by 1,262.1% during the first quarter. BNP Paribas Financial Markets now owns 17,735 shares of the company’s stock worth $101,000 after buying an additional 16,433 shares in the last quarter. Mak Capital One LLC raised its stake in shares of Grupo Supervielle by 37.6% in the second quarter. Mak Capital One LLC now owns 2,054,581 shares of the company’s stock valued at $13,930,000 after acquiring an additional 561,720 shares during the last quarter. Finally, Ping Capital Management Inc. acquired a new position in shares of Grupo Supervielle in the 2nd quarter worth approximately $2,178,000.
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.
Further Reading
- Five stocks we like better than Grupo Supervielle
- High Flyers: 3 Natural Gas Stocks for March 2022
- Texas Roadhouse Stock Steering for New Highs This Year
- Canada Bond Market Holiday: How to Invest and Trade
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- 5 discounted opportunities for dividend growth investors
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for Grupo Supervielle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Supervielle and related companies with MarketBeat.com's FREE daily email newsletter.