Aigen Investment Management LP bought a new stake in Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,472 shares of the bank's stock, valued at approximately $466,000.
A number of other institutional investors also recently bought and sold shares of GGAL. JPMorgan Chase & Co. increased its stake in shares of Grupo Financiero Galicia by 267.2% during the third quarter. JPMorgan Chase & Co. now owns 92,505 shares of the bank's stock worth $3,894,000 after buying an additional 67,312 shares during the period. SMART Wealth LLC acquired a new position in shares of Grupo Financiero Galicia during the fourth quarter worth about $295,000. Verde Servicos Internacionais S.A. purchased a new position in Grupo Financiero Galicia in the fourth quarter worth $686,000. Deltec Asset Management LLC acquired a new stake in shares of Grupo Financiero Galicia in the fourth quarter valued at about $262,000. Finally, Nkcfo LLC purchased a new position in Grupo Financiero Galicia during the 4th quarter valued at about $312,000.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on GGAL shares. StockNews.com downgraded shares of Grupo Financiero Galicia from a "buy" rating to a "hold" rating in a research note on Thursday, November 14th. Morgan Stanley raised Grupo Financiero Galicia from an "underweight" rating to an "overweight" rating and set a $92.00 target price on the stock in a research report on Monday, December 16th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, Grupo Financiero Galicia presently has an average rating of "Moderate Buy" and an average price target of $59.00.
Check Out Our Latest Analysis on Grupo Financiero Galicia
Grupo Financiero Galicia Stock Down 4.0 %
NASDAQ:GGAL traded down $2.29 during trading hours on Monday, reaching $55.34. 194,260 shares of the stock were exchanged, compared to its average volume of 1,033,595. The firm has a 50 day moving average of $64.09 and a 200 day moving average of $55.52. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.11 and a quick ratio of 1.11. The stock has a market cap of $8.16 billion, a PE ratio of 8.17 and a beta of 1.85. Grupo Financiero Galicia S.A. has a twelve month low of $21.60 and a twelve month high of $74.00.
Grupo Financiero Galicia Profile
(
Free Report)
Grupo Financiero Galicia SA, a financial service holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Banks, NaranjaX, Insurance, and Other Businesses segments. It also offers personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services, as well as savings, deposits, and checking accounts related services.
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