BTG Pactual Asset Management US LLC bought a new stake in Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,062 shares of the bank's stock, valued at approximately $315,000.
Other hedge funds also recently bought and sold shares of the company. R Squared Ltd bought a new stake in Grupo Financiero Galicia in the fourth quarter worth $27,000. CIBC Private Wealth Group LLC acquired a new position in shares of Grupo Financiero Galicia during the 4th quarter valued at about $34,000. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Grupo Financiero Galicia by 41.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,134 shares of the bank's stock valued at $136,000 after acquiring an additional 624 shares in the last quarter. Blue Trust Inc. lifted its holdings in Grupo Financiero Galicia by 78.8% in the 4th quarter. Blue Trust Inc. now owns 2,536 shares of the bank's stock worth $158,000 after purchasing an additional 1,118 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in Grupo Financiero Galicia during the fourth quarter worth approximately $167,000.
Grupo Financiero Galicia Stock Performance
Shares of NASDAQ:GGAL traded up $1.91 during trading on Friday, reaching $61.95. The stock had a trading volume of 1,326,994 shares, compared to its average volume of 1,097,418. The stock has a fifty day simple moving average of $56.34 and a two-hundred day simple moving average of $58.29. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.10. Grupo Financiero Galicia S.A. has a 52 week low of $23.53 and a 52 week high of $74.00. The firm has a market capitalization of $9.14 billion, a price-to-earnings ratio of 9.12 and a beta of 1.60.
About Grupo Financiero Galicia
(
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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