Diversify Wealth Management LLC grew its holdings in Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Free Report) by 15.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 32,128 shares of the bank's stock after purchasing an additional 4,309 shares during the period. Diversify Wealth Management LLC's holdings in Grupo Financiero Galicia were worth $2,002,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of GGAL. NorthRock Partners LLC acquired a new position in Grupo Financiero Galicia during the 3rd quarter worth about $253,000. Harbour Capital Advisors LLC acquired a new position in Grupo Financiero Galicia during the 4th quarter worth about $386,000. XTX Topco Ltd acquired a new position in shares of Grupo Financiero Galicia in the 3rd quarter valued at about $266,000. Quadrature Capital Ltd acquired a new position in shares of Grupo Financiero Galicia in the 3rd quarter valued at about $278,000. Finally, X Square Capital LLC acquired a new position in shares of Grupo Financiero Galicia in the 3rd quarter valued at about $316,000.
Grupo Financiero Galicia Trading Up 3.5 %
GGAL traded up $2.38 during midday trading on Tuesday, reaching $69.45. 471,701 shares of the company were exchanged, compared to its average volume of 1,173,880. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.11 and a current ratio of 1.11. The company's fifty day moving average price is $62.48 and its 200 day moving average price is $47.88. Grupo Financiero Galicia S.A. has a one year low of $17.27 and a one year high of $74.00.
Analyst Ratings Changes
A number of research analysts have recently issued reports on the company. Morgan Stanley raised Grupo Financiero Galicia from an "underweight" rating to an "overweight" rating and set a $92.00 price objective on the stock in a research note on Monday, December 16th. StockNews.com lowered Grupo Financiero Galicia from a "buy" rating to a "hold" rating in a research report on Thursday, November 14th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Grupo Financiero Galicia presently has an average rating of "Moderate Buy" and an average price target of $59.00.
Read Our Latest Research Report on Grupo Financiero Galicia
Grupo Financiero Galicia Company 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.
See Also
Before you consider Grupo Financiero Galicia, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grupo Financiero Galicia wasn't on the list.
While Grupo Financiero Galicia currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
