JPMorgan Chase & Co. trimmed its holdings in Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Free Report) by 44.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,358 shares of the bank's stock after selling 41,147 shares during the quarter. JPMorgan Chase & Co.'s holdings in Grupo Financiero Galicia were worth $3,201,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. R Squared Ltd purchased a new position in Grupo Financiero Galicia during the fourth quarter valued at $27,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Grupo Financiero Galicia by 41.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,134 shares of the bank's stock valued at $136,000 after purchasing an additional 624 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Grupo Financiero Galicia by 78.8% during the 4th quarter. Blue Trust Inc. now owns 2,536 shares of the bank's stock valued at $158,000 after purchasing an additional 1,118 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of Grupo Financiero Galicia during the fourth quarter valued at about $167,000. Finally, Burns Matteson Capital Management LLC bought a new stake in shares of Grupo Financiero Galicia in the fourth quarter worth about $216,000.
Grupo Financiero Galicia Price Performance
Shares of NASDAQ:GGAL traded up $1.47 during mid-day trading on Wednesday, reaching $64.39. The stock had a trading volume of 1,553,364 shares, compared to its average volume of 1,104,116. The company has a market cap of $9.50 billion, a P/E ratio of 9.48 and a beta of 1.60. The business's 50 day moving average price is $56.46 and its 200 day moving average price is $58.65. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.10. Grupo Financiero Galicia S.A. has a 1 year low of $23.53 and a 1 year 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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