SMART Wealth LLC Acquires Shares of 4,739 Grupo Financiero Galicia S.A. (NASDAQ:GGAL)

SMART Wealth LLC bought a new stake in shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 4,739 shares of the bank's stock, valued at approximately $295,000.

A number of other large investors also recently made changes to their positions in GGAL. R Squared Ltd bought a new stake in Grupo Financiero Galicia in the fourth quarter valued at approximately $27,000. Mirae Asset Global Investments Co. Ltd. raised its stake in 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 worth $136,000 after buying an additional 624 shares during the period. Blue Trust Inc. lifted its holdings in Grupo Financiero Galicia by 78.8% during the fourth quarter. Blue Trust Inc. now owns 2,536 shares of the bank's stock worth $158,000 after acquiring an additional 1,118 shares in the last quarter. Alliance Wealth Advisors LLC UT bought a new stake in shares of Grupo Financiero Galicia in the fourth quarter worth about $218,000. Finally, NorthRock Partners LLC bought a new stake in shares of Grupo Financiero Galicia in the third quarter worth about $253,000.

Grupo Financiero Galicia Price Performance

Shares of GGAL stock traded down $4.51 on Tuesday, hitting $58.53. 1,749,582 shares of the stock were exchanged, compared to its average volume of 1,102,191. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.10. The business has a 50-day moving average of $65.51 and a 200 day moving average of $51.69. Grupo Financiero Galicia S.A. has a fifty-two week low of $18.55 and a fifty-two week high of $74.00.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on GGAL shares. StockNews.com downgraded Grupo Financiero Galicia from a "buy" rating to a "hold" rating in a report on Thursday, November 14th. Morgan Stanley upgraded Grupo Financiero Galicia from an "underweight" rating to an "overweight" rating and set a $92.00 price target for the company in a report on Monday, December 16th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $59.00.

Grupo Financiero Galicia Company Profile

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.