Absolute Gestao de Investimentos Ltda. acquired a new position in shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 24,183 shares of the bank's stock, valued at approximately $1,507,000. Grupo Financiero Galicia accounts for about 0.6% of Absolute Gestao de Investimentos Ltda.'s holdings, making the stock its 19th biggest position.
Several other hedge funds also recently modified their holdings of GGAL. R Squared Ltd acquired a new stake in Grupo Financiero Galicia in the fourth quarter valued at approximately $27,000. CIBC Private Wealth Group LLC acquired a new stake in Grupo Financiero Galicia in the 4th quarter valued at $34,000. Compass Group LLC bought a new stake in Grupo Financiero Galicia during the 4th quarter valued at $67,000. GeoWealth Management LLC acquired a new position in Grupo Financiero Galicia during the fourth quarter worth $71,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Grupo Financiero Galicia by 41.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,134 shares of the bank's stock valued at $136,000 after buying an additional 624 shares in the last quarter.
Grupo Financiero Galicia Stock Down 0.0 %
Shares of NASDAQ:GGAL traded down $0.02 during midday trading on Thursday, hitting $58.33. 696,039 shares of the company's stock were exchanged, compared to its average volume of 1,093,455. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.11 and a quick ratio of 1.11. Grupo Financiero Galicia S.A. has a 12 month low of $23.53 and a 12 month high of $74.00. The company has a market cap of $8.60 billion, a PE ratio of 8.59 and a beta of 1.79. The stock has a 50 day moving average price of $56.91 and a 200-day moving average price of $59.54.
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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