BNP Paribas Financial Markets cut its position in shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Free Report) by 34.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 411,689 shares of the bank's stock after selling 213,314 shares during the quarter. BNP Paribas Financial Markets owned 0.28% of Grupo Financiero Galicia worth $25,656,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. R Squared Ltd bought a new position in shares of Grupo Financiero Galicia in the 4th quarter worth about $27,000. CIBC Private Wealth Group LLC bought a new stake in shares of Grupo Financiero Galicia during the 4th quarter worth $34,000. Compass Group LLC acquired a new stake in Grupo Financiero Galicia during the 4th quarter valued at $67,000. GeoWealth Management LLC purchased a new position in Grupo Financiero Galicia during the fourth quarter valued at approximately $71,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted 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 buying an additional 624 shares during the last quarter.
Grupo Financiero Galicia Stock Up 0.7 %
Shares of NASDAQ:GGAL traded up $0.38 on Friday, reaching $58.81. The company had a trading volume of 1,506,650 shares, compared to its average volume of 1,099,831. Grupo Financiero Galicia S.A. has a twelve month low of $23.53 and a twelve month high of $74.00. The stock has a 50-day moving average price of $57.00 and a 200 day moving average price of $59.72. 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 stock has a market capitalization of $8.67 billion, a P/E ratio of 8.66 and a beta of 1.79.
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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