Driehaus Capital Management LLC reduced its holdings in shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Free Report) by 17.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 990,763 shares of the bank's stock after selling 202,466 shares during the quarter. Driehaus Capital Management LLC owned 0.67% of Grupo Financiero Galicia worth $61,744,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of GGAL. Townsquare Capital LLC boosted its stake in Grupo Financiero Galicia by 1.2% during the 4th quarter. Townsquare Capital LLC now owns 22,975 shares of the bank's stock valued at $1,432,000 after acquiring an additional 283 shares during the last quarter. R Squared Ltd bought a new position in shares of Grupo Financiero Galicia during the 4th quarter valued at about $27,000. CIBC Private Wealth Group LLC purchased a new position in shares of Grupo Financiero Galicia in the fourth quarter worth approximately $34,000. Commonwealth Equity Services LLC boosted its holdings in shares of Grupo Financiero Galicia by 11.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 6,102 shares of the bank's stock worth $380,000 after purchasing an additional 618 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in 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 acquiring an additional 624 shares during the last quarter.
Grupo Financiero Galicia Stock Performance
GGAL stock traded up $2.85 on Monday, reaching $61.66. 1,756,502 shares of the company were exchanged, compared to its average volume of 1,102,462. Grupo Financiero Galicia S.A. has a 12 month low of $23.53 and a 12 month high of $74.00. The stock's fifty day moving average price is $57.00 and its 200 day moving average price is $59.77. The firm has a market capitalization of $9.09 billion, a PE ratio of 9.08 and a beta of 1.79. 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 Company Profile
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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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