X Square Capital LLC purchased a new position in shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,500 shares of the bank’s stock, valued at approximately $316,000.
Several other hedge funds also recently made changes to their positions in GGAL. Blue Trust Inc. bought a new position in shares of Grupo Financiero Galicia during the 2nd quarter worth approximately $40,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Grupo Financiero Galicia during the 2nd quarter worth approximately $51,000. Headlands Technologies LLC bought a new position in shares of Grupo Financiero Galicia in the first quarter valued at $67,000. Banco Santander S.A. bought a new position in shares of Grupo Financiero Galicia in the second quarter valued at $211,000. Finally, Claro Advisors LLC bought a new position in shares of Grupo Financiero Galicia in the first quarter valued at $235,000.
Grupo Financiero Galicia Price Performance
GGAL stock opened at $49.77 on Thursday. The company has a fifty day moving average price of $42.70 and a two-hundred day moving average price of $35.36. Grupo Financiero Galicia S.A. has a one year low of $10.76 and a one year high of $51.09. The stock has a market cap of $7.34 billion, a price-to-earnings ratio of 6.90 and a beta of 1.93.
Grupo Financiero Galicia Increases Dividend
Wall Street Analyst Weigh In
GGAL has been the subject of several analyst reports. JPMorgan Chase & Co. raised shares of Grupo Financiero Galicia from an “underweight” rating to an “overweight” rating and set a $54.00 target price for the company in a research note on Friday, August 30th. Bank of America raised shares of Grupo Financiero Galicia from an “underperform” rating to a “buy” rating and raised their target price for the company from $28.00 to $36.00 in a research note on Thursday, August 8th. StockNews.com raised shares of Grupo Financiero Galicia from a “hold” rating to a “buy” rating in a research note on Thursday, August 29th. Finally, Citigroup raised shares of Grupo Financiero Galicia from a “neutral” rating to a “buy” rating and set a $54.00 target price for the company in a research note on Wednesday, September 4th.
Check Out Our Latest Research Report on Grupo Financiero Galicia
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.
Featured Articles
- Five stocks we like better than Grupo Financiero Galicia
- How to Invest in Blue Chip Stocks
- Goldman’s Lost Decade Forecast: These 3 Growth Stocks Can Win
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- WD-40 Company Gears Up for a Double-Digit Stock Advance
- Insider Buying Explained: What Investors Need to Know
- Monster and Celsius Energized: Which Stock Offers More Upside?
Receive News & Ratings for Grupo Financiero Galicia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Financiero Galicia and related companies with MarketBeat.com's FREE daily email newsletter.