GeoWealth Management LLC Acquires New Position in Grupo Financiero Galicia S.A. (NASDAQ:GGAL)

GeoWealth Management LLC bought a new position in Grupo Financiero Galicia S.A. (NASDAQ:GGAL) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,132 shares of the bank’s stock, valued at approximately $71,000.

Other institutional investors have also modified their holdings of the company. Canada Pension Plan Investment Board bought a new position in Grupo Financiero Galicia in the fourth quarter worth approximately $78,711,000. NewEdge Advisors LLC bought a new position in shares of Grupo Financiero Galicia during the 4th quarter worth $225,000. Insigneo Advisory Services LLC grew its position in shares of Grupo Financiero Galicia by 30.3% during the 4th quarter. Insigneo Advisory Services LLC now owns 12,449 shares of the bank’s stock worth $776,000 after buying an additional 2,897 shares in the last quarter. Jump Financial LLC raised its holdings in shares of Grupo Financiero Galicia by 15.2% in the fourth quarter. Jump Financial LLC now owns 186,400 shares of the bank’s stock valued at $11,616,000 after acquiring an additional 24,564 shares in the last quarter. Finally, BTG Pactual Asset Management US LLC purchased a new stake in Grupo Financiero Galicia in the fourth quarter worth about $315,000.

Grupo Financiero Galicia Stock Up 0.3 %

Shares of Grupo Financiero Galicia stock opened at $63.41 on Friday. Grupo Financiero Galicia S.A. has a 1 year low of $23.53 and a 1 year high of $74.00. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.11 and a quick ratio of 1.11. The stock has a market cap of $9.35 billion, a price-to-earnings ratio of 9.34 and a beta of 1.60. The firm’s 50-day moving average is $56.75 and its two-hundred day moving average is $58.97.

About Grupo Financiero Galicia

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.