BNP Paribas Financial Markets Sells 213,314 Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL)

BNP Paribas Financial Markets cut its stake in shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) by 34.1% in the fourth quarter, Holdings Channel reports. The firm owned 411,689 shares of the bank’s stock after selling 213,314 shares during the quarter. BNP Paribas Financial Markets’ holdings in Grupo Financiero Galicia were worth $25,656,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. R Squared Ltd bought a new position in Grupo Financiero Galicia during the 4th quarter worth approximately $27,000. CIBC Private Wealth Group LLC bought a new position in shares of Grupo Financiero Galicia during the fourth quarter worth $34,000. Compass Group LLC acquired a new position in shares of Grupo Financiero Galicia in the 4th quarter valued at $67,000. GeoWealth Management LLC bought a new stake in shares of Grupo Financiero Galicia in the 4th quarter valued at $71,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in 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 worth $136,000 after buying an additional 624 shares during the period.

Grupo Financiero Galicia Trading Up 0.1 %

NASDAQ GGAL opened at $58.43 on Friday. Grupo Financiero Galicia S.A. has a one year low of $23.53 and a one 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 firm has a market cap of $8.62 billion, a P/E ratio of 8.61 and a beta of 1.79. The stock’s 50-day moving average is $56.94 and its 200-day moving average is $59.60.

Grupo Financiero Galicia 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.