Grupo Financiero Galicia S.A. (NASDAQ:GGAL – Get Free Report) Director Silvestre Vila Moret bought 10,000 shares of the company’s stock in a transaction on Monday, June 29th. The shares were acquired at an average price of $5.25 per share, for a total transaction of $52,500.00. Following the completion of the acquisition, the director owned 2,332,209 shares in the company, valued at $12,244,097.25. This represents a 0.43% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Silvestre Vila Moret also recently made the following trade(s):
- On Tuesday, July 7th, Silvestre Vila Moret purchased 176 shares of Grupo Financiero Galicia stock. The stock was acquired at an average price of $5.46 per share, with a total value of $960.96.
- On Wednesday, July 1st, Silvestre Vila Moret purchased 100,000 shares of Grupo Financiero Galicia stock. The stock was acquired at an average cost of $5.11 per share, with a total value of $511,000.00.
- On Tuesday, June 30th, Silvestre Vila Moret acquired 167,791 shares of Grupo Financiero Galicia stock. The shares were acquired at an average price of $5.27 per share, for a total transaction of $884,258.57.
- On Friday, June 26th, Silvestre Vila Moret acquired 125,000 shares of Grupo Financiero Galicia stock. The shares were acquired at an average price of $5.15 per share, for a total transaction of $643,750.00.
Grupo Financiero Galicia Stock Up 8.8%
GGAL stock traded up $4.34 during trading on Friday, hitting $53.73. 1,808,483 shares of the company’s stock traded hands, compared to its average volume of 948,477. The firm has a market capitalization of $8.63 billion, a P/E ratio of 23.67, a PEG ratio of 0.37 and a beta of 1.34. Grupo Financiero Galicia S.A. has a 1 year low of $25.89 and a 1 year high of $62.51. The company has a quick ratio of 1.16, a current ratio of 1.13 and a debt-to-equity ratio of 0.32. The business has a fifty day simple moving average of $48.29 and a two-hundred day simple moving average of $48.54.
Grupo Financiero Galicia Dividend Announcement
The business also recently declared a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were given a $0.6229 dividend. This represents a c) annualized dividend and a dividend yield of 13.9%. The ex-dividend date of this dividend was Monday, May 4th. Grupo Financiero Galicia’s payout ratio is presently 214.10%.
Hedge Funds Weigh In On Grupo Financiero Galicia
Hedge funds and other institutional investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. acquired a new stake in Grupo Financiero Galicia during the 4th quarter valued at approximately $39,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Grupo Financiero Galicia by 4,942.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 2,118 shares of the bank’s stock worth $58,000 after purchasing an additional 2,076 shares during the last quarter. State of Wyoming purchased a new position in shares of Grupo Financiero Galicia during the fourth quarter worth $74,000. Leonteq Securities AG lifted its position in Grupo Financiero Galicia by 563.2% during the first quarter. Leonteq Securities AG now owns 2,036 shares of the bank’s stock valued at $95,000 after purchasing an additional 1,729 shares during the period. Finally, Acuitas Investments LLC acquired a new position in Grupo Financiero Galicia during the third quarter valued at $110,000.
Key Grupo Financiero Galicia News
Here are the key news stories impacting Grupo Financiero Galicia this week:
- Positive Sentiment: Director Silvestre Vila Moret made several recent open-market purchases of GGAL shares, including a large 167,791-share buy and additional purchases on June 29, July 1, and July 7, signaling insider confidence in the company’s outlook. Article Title
- Neutral Sentiment: Analysts remain mixed on Grupo Financiero Galicia, with an average “Hold” rating and a consensus price target above the recent trading range, suggesting cautious optimism rather than a strong bullish call.
- Negative Sentiment: Recent results were weaker than expected, as the company missed both earnings and revenue estimates in its latest quarterly report, which may still be limiting enthusiasm for the shares despite the insider buying.
Analysts Set New Price Targets
GGAL has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Grupo Financiero Galicia in a research report on Wednesday, June 24th. JPMorgan Chase & Co. increased their price objective on shares of Grupo Financiero Galicia from $72.00 to $85.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Wall Street Zen upgraded shares of Grupo Financiero Galicia from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. Finally, Zacks Research raised shares of Grupo Financiero Galicia from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Grupo Financiero Galicia presently has an average rating of “Hold” and a consensus price target of $68.33.
View Our Latest Analysis on Grupo Financiero Galicia
Grupo Financiero Galicia Company Profile
Grupo Financiero Galicia is a diversified financial services holding company headquartered in Buenos Aires, Argentina. As one of the country’s largest private-sector financial institutions, the company provides a comprehensive suite of banking, insurance and investment products to individual, small-to-medium enterprise (SME) and corporate clients. Its operations span retail and commercial banking, asset management, leasing, factoring and pension fund administration.
The core banking segment offers deposit and lending services, credit and debit cards, payment solutions and digital banking platforms.
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