Virtu Financial LLC Buys Shares of 4,419 Grupo Financiero Galicia S.A. (GGAL)

Virtu Financial LLC bought a new stake in shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 4,419 shares of the bank’s stock, valued at approximately $291,000.

A number of other large investors have also bought and sold shares of the business. BlackRock Inc. increased its holdings in Grupo Financiero Galicia by 13.6% during the 4th quarter. BlackRock Inc. now owns 1,410,612 shares of the bank’s stock valued at $92,888,000 after acquiring an additional 168,722 shares in the last quarter. Global X Management Co. LLC increased its holdings in Grupo Financiero Galicia by 139.0% during the 4th quarter. Global X Management Co. LLC now owns 366,675 shares of the bank’s stock valued at $24,146,000 after acquiring an additional 213,241 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Grupo Financiero Galicia by 623,405.1% during the 4th quarter. Wells Fargo & Company MN now owns 243,167 shares of the bank’s stock valued at $16,013,000 after acquiring an additional 243,128 shares in the last quarter. Barings LLC purchased a new position in Grupo Financiero Galicia during the 4th quarter valued at about $1,219,000. Finally, GRATRY & Co LLC purchased a new position in Grupo Financiero Galicia during the 4th quarter valued at about $210,000. Hedge funds and other institutional investors own 36.16% of the company’s stock.

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Grupo Financiero Galicia stock opened at $66.46 on Friday. Grupo Financiero Galicia S.A. has a 12-month low of $36.09 and a 12-month high of $73.45. The stock has a market cap of $8,642.89, a price-to-earnings ratio of 21.17 and a beta of 1.28.

Several equities research analysts have issued reports on GGAL shares. Bank of America started coverage on shares of Grupo Financiero Galicia in a research note on Tuesday, January 23rd. They set a “buy” rating and a $100.00 price target on the stock. HSBC cut shares of Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a research note on Thursday, December 21st. Zacks Investment Research cut shares of Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a research note on Saturday, January 20th. ValuEngine raised shares of Grupo Financiero Galicia from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, UBS raised shares of Grupo Financiero Galicia from a “hold” rating to a “buy” rating in a research note on Monday, March 12th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Grupo Financiero Galicia presently has a consensus rating of “Buy” and an average target price of $87.00.

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Grupo Financiero Galicia Profile

Grupo Financiero Galicia SA (Grupo Financiero Galicia) is a financial services holding company. The Company’s segments include Banking, Regional Credit Cards, CFA, Insurance and Other Grupo Galicia Businesses. Banco de Galicia y Buenos Aires SA (Banco Galicia) is a subsidiary of the Company. Its banking business segment represents Banco Galicia consolidated line by line with Banco Galicia Uruguay SA (Galicia Uruguay).

Institutional Ownership by Quarter for Grupo Financiero Galicia (NASDAQ:GGAL)

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