Headlands Technologies LLC Purchases 1,456 Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL)

Headlands Technologies LLC boosted its position in Grupo Financiero Galicia S.A. (NASDAQ:GGAL) by 5.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,520 shares of the bank’s stock after purchasing an additional 1,456 shares during the quarter. Headlands Technologies LLC’s holdings in Grupo Financiero Galicia were worth $1,777,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in shares of Grupo Financiero Galicia by 267.2% in the third quarter. JPMorgan Chase & Co. now owns 92,505 shares of the bank’s stock valued at $3,894,000 after acquiring an additional 67,312 shares during the period. SMART Wealth LLC acquired a new position in shares of Grupo Financiero Galicia during the 4th quarter worth approximately $295,000. Verde Servicos Internacionais S.A. bought a new position in shares of Grupo Financiero Galicia during the fourth quarter worth approximately $686,000. Deltec Asset Management LLC bought a new stake in shares of Grupo Financiero Galicia in the fourth quarter valued at approximately $262,000. Finally, Nkcfo LLC acquired a new stake in Grupo Financiero Galicia during the fourth quarter worth approximately $312,000.

Analyst Ratings Changes

Separately, Morgan Stanley raised Grupo Financiero Galicia from an “underweight” rating to an “overweight” rating and set a $92.00 target price on the stock in a report on Monday, December 16th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Grupo Financiero Galicia presently has an average rating of “Moderate Buy” and an average target price of $59.00.

Grupo Financiero Galicia Trading Up 1.4 %

Shares of GGAL opened at $55.21 on Wednesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.11 and a current ratio of 1.11. Grupo Financiero Galicia S.A. has a 52-week low of $23.53 and a 52-week high of $74.00. The firm has a market cap of $8.14 billion, a price-to-earnings ratio of 8.13 and a beta of 1.85. The business’s fifty day moving average is $60.02 and its 200-day moving average is $57.60.

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.