9,253 Shares in Grupo Financiero Galicia S.A. (NASDAQ:GGAL) Bought by Claro Advisors LLC

Claro Advisors LLC acquired a new stake in Grupo Financiero Galicia S.A. (NASDAQ:GGALFree Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,253 shares of the bank’s stock, valued at approximately $235,000.

Several other large investors also recently modified their holdings of the business. FNY Investment Advisers LLC purchased a new position in Grupo Financiero Galicia in the fourth quarter valued at about $86,000. Shilanski & Associates Inc. acquired a new stake in Grupo Financiero Galicia in the first quarter valued at $242,000. Dfpg Investments LLC grew its holdings in Grupo Financiero Galicia by 49.8% during the 4th quarter. Dfpg Investments LLC now owns 24,737 shares of the bank’s stock worth $415,000 after acquiring an additional 8,224 shares in the last quarter. AdvisorShares Investments LLC bought a new position in shares of Grupo Financiero Galicia during the fourth quarter worth about $516,000. Finally, Virtu Financial LLC grew its stake in Grupo Financiero Galicia by 78.5% in the fourth quarter. Virtu Financial LLC now owns 37,821 shares of the bank’s stock worth $653,000 after purchasing an additional 16,628 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Grupo Financiero Galicia from a “hold” rating to a “buy” rating in a research report on Friday.

Get Our Latest Stock Report on Grupo Financiero Galicia

Grupo Financiero Galicia Price Performance

Shares of GGAL opened at $27.67 on Tuesday. Grupo Financiero Galicia S.A. has a 12 month low of $10.57 and a 12 month high of $37.83. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a fifty day moving average price of $33.46 and a 200 day moving average price of $25.75.

Grupo Financiero Galicia Increases Dividend

The firm also recently declared a Variable dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 21st were issued a dividend of $0.70 per share. This is a positive change from Grupo Financiero Galicia’s previous Variable dividend of $0.12. The ex-dividend date of this dividend was Friday, June 21st.

Grupo Financiero Galicia Company Profile

(Free Report)

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.

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

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