Claro Advisors LLC Has $568,000 Position in Grupo Financiero Galicia S.A. (NASDAQ:GGAL)

Claro Advisors LLC lowered its stake in shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) by 2.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 9,114 shares of the bank’s stock after selling 184 shares during the period. Claro Advisors LLC’s holdings in Grupo Financiero Galicia were worth $568,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Ashton Thomas Private Wealth LLC acquired a new position in Grupo Financiero Galicia in the second quarter worth about $51,000. William Blair Investment Management LLC acquired a new position in Grupo Financiero Galicia in the second quarter worth about $8,573,000. Turim 21 Investimentos Ltda. acquired a new position in Grupo Financiero Galicia in the second quarter worth about $453,000. Duquesne Family Office LLC raised its position in Grupo Financiero Galicia by 47.8% in the second quarter. Duquesne Family Office LLC now owns 475,763 shares of the bank’s stock worth $14,539,000 after purchasing an additional 153,900 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new position in Grupo Financiero Galicia in the second quarter worth about $582,000.

Analyst Ratings Changes

Several research analysts recently issued reports on GGAL shares. StockNews.com lowered shares of Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a research report on Thursday, November 14th. Morgan Stanley raised shares of Grupo Financiero Galicia from an “underweight” rating to an “overweight” rating and set a $92.00 price target for the company in a research report on Monday, December 16th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $59.00.

Grupo Financiero Galicia Stock Performance

NASDAQ GGAL opened at $68.06 on Tuesday. The firm has a market cap of $10.04 billion, a price-to-earnings ratio of 9.99 and a beta of 1.83. The company has a 50 day moving average of $60.94 and a 200-day moving average of $46.46. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.10. Grupo Financiero Galicia S.A. has a 1-year low of $15.32 and a 1-year high of $74.00.

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.