Atria Investments Inc Has $837,000 Stock Holdings in Grupo Financiero Galicia S.A. (NASDAQ:GGAL)

Atria Investments Inc cut its holdings in Grupo Financiero Galicia S.A. (NASDAQ:GGAL) by 1.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,889 shares of the bank’s stock after selling 263 shares during the quarter. Atria Investments Inc’s holdings in Grupo Financiero Galicia were worth $837,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of GGAL. Ping Capital Management Inc. acquired a new position in shares of Grupo Financiero Galicia during the 2nd quarter valued at $23,611,000. Rokos Capital Management LLP boosted its holdings in Grupo Financiero Galicia by 58.7% in the first quarter. Rokos Capital Management LLP now owns 572,752 shares of the bank’s stock worth $14,559,000 after acquiring an additional 211,870 shares in the last quarter. Duquesne Family Office LLC grew its stake 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 valued at $14,539,000 after acquiring an additional 153,900 shares during the period. William Blair Investment Management LLC acquired a new stake in Grupo Financiero Galicia in the second quarter valued at approximately $8,573,000. Finally, Claro Advisors LLC increased its holdings in shares of Grupo Financiero Galicia by 1,058.6% during the third quarter. Claro Advisors LLC now owns 107,800 shares of the bank’s stock valued at $4,537,000 after acquiring an additional 98,496 shares in the last quarter.

Grupo Financiero Galicia Trading Up 5.1 %

Grupo Financiero Galicia stock opened at $59.16 on Tuesday. Grupo Financiero Galicia S.A. has a 1-year low of $13.06 and a 1-year high of $59.79. The firm has a 50 day simple moving average of $48.41 and a 200 day simple moving average of $38.30.

Analyst Upgrades and Downgrades

GGAL has been the subject of several research reports. JPMorgan Chase & Co. raised shares of Grupo Financiero Galicia from an “underweight” rating to an “overweight” rating and set a $54.00 price target for the company in a research report on Friday, August 30th. Citigroup raised shares of Grupo Financiero Galicia from a “neutral” rating to a “buy” rating and set a $54.00 price objective on the stock in a report on Wednesday, September 4th. StockNews.com downgraded Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a research report on Thursday, November 14th. Finally, Bank of America raised shares of Grupo Financiero Galicia from an “underperform” rating to a “buy” rating and lifted their price objective for the stock from $28.00 to $36.00 in a research report on Thursday, August 8th.

Grupo Financiero Galicia Company 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.