Grupo Financiero Galicia S.A. (NASDAQ:GGAL) Shares Acquired by Bosun Asset Management LLC

Bosun Asset Management LLC boosted its position in shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) by 15.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 34,069 shares of the bank’s stock after acquiring an additional 4,586 shares during the period. Grupo Financiero Galicia comprises approximately 0.9% of Bosun Asset Management LLC’s investment portfolio, making the stock its 25th largest position. Bosun Asset Management LLC’s holdings in Grupo Financiero Galicia were worth $2,123,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GGAL. R Squared Ltd acquired a new stake in shares of Grupo Financiero Galicia during the fourth quarter worth approximately $27,000. CIBC Private Wealth Group LLC bought a new position in Grupo Financiero Galicia during the 4th quarter valued at $34,000. Compass Group LLC bought a new position in Grupo Financiero Galicia during the 4th quarter valued at $67,000. GeoWealth Management LLC acquired a new position in Grupo Financiero Galicia during the 4th quarter worth $71,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Grupo Financiero Galicia by 41.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,134 shares of the bank’s stock worth $136,000 after purchasing an additional 624 shares during the last quarter.

Grupo Financiero Galicia Stock Performance

Shares of GGAL stock opened at $57.35 on Tuesday. The stock has a market capitalization of $8.46 billion, a price-to-earnings ratio of 8.45 and a beta of 1.79. Grupo Financiero Galicia S.A. has a one year low of $23.53 and a one year high of $74.00. The company’s 50-day simple moving average is $56.83 and its 200-day simple moving average is $59.56. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.11 and a current ratio of 1.11.

About Grupo Financiero Galicia

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.