Grupo Financiero Galicia (NASDAQ:GGAL) Shares Down 5%

Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL – Get Free Report) were down 5% on Monday . The stock traded as low as $41.55 and last traded at $41.61. Approximately 657,161 shares traded hands during trading, a decline of 36% from the average daily volume of 1,031,800 shares. The stock had previously closed at $43.78. [...]

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Shares of Grupo Financiero Galicia S.A. ( NASDAQ:GGAL – Get Free Report ) were down 5% on Monday .

The stock traded as low as $41.55 and last traded at $41.61.



Approximately 657,161 shares traded hands during trading, a decline of 36% from the average daily volume of 1,031,800 shares. The stock had previously closed at $43.78.

Wall Street Analyst Weigh In Several research analysts recently issued reports on the company. JPMorgan Chase & Co. raised Grupo Financiero Galicia from an “underweight” rating to an “overweight” rating and set a $54.

00 target price on the stock in a research report on Friday, August 30th. StockNews.com raised shares of Grupo Financiero Galicia from a “hold” rating to a “buy” rating in a research report on Thursday, August 29th.

Bank of America raised shares of Grupo Financiero Galicia from an “underperform” rating to a “buy” rating and boosted their target price for the stock from $28.00 to $36.00 in a research report on Thursday, August 8th.

Finally, Citigroup raised shares of Grupo Financiero Galicia from a “neutral” rating to a “buy” rating and set a $54.00 price target for the company in a report on Wednesday, September 4th. Get Our Latest Report on Grupo Financiero Galicia Grupo Financiero Galicia Trading Down 3.

9 % Grupo Financiero Galicia Increases Dividend The business also recently declared a — dividend, which was paid on Monday, August 26th. Investors of record on Monday, August 19th were paid a $0.7248 dividend.

The ex-dividend date was Monday, August 19th. This is a positive change from Grupo Financiero Galicia’s previous — dividend of $0.14.

Institutional Trading of Grupo Financiero Galicia A number of institutional investors have recently made changes to their positions in the company. Blue Trust Inc. purchased a new position in Grupo Financiero Galicia in the 2nd quarter valued at $40,000.

Ashton Thomas Private Wealth LLC acquired a new position in Grupo Financiero Galicia during the second quarter worth about $51,000. Headlands Technologies LLC acquired a new position in Grupo Financiero Galicia during the first quarter worth about $67,000. Banco Santander S.

A. purchased a new stake in Grupo Financiero Galicia during the 2nd quarter valued at about $211,000. Finally, Truist Financial Corp acquired a new stake in Grupo Financiero Galicia in the 2nd quarter valued at about $273,000.

Grupo Financiero Galicia Company Profile ( Get 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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