Seldon Capital LP Makes New $2.93 Million Investment in Grupo Financiero Galicia S.A. (NASDAQ:GGAL)

Seldon Capital LP bought a new position in Grupo Financiero Galicia S.A. (NASDAQ:GGAL) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 47,062 shares of the bank’s stock, valued at approximately $2,933,000. Grupo Financiero Galicia makes up about 1.2% of Seldon Capital LP’s holdings, making the stock its 22nd largest position.

A number of other institutional investors have also recently made changes to their positions in GGAL. JPMorgan Chase & Co. raised its holdings in Grupo Financiero Galicia by 267.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 92,505 shares of the bank’s stock worth $3,894,000 after acquiring an additional 67,312 shares during the last quarter. SMART Wealth LLC purchased a new position in shares of Grupo Financiero Galicia in the fourth quarter worth $295,000. Verde Servicos Internacionais S.A. bought a new position in shares of Grupo Financiero Galicia during the fourth quarter valued at $686,000. BTG Pactual Asset Management US LLC bought a new position in shares of Grupo Financiero Galicia during the fourth quarter valued at $315,000. Finally, Deltec Asset Management LLC purchased a new stake in shares of Grupo Financiero Galicia during the fourth quarter valued at $262,000.

Grupo Financiero Galicia Price Performance

Shares of NASDAQ:GGAL opened at $61.95 on Friday. The business has a 50-day simple moving average of $56.34 and a two-hundred day simple moving average of $58.40. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.11 and a current ratio of 1.11. The firm has a market cap of $9.14 billion, a price-to-earnings ratio of 9.12 and a beta of 1.60. Grupo Financiero Galicia S.A. has a fifty-two week low of $23.53 and a fifty-two week 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.