Driehaus Capital Management LLC Has $61.74 Million Position in Grupo Financiero Galicia S.A. (NASDAQ:GGAL)

Driehaus Capital Management LLC reduced its position in Grupo Financiero Galicia S.A. (NASDAQ:GGAL) by 17.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 990,763 shares of the bank’s stock after selling 202,466 shares during the period. Driehaus Capital Management LLC owned about 0.67% of Grupo Financiero Galicia worth $61,744,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. R Squared Ltd bought a new stake in shares of Grupo Financiero Galicia during the 4th quarter valued at $27,000. CIBC Private Wealth Group LLC bought a new stake in shares of Grupo Financiero Galicia during the 4th quarter worth approximately $34,000. Compass Group LLC bought a new position in Grupo Financiero Galicia in the fourth quarter valued at approximately $67,000. GeoWealth Management LLC bought a new stake in Grupo Financiero Galicia during the fourth quarter worth $71,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings 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 valued at $136,000 after purchasing an additional 624 shares in the last quarter.

Grupo Financiero Galicia Price Performance

Shares of GGAL stock opened at $58.36 on Thursday. The business has a fifty day simple moving average of $56.91 and a 200 day simple moving average of $59.54. The company has a market cap of $8.61 billion, a P/E ratio of 8.59 and a beta of 1.79. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.10. Grupo Financiero Galicia S.A. has a twelve month low of $23.53 and a twelve month 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.