GQG Partners LLC Boosts Stake in Grupo Financiero Galicia SA (GGAL)

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24 September, 2017

Grupo Financiero Galicia had 5 analyst reports since August 7, 2015 according to SRatingsIntel.

Envision Healthcare Corporation has a consensus buy rating from 15 Wall Street analysts, and the number of shares now sold short amount to at least 12.91% of shares outstanding. Bank of America Corp DE boosted its holdings in shares of Grupo Financiero Galicia by 39.5% in the 1st quarter. Gilder Gagnon Howe & Co. LLC boosted its stake in Grupo Financiero Galicia by 0.6% during the 2nd quarter. They now have a Dollars 30 price target on the stock.

07/20/2015 - Grupo Financiero Galicia S.A. was upgraded to "outperform" by analysts at Raymond James. Boston Partners now owns 50,000 shares of the bank's stock valued at $1,893,000 after buying an additional 20,000 shares during the period. Marshall Wace LLP bought a new position in shares of Grupo Financiero Galicia during the second quarter valued at approximately $212,000. Pacad Investment Ltd. now holds 8,800 shares with a value of $375,000.

07/20/2015 - Grupo Financiero Galicia S.A. was upgraded to "outperform" by analysts at Piper Jaffray. The volume of 0.23 Million shares climbed down over an trading activity of 346.43 Million shares. Finally, DekaBank Deutsche Girozentrale boosted its stake in Grupo Financiero Galicia by 42.9% during the 2nd quarter.

A number of research analysts have issued reports on the stock.

Grupo Financiero Galicia (NASDAQ GGAL) opened at 45.92 on Friday.

Citigroup Inc. upgraded shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) from a sell rating to a neutral rating in a research note released on Friday, September 8th, MarketBeat Ratings reports. Zacks Investment Research cut shares of Grupo Financiero Galicia from a "strong-buy" rating to a "hold" rating in a report on Monday, May 22nd.

More important recent Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) news were published by: Quotes.Wsj.com which released: "Grupo Financiero Galicia SA ADR" on February 13, 2011, also Marketwatch.com published article titled: "19.2435", Nasdaq.com published: "Validea Martin Zweig Strategy Daily Upgrade Report - 8/15/2017" on August 01, 2017.

The stock of Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) hit a new 52-week high and has $51.22 target or 8.00 % above today's $47.43 share price. Wellington Management Grp Inc Ltd Liability Partnership invested in 759,780 shares or 0.02% of the stock. The firm has a market cap of $6.40 billion, a price-to-earnings ratio of 16.40 and a beta of 1.27. Grupo Financiero Galicia S.A. has a 52-week low of 23.23 and a 52-week high of 48.00. Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) has risen 63.44% since September 21, 2016 and is uptrending. If you are reading this piece on another website, it was illegally copied and reposted in violation of United States & global copyright laws. The legal version of this news story can be viewed at https://www.equitiesfocus.com/2017/09/22/gqg-partners-llc-boosts-stake-in-grupo-financiero-galicia-s-a-ggal.html. The Company's segments include Banking, Regional Credit Cards, CFA, Insurance and Other Grupo Galicia Businesses. The Firm operates through the divisions, which include Banking Business and Investment Business. Through Sudamericana Holding S.A. (Sudamericana) and its subsidiaries, the Company provides insurance products in Argentina.

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