<div id="readability-page-1"><p>Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Get Free Report)'s stock price was up 8.1% on Thursday following a dividend announcement from the company. The company traded as high as $53.97 and last traded at $53.8830. Approximately 1,109,381 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 1,859,409 shares. The stock had previously closed at $49.83.The newly announced dividend which will be paid on Monday, January 5th. Investors of record on Monday, December 29th will be paid a $0.1423 dividend. This represents a c) dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Monday, December 29th. This is a boost from Grupo Financiero Galicia's previous monthly dividend of $0.14. Grupo Financiero Galicia's dividend payout ratio (DPR) is currently 85.35%.</p><h2>Wall Street Analyst Weigh In</h2><p>A number of research firms have issued reports on GGAL. Weiss Ratings  reiterated a &#34;sell (d+)&#34; rating on shares of Grupo Financiero Galicia in a report on Monday. Wall Street Zen upgraded Grupo Financiero Galicia from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a report on Saturday, December 13th. Citigroup raised Grupo Financiero Galicia from a &#34;neutral&#34; rating to a &#34;buy&#34; rating in a research report on Monday, November 3rd. JPMorgan Chase &amp; Co. raised Grupo Financiero Galicia from a &#34;neutral&#34; rating to an &#34;overweight&#34; rating and upped their price target for the stock from $46.00 to $75.00 in a research report on Tuesday, October 28th. Finally, Hsbc Global Res raised shares of Grupo Financiero Galicia to a &#34;strong-buy&#34; rating in a research note on Wednesday, October 1st. One analyst  has rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and two have issued  a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $66.25.</p><p><b>Get Our Latest Research Report on GGAL</b></p><h2>Grupo Financiero Galicia Trading Up 8.0%</h2><p>The company has a market cap of $7.94 billion, a P/E ratio of 27.21 and a beta of 1.45. The business's 50-day moving average price is $47.76 and its 200 day moving average price is $45.64. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.16 and a current ratio of 1.16. </p><h2>Institutional Inflows and Outflows</h2><p>Several hedge funds and other institutional investors have recently made changes to their positions in the business. RWC Asset Advisors US LLC lifted its holdings in  Grupo Financiero Galicia by 848.1% during the 3rd quarter. RWC Asset Advisors US LLC now owns 1,540,187 shares of the bank's stock valued at $42,448,000 after purchasing an additional 1,377,735 shares during the last quarter.  PointState Capital LP raised its position in shares of  Grupo Financiero Galicia by 160.5% in the first quarter. PointState Capital LP now owns 1,504,157 shares of the bank's stock valued at $81,931,000 after purchasing an additional 926,820 shares during the period.  MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of  Grupo Financiero Galicia by 52.2% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,937,465 shares of the bank's stock valued at $97,629,000 after purchasing an additional 664,533 shares during the period.  RWC Asset Management LLP lifted its stake in shares of  Grupo Financiero Galicia by 240.3% during the 3rd quarter. RWC Asset Management LLP now owns 826,175 shares of the bank's stock worth $22,769,000 after buying an additional 583,403 shares during the last quarter.  Finally, Itau Unibanco Holding S.A. boosted its holdings in shares of  Grupo Financiero Galicia by 90.5% during the 2nd quarter. Itau Unibanco Holding S.A. now owns 893,965 shares of the bank's stock worth $45,047,000 after buying an additional 424,693 shares during the period. </p><h2>About Grupo Financiero Galicia</h2> (Get Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Grupo Financiero Galicia</li><li>How to Calculate Inflation Rate</li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</li><li>Are Penny Stocks a Good Fit for Your Portfolio?</li><li>Dollar General's Turnaround Could Send the Stock Higher in 2026</li><li>The Risks of Owning Bonds</li><li>Don’t Bet Against AppLovin: The Case Against the Shorts</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Grupo Financiero Galicia Right Now?</h2><p>Before you consider Grupo Financiero Galicia, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grupo Financiero Galicia wasn't on the list.</p><p>While Grupo Financiero Galicia currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GGAL

<p>Grupo Financiero Galicia's stock rose 8.1% after announcing a dividend of $0.1423 per share, payable on January 5th. The stock traded as high as $53.97, with a market cap of $7.94 billion. Analysts have mixed ratings, with a consensus "Hold" and a target price of $66.25. Institutional investors have significantly increased their holdings in the company.</p>

Grupo Financiero Galicia (NASDAQ:GGAL) Trading Up 8.1% Following Dividend Announcement