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Grupo Financiero Galicia S.A. $GGAL Shares Acquired by SBI Securities Co. Ltd.
SBI Securities Co. Ltd. significantly increased its stake in Grupo Financiero Galicia S.A. (NASDAQ: GGAL) by 10,128.5%, acquiring an additional 121,745 shares to own a total of 122,947 shares valued at approximately $3.39 million. This acquisition makes SBI Securities Co. Ltd. one of several institutional investors that have recently adjusted their positions in the bank. Grupo Financiero Galicia also raised its monthly dividend and holds an average analyst rating of “Moderate Buy” with a target price of $66.25.