Grupo Aval Acciones y Valores (NYSE:AVAL) Lowered to Hold at Zacks Investment Research

Zacks Investment Research lowered shares of Grupo Aval Acciones y Valores (NYSE:AVALGet Rating) from a buy rating to a hold rating in a research note released on Friday morning, Zacks.com reports.

According to Zacks, “Grupo Aval Acciones y Valores S.A. is a financial services group. It provides a comprehensive range of financial services and products ranging from traditional banking services, such as making loans and taking deposits, to pension and severance fund management. The company also provides general purpose loans, foreign exchange services, documentation services, guarantees, auto financing, payroll loans, and credit cards, as well as various deposit and basic treasury products. It provides fiduciary services; merchandise storage and deposit, customs agency, cargo management, and merchandise distribution; brokerage services, fund management, portfolio management, securities management, and capital markets consulting services; and investment banking, treasury, and private banking services. Grupo Aval Acciones Y Valores S.A. is based in Bogotá, Colombia. “

Separately, Scotiabank lowered shares of Grupo Aval Acciones y Valores from a sector outperform rating to a sector perform rating and set a $6.20 price objective on the stock. in a report on Tuesday, December 21st.

Shares of Grupo Aval Acciones y Valores stock opened at $4.36 on Friday. The firm has a market capitalization of $4.84 billion, a PE ratio of 5.45 and a beta of 1.26. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.02 and a quick ratio of 1.02. The company’s fifty day moving average price is $5.15 and its two-hundred day moving average price is $5.39. Grupo Aval Acciones y Valores has a 52-week low of $4.30 and a 52-week high of $6.41.

Grupo Aval Acciones y Valores (NYSE:AVALGet Rating) last posted its earnings results on Wednesday, March 16th. The bank reported $0.18 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.01). Grupo Aval Acciones y Valores had a return on equity of 8.12% and a net margin of 13.06%. The firm had revenue of $931.23 million during the quarter. Analysts predict that Grupo Aval Acciones y Valores will post 0.72 earnings per share for the current fiscal year.

Large investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. acquired a new stake in shares of Grupo Aval Acciones y Valores in the 4th quarter valued at approximately $37,000. Jump Financial LLC bought a new stake in Grupo Aval Acciones y Valores during the 3rd quarter worth approximately $71,000. Schonfeld Strategic Advisors LLC bought a new stake in Grupo Aval Acciones y Valores during the 3rd quarter worth approximately $72,000. Morgan Stanley increased its stake in Grupo Aval Acciones y Valores by 209.0% during the 1st quarter. Morgan Stanley now owns 16,067 shares of the bank’s stock worth $100,000 after purchasing an additional 10,867 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new stake in Grupo Aval Acciones y Valores during the 3rd quarter worth approximately $103,000. Institutional investors and hedge funds own 0.72% of the company’s stock.

Grupo Aval Acciones y Valores Company Profile (Get Rating)

Grupo Aval Acciones y Valores SA engages in the provision of financial services and products. It operates through the following segments: Banco de Bogota, Banco de Occidente, Banco AV Villas, Banco Popular, Corficolombiana, and Other. The Banco de Bogota segment offers banking services and products. The Banco de Occidente segment focuses on the corporate customers, government and government-owned entities, and retail customers.

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