Grupo Aval Acciones y Valores (AVAL) Projected to Post Quarterly Earnings on Wednesday

Grupo Aval Acciones y Valores (NYSE:AVAL) is anticipated to issue its results before the market opens on Wednesday, March 11th. Analysts expect the company to announce earnings of $0.1064 per share and revenue of $1.2294 billion for the quarter.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released its earnings results on Thursday, February 26th. The bank reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.02. Grupo Aval Acciones y Valores had a return on equity of 7.05% and a net margin of 5.06%.The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.24 billion. On average, analysts expect Grupo Aval Acciones y Valores to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Grupo Aval Acciones y Valores Stock Down 5.8%

AVAL stock opened at $3.56 on Wednesday. The business’s 50-day moving average price is $4.40 and its 200-day moving average price is $3.98. The stock has a market cap of $4.23 billion, a P/E ratio of 9.89 and a beta of 0.66. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.69. Grupo Aval Acciones y Valores has a twelve month low of $2.25 and a twelve month high of $5.28.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research report on Friday, January 9th. Citigroup cut shares of Grupo Aval Acciones y Valores from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Grupo Aval Acciones y Valores has an average rating of “Hold”.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

A number of hedge funds have recently made changes to their positions in AVAL. Stokes Family Office LLC grew its holdings in Grupo Aval Acciones y Valores by 5.1% during the 4th quarter. Stokes Family Office LLC now owns 87,317 shares of the bank’s stock valued at $354,000 after buying an additional 4,198 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of Grupo Aval Acciones y Valores by 683.5% during the 4th quarter. Marshall Wace LLP now owns 275,148 shares of the bank’s stock worth $1,114,000 after acquiring an additional 240,028 shares in the last quarter. SmartHarvest Portfolios LLC bought a new position in shares of Grupo Aval Acciones y Valores during the 4th quarter valued at approximately $101,000. Banco BTG Pactual S.A. boosted its position in shares of Grupo Aval Acciones y Valores by 33.0% during the 3rd quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock valued at $51,000 after acquiring an additional 3,871 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Grupo Aval Acciones y Valores by 34.7% in the third quarter. Dimensional Fund Advisors LP now owns 139,173 shares of the bank’s stock valued at $458,000 after purchasing an additional 35,862 shares in the last quarter. 0.21% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA is a leading Colombian financial holding company that offers a diversified range of banking and financial services across Latin America. As one of the largest financial conglomerates in Colombia, Grupo Aval provides commercial and retail banking, leasing, insurance brokerage, pension fund management and investment banking through its principal subsidiaries.

Its core banking operations are conducted through a network of well-established institutions, including Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas, which together serve individual consumers, small and medium-sized enterprises and large corporate clients.