Grupo Aval Acciones y Valores (NYSE:AVAL) Trading Down 3.3% – Here’s What Happened
by Renee Jackson · The Cerbat GemGrupo Aval Acciones y Valores S.A. (NYSE:AVAL – Get Free Report) shares fell 3.3% during trading on Tuesday . The stock traded as low as $4.10 and last traded at $4.12. 36,972 shares were traded during trading, a decline of 67% from the average session volume of 110,991 shares. The stock had previously closed at $4.26.
Analyst Ratings Changes
A number of brokerages have recently issued reports on AVAL. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a report on Tuesday, October 14th. Citigroup raised Grupo Aval Acciones y Valores from a “neutral” rating to a “buy” rating in a research report on Monday, October 20th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Grupo Aval Acciones y Valores presently has an average rating of “Moderate Buy”.
Check Out Our Latest Report on Grupo Aval Acciones y Valores
Grupo Aval Acciones y Valores Stock Down 2.1%
The company has a 50-day moving average of $4.15 and a two-hundred day moving average of $3.50. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market capitalization of $4.95 billion, a PE ratio of 12.65 and a beta of 0.69.
Grupo Aval Acciones y Valores (NYSE:AVAL – Get Free Report) last posted its quarterly earnings data on Thursday, November 13th. The bank reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. Grupo Aval Acciones y Valores had a return on equity of 5.95% and a net margin of 4.61%.The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.23 billion. Sell-side analysts anticipate that Grupo Aval Acciones y Valores S.A. will post 0.21 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Grupo Aval Acciones y Valores
Hedge funds have recently modified their holdings of the company. Pekin Hardy Strauss Inc. purchased a new position in Grupo Aval Acciones y Valores in the 3rd quarter worth approximately $264,000. Jane Street Group LLC purchased a new position in shares of Grupo Aval Acciones y Valores in the second quarter worth $155,000. Dimensional Fund Advisors LP boosted its position in shares of Grupo Aval Acciones y Valores by 34.7% during the third quarter. Dimensional Fund Advisors LP now owns 139,173 shares of the bank’s stock worth $458,000 after acquiring an additional 35,862 shares during the last quarter. BTG Pactual Asset Management US LLC purchased a new position in Grupo Aval Acciones y Valores during the second quarter valued at $99,000. Finally, XTX Topco Ltd bought a new position in shares of Grupo Aval Acciones y Valores during the 2nd quarter valued at about $78,000. 0.21% of the stock is currently owned by 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.