Grupo Aval Acciones y Valores (NYSE:AVAL) Issues Quarterly Earnings Results

Grupo Aval Acciones y Valores (NYSE:AVAL) announced its quarterly earnings results on Thursday. The bank reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.02, Zacks reports. Grupo Aval Acciones y Valores had a return on equity of 5.95% and a net margin of 4.61%.

Grupo Aval Acciones y Valores Trading Down 4.3%

NYSE:AVAL traded down $0.19 on Thursday, hitting $4.19. The stock had a trading volume of 348,002 shares, compared to its average volume of 148,747. The company has a fifty day moving average price of $4.41 and a two-hundred day moving average price of $3.96. Grupo Aval Acciones y Valores has a 1-year low of $2.25 and a 1-year high of $5.28. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.69. The stock has a market cap of $4.97 billion, a price-to-earnings ratio of 12.70 and a beta of 0.64.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC acquired a new position in Grupo Aval Acciones y Valores during the 2nd quarter worth about $34,000. Banco BTG Pactual S.A. lifted its position in shares of Grupo Aval Acciones y Valores by 33.0% during the third quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock worth $51,000 after purchasing an additional 3,871 shares in the last quarter. SmartHarvest Portfolios LLC acquired a new stake in shares of Grupo Aval Acciones y Valores during the fourth quarter worth about $101,000. XTX Topco Ltd purchased a new position in shares of Grupo Aval Acciones y Valores in the second quarter valued at approximately $78,000. Finally, BTG Pactual Asset Management US LLC acquired a new position in shares of Grupo Aval Acciones y Valores in the second quarter valued at approximately $99,000. 0.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AVAL has been the subject of a number of analyst reports. Citigroup downgraded Grupo Aval Acciones y Valores from a “buy” rating to a “neutral” rating in a report on Wednesday, January 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research note on Friday, January 9th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

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.