Grupo Aval Acciones y Valores (NYSE:AVAL) Rating Lowered to Sell at Citigroup

Citigroup cut shares of Grupo Aval Acciones y Valores (NYSE:AVAL) from a buy rating to a sell rating in a research note published on Tuesday, January 9th, MarketBeat reports.

Several other research analysts have also recently issued reports on AVAL. BidaskClub cut Grupo Aval Acciones y Valores from a hold rating to a sell rating in a research report on Tuesday, October 31st. ValuEngine raised Grupo Aval Acciones y Valores from a hold rating to a buy rating in a research report on Monday, October 2nd. Finally, Zacks Investment Research raised Grupo Aval Acciones y Valores from a strong sell rating to a hold rating in a research report on Tuesday, January 2nd.

Grupo Aval Acciones y Valores (NYSE AVAL) traded up $0.04 during mid-day trading on Tuesday, hitting $8.92. The company had a trading volume of 105,376 shares, compared to its average volume of 81,773. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.05 and a quick ratio of 1.05. Grupo Aval Acciones y Valores has a 52-week low of $7.42 and a 52-week high of $9.38. The stock has a market cap of $3,135.37, a P/E ratio of 15.38 and a beta of 0.51.

Grupo Aval Acciones y Valores (NYSE:AVAL) last issued its quarterly earnings results on Thursday, November 30th. The bank reported $0.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.01). Grupo Aval Acciones y Valores had a return on equity of 8.41% and a net margin of 7.55%. sell-side analysts expect that Grupo Aval Acciones y Valores will post 0.6 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new stake in shares of Grupo Aval Acciones y Valores in the 3rd quarter valued at about $110,000. Citadel Advisors LLC raised its stake in Grupo Aval Acciones y Valores by 13.7% during the 2nd quarter. Citadel Advisors LLC now owns 15,201 shares of the bank’s stock valued at $126,000 after acquiring an additional 1,830 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Grupo Aval Acciones y Valores during the 2nd quarter valued at approximately $156,000. Comerica Bank purchased a new stake in Grupo Aval Acciones y Valores during the 2nd quarter valued at approximately $162,000. Finally, First Trust Advisors LP purchased a new stake in Grupo Aval Acciones y Valores during the 2nd quarter valued at approximately $163,000. 21.92% of the stock is owned by hedge funds and other institutional investors.

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Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA is a Colombia-based holding company primarily engaged, through its subsidiaries, in the acquisition, purchase and sale of stocks, bonds and other securities of companies active in the financial sector. The Company provides a variety of financial services and products across the Colombian market, ranging from traditional banking services, such as loans and deposits to pension and severance fund management, as well as the provision of legal representation services.The Company owns such subsidiaries as Banco de Bogota SA, Banco Popular SA, among others.

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