Grupo Aval Acciones y Valores (AVAL) Cut to Sell at Zacks Investment Research

Grupo Aval Acciones y Valores (NYSE:AVAL) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Tuesday, January 9th.

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. “

A number of other equities research analysts have also weighed in on the stock. Citigroup lowered shares of Grupo Aval Acciones y Valores from a “buy” rating to a “sell” rating in a research note on Tuesday, January 9th. ValuEngine upgraded shares of Grupo Aval Acciones y Valores from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, BidaskClub downgraded shares of Grupo Aval Acciones y Valores from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st.

Shares of Grupo Aval Acciones y Valores (AVAL) traded up $0.04 during midday trading on Tuesday, reaching $8.92. 105,376 shares of the company were exchanged, compared to its average volume of 81,773. 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 price-to-earnings ratio of 15.38 and a beta of 0.51. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.05 and a current ratio of 1.05.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its quarterly earnings data on Thursday, November 30th. The bank reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates 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%. equities research analysts predict that Grupo Aval Acciones y Valores will post 0.6 earnings per share for the current year.

Several hedge funds have recently modified their holdings of AVAL. SG Americas Securities LLC bought a new stake in shares of Grupo Aval Acciones y Valores during the 3rd quarter valued at $110,000. Citadel Advisors LLC grew its position in shares of 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 period. Bank of New York Mellon Corp bought a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter valued at $156,000. Comerica Bank bought a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter valued at $162,000. Finally, First Trust Advisors LP bought a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter valued at $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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