Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Price Down 3.3% – What’s Next?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) dropped 3.3% during mid-day trading on Tuesday . The company traded as low as $4.10 and last traded at $4.12. Approximately 36,972 shares changed hands during trading, a decline of 67% from the average daily volume of 110,991 shares. The stock had previously closed at $4.26.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research report on Tuesday, October 14th. Citigroup raised Grupo Aval Acciones y Valores from a “neutral” rating to a “buy” rating in a report on Monday, October 20th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Grupo Aval Acciones y Valores has an average rating of “Moderate Buy”.

Grupo Aval Acciones y Valores Price Performance

The business has a 50-day moving average price of $4.16 and a 200 day moving average price of $3.51. The stock has a market cap of $4.81 billion, a PE ratio of 12.29 and a beta of 0.69. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.69.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released its quarterly earnings data on Thursday, November 13th. The bank reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. Grupo Aval Acciones y Valores had a net margin of 4.61% and a return on equity of 5.95%. The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.23 billion. As a group, research analysts forecast that Grupo Aval Acciones y Valores S.A. will post 0.21 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Inspire Investing LLC grew its stake in Grupo Aval Acciones y Valores by 37.4% during the first quarter. Inspire Investing LLC now owns 20,129 shares of the bank’s stock valued at $55,000 after acquiring an additional 5,484 shares in the last quarter. Stokes Family Office LLC lifted its holdings in shares of Grupo Aval Acciones y Valores by 51.5% during the 2nd quarter. Stokes Family Office LLC now owns 62,129 shares of the bank’s stock worth $175,000 after acquiring an additional 21,129 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in Grupo Aval Acciones y Valores by 69.0% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,049 shares of the bank’s stock worth $59,000 after purchasing an additional 8,594 shares during the period. Vise Technologies Inc. purchased a new stake in Grupo Aval Acciones y Valores during the second quarter valued at about $56,000. Finally, XTX Topco Ltd bought a new stake in Grupo Aval Acciones y Valores in the second quarter valued at approximately $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.