Zacks: Grupo Aval Acciones y Valores SA (AVAL) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Grupo Aval Acciones y Valores SA (NYSE:AVAL) have received an average broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell recommendation and one has given a strong buy recommendation to the company.

Brokers have set a 1 year consensus price target of $8.50 for the company and are expecting that the company will post $0.15 earnings per share for the current quarter, according to Zacks. Zacks has also given Grupo Aval Acciones y Valores an industry rank of 46 out of 265 based on the ratings given to related companies.

AVAL has been the subject of a number of analyst reports. ValuEngine upgraded shares of Grupo Aval Acciones y Valores from a “hold” rating to a “buy” rating in a report on Friday. BidaskClub cut shares of Grupo Aval Acciones y Valores from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Finally, Zacks Investment Research upgraded shares of Grupo Aval Acciones y Valores from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd.

Institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC purchased a new position in Grupo Aval Acciones y Valores during the third quarter worth about $110,000. Citadel Advisors LLC boosted its holdings in Grupo Aval Acciones y Valores by 13.7% during the second quarter. Citadel Advisors LLC now owns 15,201 shares of the bank’s stock worth $126,000 after purchasing an additional 1,830 shares during the last quarter. Wetherby Asset Management Inc. purchased a new position in Grupo Aval Acciones y Valores during the second quarter worth about $144,000. Bank of New York Mellon Corp purchased a new position in Grupo Aval Acciones y Valores during the second quarter worth about $156,000. Finally, Comerica Bank purchased a new position in Grupo Aval Acciones y Valores during the second quarter worth about $162,000. Institutional investors and hedge funds own 21.84% of the company’s stock.

Grupo Aval Acciones y Valores (NYSE:AVAL) opened at $8.24 on Friday. The stock has a market cap of $2,893.11, a PE ratio of 12.68 and a beta of 0.51. Grupo Aval Acciones y Valores has a twelve month low of $7.42 and a twelve month high of $9.38. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.69.

The company also recently declared a special dividend, which will be paid on Friday, March 9th. Investors of record on Wednesday, February 28th will be issued a dividend of $0.0334 per share. This represents a yield of 4.47%. The ex-dividend date of this dividend is Tuesday, February 27th. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is presently 61.54%.

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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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