Grupo Aval Acciones y Valores (NYSE:AVAL) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

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

Grupo Aval Acciones y Valores Price Performance

Grupo Aval Acciones y Valores stock traded down $0.19 during trading hours on Thursday, hitting $4.19. 348,002 shares of the company traded hands, compared to its average volume of 148,747. The firm’s 50-day simple moving average is $4.41 and its two-hundred day simple moving average is $3.96. Grupo Aval Acciones y Valores has a 1-year low of $2.25 and a 1-year high of $5.28. The firm has a market cap of $4.97 billion, a P/E ratio of 12.70 and a beta of 0.64. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.69.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Citigroup downgraded shares of Grupo Aval Acciones y Valores from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 21st. Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research report on Friday, January 9th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC bought a new stake in shares of Grupo Aval Acciones y Valores in the second quarter valued at approximately $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. XTX Topco Ltd acquired a new stake in shares of Grupo Aval Acciones y Valores in the 2nd quarter valued at $78,000. BTG Pactual Asset Management US LLC acquired a new position in Grupo Aval Acciones y Valores during the 2nd quarter valued at about $99,000. Finally, SmartHarvest Portfolios LLC bought a new position in Grupo Aval Acciones y Valores in the fourth quarter valued at approximately $101,000. Institutional investors own 0.21% of the company’s stock.

About Grupo Aval Acciones y Valores

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.