Grupo Aval Acciones y Valores (NYSE:AVAL) Sees Unusually-High Trading Volume – Here’s What Happened

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) shares saw an uptick in trading volume on Wednesday . 457,440 shares traded hands during trading, an increase of 180% from the previous session’s volume of 163,324 shares.The stock last traded at $3.99 and had previously closed at $3.55.

Analyst Ratings Changes

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

Grupo Aval Acciones y Valores Stock Up 19.2%

The firm has a market capitalization of $5.02 billion, a PE ratio of 11.75 and a beta of 0.66. The firm’s 50-day moving average is $4.40 and its 200 day moving average is $3.98. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.01 and a current ratio of 1.01.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its earnings results on Thursday, February 26th. The bank reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.24 billion. Grupo Aval Acciones y Valores had a net margin of 5.06% and a return on equity of 7.05%. 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.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

Hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC acquired a new position in shares of Grupo Aval Acciones y Valores in the second quarter worth $34,000. HBK Sorce Advisory LLC acquired a new position in Grupo Aval Acciones y Valores in the 4th quarter valued at about $49,000. Banco BTG Pactual S.A. lifted its holdings in Grupo Aval Acciones y Valores by 33.0% in the 3rd quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock valued at $51,000 after purchasing an additional 3,871 shares in the last quarter. Plan A Wealth LLC boosted its stake in shares of Grupo Aval Acciones y Valores by 32.4% during the 3rd quarter. Plan A Wealth LLC now owns 15,811 shares of the bank’s stock worth $52,000 after purchasing an additional 3,868 shares during the last quarter. Finally, Vise Technologies Inc. purchased a new stake in shares of Grupo Aval Acciones y Valores during the second quarter worth about $56,000. Hedge funds and other institutional investors own 0.21% of the company’s stock.

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.