Grupo Aval Acciones y Valores (NYSE:AVAL) Upgraded to Neutral at JPMorgan Chase & Co.

Grupo Aval Acciones y Valores (NYSE:AVAL) was upgraded by JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a research note issued on Wednesday, Marketbeat Ratings reports. The brokerage presently has a $5.50 price objective on the bank’s stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 4.86% from the stock’s previous close.

Separately, Weiss Ratings lowered shares of Grupo Aval Acciones y Valores from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 5th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Grupo Aval Acciones y Valores currently has an average rating of “Hold” and an average target price of $5.50.

Grupo Aval Acciones y Valores Stock Performance

Shares of AVAL opened at $5.25 on Wednesday. The firm has a market cap of $6.23 billion, a PE ratio of 14.18 and a beta of 0.59. The stock’s fifty day moving average price is $5.12 and its two-hundred day moving average price is $4.67. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.01 and a quick ratio of 1.01. Grupo Aval Acciones y Valores has a 1 year low of $2.96 and a 1 year high of $6.20.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its quarterly earnings data on Wednesday, May 13th. The bank reported $0.08 earnings per share for the quarter. Grupo Aval Acciones y Valores had a return on equity of 6.24% and a net margin of 4.99%. On average, equities research analysts forecast that Grupo Aval Acciones y Valores will post 0.43 EPS for the current year.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

A number of large investors have recently modified their holdings of AVAL. Renaissance Technologies LLC increased its holdings in Grupo Aval Acciones y Valores by 6.0% during the 1st quarter. Renaissance Technologies LLC now owns 895,772 shares of the bank’s stock worth $3,941,000 after acquiring an additional 50,912 shares during the period. Pekin Hardy Strauss Inc. boosted its holdings in Grupo Aval Acciones y Valores by 384.2% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 387,400 shares of the bank’s stock valued at $1,569,000 after purchasing an additional 307,400 shares during the period. Marshall Wace LLP boosted its holdings in Grupo Aval Acciones y Valores by 683.5% in the 4th quarter. Marshall Wace LLP now owns 275,148 shares of the bank’s stock valued at $1,114,000 after purchasing an additional 240,028 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Grupo Aval Acciones y Valores by 34.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 139,173 shares of the bank’s stock valued at $458,000 after purchasing an additional 35,862 shares in the last quarter. Finally, Stokes Family Office LLC increased its holdings in shares of Grupo Aval Acciones y Valores by 5.1% in the fourth quarter. Stokes Family Office LLC now owns 87,317 shares of the bank’s stock worth $354,000 after purchasing an additional 4,198 shares during the period. 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.