Grupo Aval Acciones y Valores S.A. $AVAL Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. increased its position in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) by 437.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,309 shares of the bank’s stock after purchasing an additional 112,579 shares during the period. Vise Technologies Inc.’s holdings in Grupo Aval Acciones y Valores were worth $667,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AVAL. Dimensional Fund Advisors LP increased its stake in Grupo Aval Acciones y Valores by 7.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 132,619 shares of the bank’s stock valued at $580,000 after purchasing an additional 8,692 shares in the last quarter. Sage Investment Counsel LLC raised its holdings in Grupo Aval Acciones y Valores by 18.0% in the third quarter. Sage Investment Counsel LLC now owns 71,955 shares of the bank’s stock worth $347,000 after buying an additional 11,000 shares during the last quarter. QRG Capital Management Inc. bought a new position in shares of Grupo Aval Acciones y Valores in the second quarter worth approximately $68,000. Sanders Morris Harris LLC bought a new position in shares of Grupo Aval Acciones y Valores in the third quarter worth approximately $99,000. Finally, AXQ Capital LP bought a new position in shares of Grupo Aval Acciones y Valores in the second quarter worth approximately $120,000. 0.21% of the stock is owned by hedge funds and other institutional investors.

Grupo Aval Acciones y Valores Trading Up 2.5%

Shares of Grupo Aval Acciones y Valores stock opened at $4.45 on Wednesday. The company’s fifty day simple moving average is $4.90 and its 200-day simple moving average is $4.77. Grupo Aval Acciones y Valores S.A. has a 1-year low of $3.35 and a 1-year high of $6.20. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market capitalization of $5.28 billion, a PE ratio of 9.86 and a beta of 0.60.

Analysts Set New Price Targets

Several brokerages recently weighed in on AVAL. Wall Street Zen raised shares of Grupo Aval Acciones y Valores to a “hold” rating in a research report on Saturday, October 17th. JPMorgan Chase & Co. lowered shares of Grupo Aval Acciones y Valores from a “neutral” rating to an “underweight” rating and decreased their price objective for the stock from $5.50 to $5.00 in a report on Wednesday, September 16th. Finally, Weiss Ratings cut Grupo Aval Acciones y Valores from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, September 3rd. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Grupo Aval Acciones y Valores has an average rating of “Reduce” and an average target price of $5.00.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores is a Colombian financial holding company with businesses in banking, asset management, investment banking and infrastructure. Its financial services include commercial and consumer banking, pension and severance fund management, and services for businesses and institutional clients. In Colombia, the group’s banking interests include Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas. It also has a presence in Central America through BAC, which provides banking and other financial services in the region.