Grupo Aval Acciones y Valores (NYSE:AVAL) Shares Down 3.3% – Here’s Why

Shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) fell 3.3% during mid-day trading on Tuesday . The stock traded as low as $4.10 and last traded at $4.12. 36,972 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 110,991 shares. The stock had previously closed at $4.26.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Citigroup raised Grupo Aval Acciones y Valores from a “neutral” rating to a “buy” rating in a research report on Monday, October 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Grupo Aval Acciones y Valores has an average rating of “Moderate Buy”.

Grupo Aval Acciones y Valores Stock Performance

The stock has a market capitalization of $4.95 billion, a P/E ratio of 12.65 and a beta of 0.69. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.01 and a quick ratio of 1.01. The company has a 50 day simple moving average of $4.15 and a 200-day simple moving average of $3.50.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released its quarterly earnings results on Thursday, November 13th. The bank reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Grupo Aval Acciones y Valores had a net margin of 4.61% and a return on equity of 5.95%. On average, equities analysts forecast that Grupo Aval Acciones y Valores S.A. will post 0.21 EPS for the current year.

Institutional Trading of Grupo Aval Acciones y Valores

Hedge funds and other institutional investors have recently modified their holdings of the business. Inspire Investing LLC increased its position in Grupo Aval Acciones y Valores by 37.4% during the 1st quarter. Inspire Investing LLC now owns 20,129 shares of the bank’s stock valued at $55,000 after buying an additional 5,484 shares in the last quarter. Stokes Family Office LLC raised its holdings in Grupo Aval Acciones y Valores by 51.5% in the second quarter. Stokes Family Office LLC now owns 62,129 shares of the bank’s stock worth $175,000 after buying an additional 21,129 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Grupo Aval Acciones y Valores by 69.0% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,049 shares of the bank’s stock valued at $59,000 after buying an additional 8,594 shares during the last quarter. Vise Technologies Inc. purchased a new stake in shares of Grupo Aval Acciones y Valores during the second quarter valued at approximately $56,000. Finally, XTX Topco Ltd bought a new stake in shares of Grupo Aval Acciones y Valores during the second quarter valued at approximately $78,000. 0.21% of the stock is owned by hedge funds and other 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.