Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

A number of other research firms have also commented on AVAL. Citigroup Inc. raised shares of Grupo Aval Acciones y Valores from a “neutral” rating to a “buy” rating in a research report on Wednesday, June 28th. ValuEngine cut shares of Grupo Aval Acciones y Valores from a “buy” rating to a “hold” rating in a research note on Wednesday, September 6th. Finally, Zacks Investment Research raised shares of Grupo Aval Acciones y Valores from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd.

Grupo Aval Acciones y Valores (NYSE AVAL) traded down 0.67% during trading on Tuesday, hitting $8.89. The company had a trading volume of 99,654 shares. Grupo Aval Acciones y Valores has a one year low of $7.18 and a one year high of $9.38. The company has a market capitalization of $9.90 billion, a price-to-earnings ratio of 14.34 and a beta of 0.55. The stock has a 50-day moving average of $8.98 and a 200 day moving average of $8.50.

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A number of hedge funds have recently added to or reduced their stakes in AVAL. Citadel Advisors LLC bought a new position in Grupo Aval Acciones y Valores in the 1st quarter valued at about $109,000. Stevens Capital Management LP bought a new stake in shares of Grupo Aval Acciones y Valores during the 1st quarter worth approximately $126,000. Wetherby Asset Management Inc. acquired a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth approximately $144,000. Bank of New York Mellon Corp acquired a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth approximately $156,000. Finally, Comerica Bank acquired a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth approximately $162,000. 21.96% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA is a Colombia-based holding company primarily engaged, through its subsidiaries, in the acquisition, purchase and sale of stocks, bonds and other securities of companies active in the financial sector. The Company provides a variety of financial services and products across the Colombian market, ranging from traditional banking services, such as loans and deposits to pension and severance fund management, as well as the provision of legal representation services.The Company owns such subsidiaries as Banco de Bogota SA, Banco Popular SA, among others.

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