Global X MANAGEMENT CO LLC lowered its holdings in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) by 6.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 422,324 shares of the bank’s stock after selling 30,804 shares during the period. Global X MANAGEMENT CO LLC owned 0.12% of Grupo Aval Acciones y Valores worth $3,788,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in AVAL. Citadel Advisors LLC lifted its stake in shares of Grupo Aval Acciones y Valores by 13.7% during the second quarter. Citadel Advisors LLC now owns 15,201 shares of the bank’s stock worth $126,000 after purchasing an additional 1,830 shares in the last quarter. Wetherby Asset Management Inc. acquired a new position in shares of Grupo Aval Acciones y Valores during the second quarter worth about $144,000. Bank of New York Mellon Corp acquired a new position in shares of Grupo Aval Acciones y Valores during the second quarter worth about $156,000. Comerica Bank acquired a new position in shares of Grupo Aval Acciones y Valores during the second quarter worth about $162,000. Finally, First Trust Advisors LP acquired a new position in shares of Grupo Aval Acciones y Valores during the second quarter worth about $163,000. 21.90% of the stock is owned by institutional investors and hedge funds.

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Grupo Aval Acciones y Valores S.A. (NYSE AVAL) opened at $8.22 on Tuesday. The company has a market capitalization of $2,924.71, a P/E ratio of 12.81 and a beta of 0.52. Grupo Aval Acciones y Valores S.A. has a fifty-two week low of $7.18 and a fifty-two week high of $9.38. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.69.

The business also recently announced a special dividend, which will be paid on Friday, March 9th. Stockholders of record on Wednesday, February 28th will be issued a dividend of $0.0334 per share. This represents a dividend yield of 4.47%. The ex-dividend date of this dividend is Tuesday, February 27th. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is presently 61.54%.

A number of brokerages have commented on AVAL. BidaskClub upgraded Grupo Aval Acciones y Valores from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 26th. ValuEngine lowered Grupo Aval Acciones y Valores from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. Finally, Zacks Investment Research lowered Grupo Aval Acciones y Valores from a “hold” rating to a “sell” rating in a report on Thursday, October 5th.

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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Institutional Ownership by Quarter for Grupo Aval Acciones y Valores (NYSE:AVAL)

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