Grupo Aval Acciones y Valores (NYSE:AVAL) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

Other research analysts have also recently issued reports about the stock. BidaskClub cut shares of Grupo Aval Acciones y Valores from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Zacks Investment Research cut shares of 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 (AVAL) traded up $0.09 during midday trading on Friday, reaching $8.24. 279,097 shares of the company traded hands, compared to its average volume of 152,946. The stock has a market capitalization of $2,893.11, a PE ratio of 12.68 and a beta of 0.51. Grupo Aval Acciones y Valores has a 52-week low of $7.42 and a 52-week high of $9.38. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.69.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC purchased a new position in Grupo Aval Acciones y Valores during the third quarter worth about $110,000. Citadel Advisors LLC raised its holdings in 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. purchased a new position in Grupo Aval Acciones y Valores in the second quarter valued at about $144,000. Bank of New York Mellon Corp purchased a new position in Grupo Aval Acciones y Valores in the second quarter valued at about $156,000. Finally, Comerica Bank purchased a new position in Grupo Aval Acciones y Valores in the second quarter valued at about $162,000. 21.84% of the stock is owned by hedge funds and other institutional investors.

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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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