Grupo Aval Acciones y Valores SA (NYSE:AVAL) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Thursday.

According to Zacks, “Grupo Aval Acciones y Valores S.A. is a financial services group. It provides a comprehensive range of financial services and products ranging from traditional banking services, such as making loans and taking deposits, to pension and severance fund management. The company also provides general purpose loans, foreign exchange services, documentation services, guarantees, auto financing, payroll loans, and credit cards, as well as various deposit and basic treasury products. It provides fiduciary services; merchandise storage and deposit, customs agency, cargo management, and merchandise distribution; brokerage services, fund management, portfolio management, securities management, and capital markets consulting services; and investment banking, treasury, and private banking services. Grupo Aval Acciones Y Valores S.A. is based in Bogotá, Colombia. “

Other equities analysts have also recently issued reports about the stock. BidaskClub cut shares of Grupo Aval Acciones y Valores SA from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Citigroup Inc. raised shares of Grupo Aval Acciones y Valores SA from a “neutral” rating to a “buy” rating in a research report on Wednesday, June 28th. Finally, ValuEngine raised shares of Grupo Aval Acciones y Valores SA from a “hold” rating to a “buy” rating in a research report on Monday.

Grupo Aval Acciones y Valores SA (AVAL) traded up 1.01% during mid-day trading on Thursday, hitting $9.04. The stock had a trading volume of 73,294 shares. The stock has a market cap of $10.07 billion, a price-to-earnings ratio of 14.58 and a beta of 0.55. Grupo Aval Acciones y Valores SA has a 12-month low of $7.18 and a 12-month high of $9.38. The company has a 50-day moving average of $8.99 and a 200-day moving average of $8.50.

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Institutional investors and hedge funds have recently bought and sold shares of the stock. Citadel Advisors LLC bought a new stake in Grupo Aval Acciones y Valores SA in the 1st quarter valued at $109,000. Wetherby Asset Management Inc. bought a new stake in Grupo Aval Acciones y Valores SA in the 2nd quarter valued at $144,000. Bank of New York Mellon Corp bought a new stake in Grupo Aval Acciones y Valores SA in the 2nd quarter valued at $156,000. Comerica Bank bought a new stake in Grupo Aval Acciones y Valores SA in the 2nd quarter valued at $162,000. Finally, First Trust Advisors LP bought a new stake in Grupo Aval Acciones y Valores SA in the 2nd quarter valued at $163,000. 21.96% of the stock is currently owned by institutional investors and hedge funds.

Grupo Aval Acciones y Valores SA 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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