Grupo Aval Acciones y Valores (NYSE:AVAL) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Friday.

Several other research analysts have also recently weighed in on AVAL. BidaskClub upgraded Grupo Aval Acciones y Valores from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research upgraded Grupo Aval Acciones y Valores from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd.

Grupo Aval Acciones y Valores (AVAL) traded up $0.09 during trading on Friday, reaching $8.24. The company’s stock had a trading volume of 279,097 shares, compared to its average volume of 168,845. Grupo Aval Acciones y Valores has a twelve month low of $7.42 and a twelve month 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. The company has a market capitalization of $2,938.75, a P/E ratio of 12.88 and a beta of 0.52.

Hedge funds have recently bought and sold shares of the company. Schroder Investment Management Group purchased a new position in shares of Grupo Aval Acciones y Valores in the second quarter worth $7,471,000. Wetherby Asset Management Inc. purchased a new position in shares of Grupo Aval Acciones y Valores in the second quarter worth $144,000. Vanguard Group Inc. raised its stake in shares of Grupo Aval Acciones y Valores by 12.1% in the second quarter. Vanguard Group Inc. now owns 1,620,356 shares of the bank’s stock worth $13,417,000 after purchasing an additional 175,077 shares during the last quarter. Bank of Montreal Can raised its stake in shares of Grupo Aval Acciones y Valores by 485.1% in the second quarter. Bank of Montreal Can now owns 43,300 shares of the bank’s stock worth $359,000 after purchasing an additional 35,900 shares during the last quarter. Finally, Aperio Group LLC raised its stake in shares of Grupo Aval Acciones y Valores by 18.2% in the third quarter. Aperio Group LLC now owns 253,547 shares of the bank’s stock worth $2,274,000 after purchasing an additional 39,076 shares during the last quarter. Hedge funds and other institutional investors own 21.84% of the company’s stock.

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About Grupo Aval Acciones y Valores

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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