Zacks Investment Research upgraded shares of Grupo Aval Acciones y Valores (NYSE:AVAL) from a sell rating to a hold rating in a research note issued to investors 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. “

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A number of other research analysts also recently weighed in on AVAL. ValuEngine raised shares of Grupo Aval Acciones y Valores from a hold rating to a buy rating in a research report on Friday, December 1st. Citigroup downgraded shares of Grupo Aval Acciones y Valores from a buy rating to a sell rating in a research report on Tuesday, January 9th.

Grupo Aval Acciones y Valores (NYSE:AVAL) opened at $8.46 on Thursday. The firm has a market cap of $2,970.35, a price-to-earnings ratio of 14.59 and a beta of 0.62. Grupo Aval Acciones y Valores has a 12-month low of $7.46 and a 12-month high of $9.51. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.05 and a quick ratio of 1.05.

Institutional investors have recently added to or reduced their stakes in the stock. Northern Trust Corp grew its position in shares of Grupo Aval Acciones y Valores by 4.8% in the 2nd quarter. Northern Trust Corp now owns 420,188 shares of the bank’s stock valued at $3,480,000 after acquiring an additional 19,322 shares during the period. Vanguard Group Inc. grew its position in shares of Grupo Aval Acciones y Valores by 12.1% in the 2nd quarter. Vanguard Group Inc. now owns 1,620,356 shares of the bank’s stock valued at $13,417,000 after acquiring an additional 175,077 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Grupo Aval Acciones y Valores by 0.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 335,139 shares of the bank’s stock valued at $2,775,000 after acquiring an additional 2,500 shares during the period. First Trust Advisors LP grew its position in shares of Grupo Aval Acciones y Valores by 115.2% in the 3rd quarter. First Trust Advisors LP now owns 42,260 shares of the bank’s stock valued at $379,000 after acquiring an additional 22,627 shares during the period. Finally, Aperio Group LLC grew its position in shares of Grupo Aval Acciones y Valores by 18.2% in the 3rd quarter. Aperio Group LLC now owns 253,547 shares of the bank’s stock valued at $2,274,000 after acquiring an additional 39,076 shares during the period. 21.55% of the stock is owned by institutional investors and hedge funds.

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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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