GRUPO AVAL ACCI/S (NYSE:AVAL) has been assigned a consensus broker rating score of 2.17 (Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company. GRUPO AVAL ACCI/S’s rating score has improved by 6.9% in the last three months as a result of various analysts’ ratings changes.

Analysts have set a 12 month consensus price target of $10.00 for the company, according to Zacks. Zacks has also given GRUPO AVAL ACCI/S an industry rank of 34 out of 255 based on the ratings given to its competitors.

Several research firms recently issued reports on AVAL. ValuEngine upgraded GRUPO AVAL ACCI/S from a “sell” rating to a “hold” rating in a research report on Tuesday, April 9th. Zacks Investment Research upgraded GRUPO AVAL ACCI/S from a “hold” rating to a “buy” rating and set a $8.75 price objective on the stock in a research report on Monday, March 25th.

Several hedge funds have recently modified their holdings of AVAL. Lindbrook Capital LLC bought a new stake in shares of GRUPO AVAL ACCI/S in the 4th quarter worth approximately $33,000. New York State Common Retirement Fund bought a new stake in shares of GRUPO AVAL ACCI/S in the 4th quarter worth approximately $59,000. Ballentine Partners LLC bought a new stake in shares of GRUPO AVAL ACCI/S in the 4th quarter worth approximately $63,000. Mercer Global Advisors Inc. ADV bought a new stake in shares of GRUPO AVAL ACCI/S in the 1st quarter worth approximately $85,000. Finally, Two Sigma Advisers LP bought a new stake in shares of GRUPO AVAL ACCI/S in the 4th quarter worth approximately $88,000.

AVAL traded down $0.08 on Wednesday, hitting $8.26. 134,865 shares of the company were exchanged, compared to its average volume of 164,504. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.09 and a quick ratio of 1.06. GRUPO AVAL ACCI/S has a 12 month low of $5.59 and a 12 month high of $9.28. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 13.77 and a beta of 0.82.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Friday, August 30th will be given a $0.0318 dividend. The ex-dividend date is Thursday, August 29th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 4.62%. GRUPO AVAL ACCI/S’s dividend payout ratio is currently 63.33%.

About GRUPO AVAL ACCI/S

Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. The company's deposit products and services include checking accounts, savings accounts, and time deposits, as well as other deposits consisting of deposits from correspondent accounts, cashier checks, and collection services.

Featured Story: How prevalent are 12b-1 fees?

Get a free copy of the Zacks research report on GRUPO AVAL ACCI/S (AVAL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for GRUPO AVAL ACCI/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GRUPO AVAL ACCI/S and related companies with MarketBeat.com's FREE daily email newsletter.