Grupo Aval Acciones y Valores (NYSE:AVAL) Raised to “Hold” at Wall Street Zen

Grupo Aval Acciones y Valores (NYSE:AVAL) was upgraded by analysts at Wall Street Zen to a “hold” rating in a report released on Saturday, Wall Street Zen reports.

Several other brokerages have also commented on AVAL. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $5.00 price target (down from $5.50) on shares of Grupo Aval Acciones y Valores in a research note on Wednesday, September 16th. Weiss Ratings downgraded shares of Grupo Aval Acciones y Valores from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, September 3rd. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Grupo Aval Acciones y Valores presently has a consensus rating of “Reduce” and a consensus target price of $5.00.

Grupo Aval Acciones y Valores Stock Up 0.4%

AVAL stock opened at $4.87 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.56. Grupo Aval Acciones y Valores has a twelve month low of $3.35 and a twelve month high of $6.20. The company’s 50 day moving average is $5.18 and its two-hundred day moving average is $4.95. The stock has a market cap of $5.78 billion, a P/E ratio of 12.18 and a beta of 0.59.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Triasima Portfolio Management inc. purchased a new position in shares of Grupo Aval Acciones y Valores during the third quarter worth approximately $351,000. Sanders Morris Harris LLC acquired a new position in shares of Grupo Aval Acciones y Valores in the 3rd quarter valued at $99,000. QRG Capital Management Inc. purchased a new stake in Grupo Aval Acciones y Valores in the 2nd quarter valued at $68,000. Engineers Gate Manager LP purchased a new stake in Grupo Aval Acciones y Valores in the 2nd quarter valued at $120,000. Finally, AXQ Capital LP purchased a new stake in Grupo Aval Acciones y Valores in the 2nd quarter valued at $120,000. Hedge funds and other institutional investors own 0.21% of the company’s stock.

About Grupo Aval Acciones y Valores

Grupo Aval Acciones y Valores SA is a Colombian financial holding company with interests spanning commercial banking, investment banking, asset management and other financial services. Through its subsidiaries and affiliated companies, the group serves individuals, businesses and institutional clients with products such as deposits, loans, payment services, trust and fiduciary services, brokerage, pension and severance fund administration, and investment banking.

Its principal Colombian banking operations include Banco de Bogotá, Banco de Occidente and Banco Popular.