Vise Technologies Inc. Purchases 112,579 Shares of Grupo Aval Acciones y Valores S.A. $AVAL

Vise Technologies Inc. lifted its position in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) by 437.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 138,309 shares of the bank’s stock after purchasing an additional 112,579 shares during the period. Vise Technologies Inc.’s holdings in Grupo Aval Acciones y Valores were worth $667,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of AVAL. Renaissance Technologies LLC raised its position in shares of Grupo Aval Acciones y Valores by 6.0% during the 1st quarter. Renaissance Technologies LLC now owns 895,772 shares of the bank’s stock valued at $3,941,000 after purchasing an additional 50,912 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Grupo Aval Acciones y Valores by 7.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 132,619 shares of the bank’s stock worth $580,000 after buying an additional 8,692 shares during the period. Triasima Portfolio Management inc. purchased a new stake in Grupo Aval Acciones y Valores in the 3rd quarter worth $351,000. Sage Investment Counsel LLC increased its stake in Grupo Aval Acciones y Valores by 18.0% in the 3rd quarter. Sage Investment Counsel LLC now owns 71,955 shares of the bank’s stock worth $347,000 after buying an additional 11,000 shares in the last quarter. Finally, Engineers Gate Manager LP purchased a new stake in Grupo Aval Acciones y Valores in the 2nd quarter worth $120,000. 0.21% of the stock is currently owned by institutional investors.

Grupo Aval Acciones y Valores Stock Up 2.5%

Shares of AVAL opened at $4.45 on Wednesday. Grupo Aval Acciones y Valores S.A. has a 1 year low of $3.35 and a 1 year high of $6.20. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.88 and a quick ratio of 0.88. The business’s 50 day simple moving average is $4.90 and its 200-day simple moving average is $4.77. The stock has a market capitalization of $5.28 billion, a price-to-earnings ratio of 9.86 and a beta of 0.60.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Wall Street Zen raised Grupo Aval Acciones y Valores to a “hold” rating in a report on Saturday, October 17th. JPMorgan Chase & Co. lowered Grupo Aval Acciones y Valores from a “neutral” rating to an “underweight” rating and dropped their price objective for the stock from $5.50 to $5.00 in a research note on Wednesday, September 16th. Finally, Weiss Ratings cut Grupo Aval Acciones y Valores from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, September 3rd. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $5.00.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores is a Colombian financial holding company with businesses in banking, asset management, investment banking and infrastructure. Its financial services include commercial and consumer banking, pension and severance fund management, and services for businesses and institutional clients. In Colombia, the group’s banking interests include Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas. It also has a presence in Central America through BAC, which provides banking and other financial services in the region.