Grupo Aval Acciones y Valores (NYSE:AVAL) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Grupo Aval Acciones y Valores (NYSE:AVAL) announced its earnings results on Thursday. The bank reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02, Zacks reports. Grupo Aval Acciones y Valores had a return on equity of 5.95% and a net margin of 4.61%.

Grupo Aval Acciones y Valores Stock Performance

Shares of AVAL stock traded down $0.19 on Thursday, hitting $4.19. 348,002 shares of the stock were exchanged, compared to its average volume of 148,747. The firm has a market capitalization of $4.97 billion, a PE ratio of 12.70 and a beta of 0.64. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.69. The firm’s 50 day moving average is $4.41 and its two-hundred day moving average is $3.96. Grupo Aval Acciones y Valores has a one year low of $2.25 and a one year high of $5.28.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a report on Friday, January 9th. Citigroup downgraded shares of Grupo Aval Acciones y Valores from a “buy” rating to a “neutral” rating in a report on Wednesday, January 21st. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Large investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC bought a new stake in Grupo Aval Acciones y Valores in the 2nd quarter worth approximately $34,000. Banco BTG Pactual S.A. raised its holdings in Grupo Aval Acciones y Valores by 33.0% in the third quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock worth $51,000 after purchasing an additional 3,871 shares in the last quarter. XTX Topco Ltd bought a new stake in Grupo Aval Acciones y Valores in the second quarter worth $78,000. BTG Pactual Asset Management US LLC purchased a new stake in shares of Grupo Aval Acciones y Valores during the second quarter valued at approximately $99,000. Finally, SmartHarvest Portfolios LLC purchased a new stake in shares of Grupo Aval Acciones y Valores during the 4th quarter valued at about $101,000. Institutional investors own 0.21% of the company’s stock.

About Grupo Aval Acciones y Valores

Grupo Aval Acciones y Valores SA is a leading Colombian financial holding company that offers a diversified range of banking and financial services across Latin America. As one of the largest financial conglomerates in Colombia, Grupo Aval provides commercial and retail banking, leasing, insurance brokerage, pension fund management and investment banking through its principal subsidiaries.

Its core banking operations are conducted through a network of well-established institutions, including Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas, which together serve individual consumers, small and medium-sized enterprises and large corporate clients.