GRUPO AVAL ACCI/S (NYSE:AVAL) was upgraded by stock analysts at Santander from a “hold” rating to a “buy” rating in a research note issued to investors on Monday.

A number of other equities research analysts have also issued reports on the stock. JPMorgan Chase & Co. raised shares of GRUPO AVAL ACCI/S from an “underweight” rating to a “neutral” rating and set a $9.00 target price for the company in a research note on Monday, July 30th. Zacks Investment Research raised shares of GRUPO AVAL ACCI/S from a “sell” rating to a “hold” rating in a research note on Tuesday, September 4th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. GRUPO AVAL ACCI/S presently has a consensus rating of “Hold” and an average price target of $9.50.

Shares of NYSE:AVAL traded down $0.04 during trading on Monday, reaching $7.46. 104,692 shares of the company traded hands, compared to its average volume of 245,359. The firm has a market capitalization of $2.63 billion, a P/E ratio of 12.43 and a beta of 0.63. GRUPO AVAL ACCI/S has a 1-year low of $6.67 and a 1-year high of $9.51. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.77.

GRUPO AVAL ACCI/S (NYSE:AVAL) last issued its earnings results on Thursday, August 16th. The bank reported $0.24 earnings per share (EPS) for the quarter. The company had revenue of $1.81 billion during the quarter. GRUPO AVAL ACCI/S had a net margin of 9.22% and a return on equity of 8.56%. Equities research analysts expect that GRUPO AVAL ACCI/S will post 0.76 earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. increased its holdings in shares of GRUPO AVAL ACCI/S by 2.4% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 362,969 shares of the bank’s stock worth $3,009,000 after purchasing an additional 8,355 shares during the period. Signaturefd LLC increased its stake in GRUPO AVAL ACCI/S by 240.9% in the third quarter. Signaturefd LLC now owns 13,017 shares of the bank’s stock valued at $101,000 after acquiring an additional 9,199 shares during the period. Dimensional Fund Advisors LP increased its stake in GRUPO AVAL ACCI/S by 3.0% in the second quarter. Dimensional Fund Advisors LP now owns 361,552 shares of the bank’s stock valued at $2,996,000 after acquiring an additional 10,472 shares during the period. Northern Trust Corp increased its stake in GRUPO AVAL ACCI/S by 2.7% in the second quarter. Northern Trust Corp now owns 419,629 shares of the bank’s stock valued at $3,478,000 after acquiring an additional 11,031 shares during the period. Finally, Bank of Montreal Can increased its stake in GRUPO AVAL ACCI/S by 22.4% in the third quarter. Bank of Montreal Can now owns 80,765 shares of the bank’s stock valued at $627,000 after acquiring an additional 14,800 shares during the period. 17.94% of the stock is owned by institutional investors and hedge funds.

GRUPO AVAL ACCI/S Company Profile

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.

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