Grupo Aval Acciones y Valores (NYSE:AVAL) Upgraded at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Grupo Aval Acciones y Valores (NYSE:AVAL) from an underweight rating to a neutral rating in a research report report published on Wednesday morning, MarketBeat Ratings reports. The firm currently has $5.50 target price on the bank’s stock.

Separately, Weiss Ratings lowered Grupo Aval Acciones y Valores from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 5th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $5.50.

Grupo Aval Acciones y Valores Trading Down 2.1%

NYSE:AVAL opened at $5.29 on Wednesday. The company’s 50 day moving average price is $5.15 and its 200-day moving average price is $4.68. Grupo Aval Acciones y Valores has a 52 week low of $3.09 and a 52 week high of $6.20. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.56. The stock has a market cap of $6.28 billion, a price-to-earnings ratio of 13.22 and a beta of 0.59.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its quarterly earnings results on Wednesday, May 13th. The bank reported $0.08 earnings per share for the quarter. Grupo Aval Acciones y Valores had a net margin of 5.08% and a return on equity of 6.52%. On average, equities research analysts forecast that Grupo Aval Acciones y Valores will post 0.43 earnings per share for the current fiscal year.

Grupo Aval Acciones y Valores Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 8th. Shareholders of record on Friday, February 26th will be issued a dividend of $0.0165 per share. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Friday, February 26th. Grupo Aval Acciones y Valores’s dividend payout ratio is currently 43.24%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Pekin Hardy Strauss Inc. grew its position in shares of Grupo Aval Acciones y Valores by 384.2% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 387,400 shares of the bank’s stock valued at $1,569,000 after acquiring an additional 307,400 shares during the period. BTG Pactual Asset Management US LLC bought a new position in Grupo Aval Acciones y Valores in the 2nd quarter worth $99,000. Jane Street Group LLC bought a new position in Grupo Aval Acciones y Valores in the 2nd quarter worth $155,000. Stokes Family Office LLC lifted its position in Grupo Aval Acciones y Valores by 5.1% during the fourth quarter. Stokes Family Office LLC now owns 87,317 shares of the bank’s stock valued at $354,000 after purchasing an additional 4,198 shares in the last quarter. Finally, Marshall Wace LLP lifted its position in Grupo Aval Acciones y Valores by 683.5% during the fourth quarter. Marshall Wace LLP now owns 275,148 shares of the bank’s stock valued at $1,114,000 after purchasing an additional 240,028 shares in the last quarter. Hedge funds and other institutional investors own 0.21% of the company’s stock.

Grupo Aval Acciones y Valores Company Profile

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.