Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Price Down 7.9% – What’s Next?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) was down 7.9% on Monday . The company traded as low as $3.73 and last traded at $3.7650. Approximately 189,543 shares were traded during mid-day trading, an increase of 26% from the average daily volume of 150,408 shares. The stock had previously closed at $4.09.

Analyst Ratings Changes

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

Grupo Aval Acciones y Valores Stock Down 7.6%

The firm has a market capitalization of $4.49 billion, a PE ratio of 10.50 and a beta of 0.67. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.69. The business has a 50-day moving average price of $4.42 and a 200-day moving average price of $3.98.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its quarterly earnings data on Thursday, February 26th. The bank reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. Grupo Aval Acciones y Valores had a net margin of 5.06% and a return on equity of 7.05%. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.24 billion. Equities research analysts forecast that Grupo Aval Acciones y Valores S.A. will post 0.21 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC purchased a new position in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth approximately $34,000. HBK Sorce Advisory LLC purchased a new position in shares of Grupo Aval Acciones y Valores during the fourth quarter worth $49,000. Banco BTG Pactual S.A. grew its stake in shares of 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 valued at $51,000 after buying an additional 3,871 shares in the last quarter. Plan A Wealth LLC raised its holdings in shares of Grupo Aval Acciones y Valores by 32.4% in the 3rd quarter. Plan A Wealth LLC now owns 15,811 shares of the bank’s stock valued at $52,000 after buying an additional 3,868 shares during the period. Finally, Vise Technologies Inc. purchased a new stake in shares of Grupo Aval Acciones y Valores in the 2nd quarter valued at $56,000. 0.21% of the stock is owned by hedge funds and other institutional investors.

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.