Grupo Aval Acciones y Valores (AVAL) Expected to Announce Quarterly Earnings on Wednesday

Grupo Aval Acciones y Valores (NYSE:AVAL) is expected to announce its results before the market opens on Wednesday, March 11th. Analysts expect the company to announce earnings of $0.1064 per share and revenue of $1.2294 billion for the quarter.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released its quarterly earnings results on Thursday, February 26th. The bank reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.24 billion. Grupo Aval Acciones y Valores had a return on equity of 6.99% and a net margin of 5.06%. On average, analysts expect Grupo Aval Acciones y Valores to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Grupo Aval Acciones y Valores Stock Down 5.1%

Grupo Aval Acciones y Valores stock opened at $3.76 on Monday. Grupo Aval Acciones y Valores has a one year low of $2.25 and a one year high of $5.28. The stock has a fifty day moving average of $4.38 and a 200 day moving average of $4.00. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.01 and a current ratio of 1.08. The stock has a market cap of $4.46 billion, a PE ratio of 10.44 and a beta of 0.67.

Institutional Trading of Grupo Aval Acciones y Valores

Several institutional investors and hedge funds have recently modified their holdings of the company. Stokes Family Office LLC boosted its stake in shares of Grupo Aval Acciones y Valores by 5.1% in the fourth quarter. Stokes Family Office LLC now owns 87,317 shares of the bank’s stock worth $354,000 after acquiring an additional 4,198 shares during the period. Marshall Wace LLP raised its stake in Grupo Aval Acciones y Valores by 683.5% during the 4th 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 during the period. SmartHarvest Portfolios LLC purchased a new position in Grupo Aval Acciones y Valores in the 4th quarter worth approximately $101,000. Banco BTG Pactual S.A. lifted its holdings in Grupo Aval Acciones y Valores by 33.0% in the 3rd 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. Finally, Dimensional Fund Advisors LP boosted its stake in Grupo Aval Acciones y Valores by 34.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 139,173 shares of the bank’s stock worth $458,000 after purchasing an additional 35,862 shares during the period. 0.21% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AVAL has been the subject of a number of recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research note on Friday, January 9th. Citigroup cut shares of Grupo Aval Acciones y Valores from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

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.