Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Short Interest Down 55.0% in March

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) was the recipient of a large decrease in short interest in March. As of March 13th, there was short interest totaling 201,161 shares, a decrease of 55.0% from the February 26th total of 447,119 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 331,296 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd purchased a new position in Grupo Aval Acciones y Valores in the 2nd quarter valued at about $78,000. BTG Pactual Asset Management US LLC purchased a new stake in shares of Grupo Aval Acciones y Valores during the second quarter worth about $99,000. SmartHarvest Portfolios LLC purchased a new stake in shares of Grupo Aval Acciones y Valores during the fourth quarter worth about $101,000. Jane Street Group LLC acquired a new position in shares of Grupo Aval Acciones y Valores in the second quarter worth about $155,000. Finally, Marshall Wace LLP lifted its stake in shares of Grupo Aval Acciones y Valores by 73.6% in the second quarter. Marshall Wace LLP now owns 60,733 shares of the bank’s stock worth $171,000 after acquiring an additional 25,753 shares in the last quarter. Hedge funds and other institutional investors own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

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

Grupo Aval Acciones y Valores Stock Down 1.9%

Grupo Aval Acciones y Valores stock traded down $0.08 during midday trading on Friday, hitting $4.11. 82,202 shares of the company were exchanged, compared to its average volume of 228,978. The company has a market cap of $4.88 billion, a PE ratio of 11.42 and a beta of 0.66. Grupo Aval Acciones y Valores has a fifty-two week low of $2.25 and a fifty-two week high of $5.28. The company’s fifty day moving average price is $4.37 and its 200-day moving average price is $4.07. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.08 and a quick ratio of 1.01.

Grupo Aval Acciones y Valores (NYSE:AVAL) last issued its quarterly earnings data on Thursday, February 26th. The bank reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.02. Grupo Aval Acciones y Valores had a net margin of 5.06% and a return on equity of 6.99%. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.24 billion. On average, research analysts predict that Grupo Aval Acciones y Valores will post 0.21 EPS for the current fiscal year.

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.