Wall Street Zen Upgrades Grupo Aval Acciones y Valores (NYSE:AVAL) to Hold

Key Points

• Wall Street Zen upgraded Grupo Aval Acciones y Valores to “Hold,” while the broader analyst consensus remains “Reduce,” with two Hold ratings and one Sell rating and an average price target of $5.00.
• AVAL shares were trading at $4.87, down 0.6%, with a market capitalization of approximately $5.78 billion and a price-to-earnings ratio of 11.14.
• Institutional ownership remains limited at 0.21%, although several investors—including Renaissance Technologies and Sage Investment Counsel—recently increased or initiated positions.

Grupo Aval Acciones y Valores (NYSE:AVAL - Get Free Report) was upgraded by analysts at Wall Street Zen to a "hold" rating in a research report issued on Saturday, Wall Street Zen reports.

AVAL has been the subject of a number of other research reports. Weiss Ratings cut Grupo Aval Acciones y Valores from a "hold (c+)" rating to a "hold (c)" rating in a research report on Thursday, September 3rd. JPMorgan Chase & Co. reaffirmed an "underweight" rating and issued a $5.00 target price (down from $5.50) on shares of Grupo Aval Acciones y Valores in a research report on Wednesday, September 16th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Reduce" and an average target price of $5.00.

Grupo Aval Acciones y Valores Trading Down 0.6%

NYSE AVAL opened at $4.87 on Friday. Grupo Aval Acciones y Valores has a 1-year low of $3.35 and a 1-year high of $6.20. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $5.78 billion, a PE ratio of 11.14 and a beta of 0.59. The firm's fifty day simple moving average is $5.18 and its 200-day simple moving average is $4.94.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Large investors have recently bought and sold shares of the business. Triasima Portfolio Management inc. bought a new position in Grupo Aval Acciones y Valores during the third quarter valued at about $351,000. Renaissance Technologies LLC lifted its position in shares of Grupo Aval Acciones y Valores by 6.0% in the first quarter. Renaissance Technologies LLC now owns 895,772 shares of the bank's stock worth $3,941,000 after buying an additional 50,912 shares during the last quarter. Sage Investment Counsel LLC lifted its position in shares of Grupo Aval Acciones y Valores by 79.3% in the first quarter. Sage Investment Counsel LLC now owns 60,955 shares of the bank's stock worth $268,000 after buying an additional 26,955 shares during the last quarter. Engineers Gate Manager LP bought a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth about $120,000. Finally, AXQ Capital LP bought a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth about $120,000. 0.21% of the stock is currently owned by institutional investors.

About Grupo Aval Acciones y Valores

Grupo Aval Acciones y Valores SA is a Colombian financial holding company with interests spanning commercial banking, investment banking, asset management and other financial services. Through its subsidiaries and affiliated companies, the group serves individuals, businesses and institutional clients with products such as deposits, loans, payment services, trust and fiduciary services, brokerage, pension and severance fund administration, and investment banking.

Its principal Colombian banking operations include Banco de Bogotá, Banco de Occidente and Banco Popular.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.