Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Lifted to Hold by Wall Street Zen

Wall Street Zen upgraded shares of Grupo Aval Acciones y Valores (NYSE:AVAL) to a hold rating in a research report sent to investors on Saturday,Wall Street Zen reports.

Other analysts have also recently issued reports about the stock. Weiss Ratings cut shares of Grupo Aval Acciones y Valores from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, September 3rd. JPMorgan Chase & Co. restated an “underweight” rating and set a $5.00 price objective (down from $5.50) on shares of Grupo Aval Acciones y Valores in a report on Wednesday, September 16th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $5.00.

Grupo Aval Acciones y Valores Stock Performance

Shares of AVAL stock opened at $4.87 on Friday. Grupo Aval Acciones y Valores has a one year low of $3.35 and a one year high of $6.20. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.88 and a current ratio of 0.88. The company has a 50 day moving average price of $5.18 and a 200 day moving average price of $4.94. The firm has a market capitalization of $5.78 billion, a price-to-earnings ratio of 12.18 and a beta of 0.59.

Grupo Aval Acciones y Valores Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 8th. Investors of record on Friday, February 26th will be issued a dividend of $0.0165 per share. This represents a $0.20 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Friday, February 26th. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is presently 40.00%.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Apollon Wealth Management LLC acquired a new stake in Grupo Aval Acciones y Valores in the first quarter valued at approximately $55,000. QRG Capital Management Inc. purchased a new stake in shares of Grupo Aval Acciones y Valores during the second quarter valued at approximately $68,000. Sanders Morris Harris LLC purchased a new stake in shares of Grupo Aval Acciones y Valores during the third quarter valued at approximately $99,000. AXQ Capital LP acquired a new position in shares of Grupo Aval Acciones y Valores during the second quarter worth $120,000. Finally, Engineers Gate Manager LP acquired a new position in shares of Grupo Aval Acciones y Valores during the second quarter worth $120,000. Hedge funds and other institutional investors own 0.21% of the company’s stock.

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.