Grupo Aval Acciones y Valores (AVAL) Upgraded to “Hold” by Zacks Investment Research

Grupo Aval Acciones y Valores (NYSE:AVAL) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Thursday.

According to Zacks, “Grupo Aval Acciones y Valores S.A. is a financial services group. It provides a comprehensive range of financial services and products ranging from traditional banking services, such as making loans and taking deposits, to pension and severance fund management. The company also provides general purpose loans, foreign exchange services, documentation services, guarantees, auto financing, payroll loans, and credit cards, as well as various deposit and basic treasury products. It provides fiduciary services; merchandise storage and deposit, customs agency, cargo management, and merchandise distribution; brokerage services, fund management, portfolio management, securities management, and capital markets consulting services; and investment banking, treasury, and private banking services. Grupo Aval Acciones Y Valores S.A. is based in Bogotá, Colombia. “

How to Become a New Pot Stock Millionaire

A number of other research firms also recently issued reports on AVAL. ValuEngine upgraded Grupo Aval Acciones y Valores from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Citigroup downgraded Grupo Aval Acciones y Valores from a “buy” rating to a “sell” rating in a report on Tuesday, January 9th.

Grupo Aval Acciones y Valores (NYSE:AVAL) opened at $8.46 on Thursday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $3,019.50, a price-to-earnings ratio of 14.59 and a beta of 0.62. Grupo Aval Acciones y Valores has a twelve month low of $7.46 and a twelve month high of $9.51.

Large investors have recently modified their holdings of the company. SG Americas Securities LLC bought a new position in shares of Grupo Aval Acciones y Valores during the third quarter valued at $110,000. OxFORD Asset Management LLP bought a new position in shares of Grupo Aval Acciones y Valores during the third quarter valued at $224,000. First Trust Advisors LP increased its holdings in shares of Grupo Aval Acciones y Valores by 115.2% during the third quarter. First Trust Advisors LP now owns 42,260 shares of the bank’s stock valued at $379,000 after acquiring an additional 22,627 shares in the last quarter. Aperio Group LLC increased its holdings in shares of Grupo Aval Acciones y Valores by 18.2% during the third quarter. Aperio Group LLC now owns 253,547 shares of the bank’s stock valued at $2,274,000 after acquiring an additional 39,076 shares in the last quarter. Finally, Guggenheim Capital LLC increased its holdings in shares of Grupo Aval Acciones y Valores by 2.3% during the fourth quarter. Guggenheim Capital LLC now owns 270,915 shares of the bank’s stock valued at $2,303,000 after acquiring an additional 6,003 shares in the last quarter. Hedge funds and other institutional investors own 21.55% of the company’s stock.

WARNING: “Grupo Aval Acciones y Valores (AVAL) Upgraded to “Hold” by Zacks Investment Research” was originally published by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this story on another domain, it was copied illegally and republished in violation of US & international trademark & copyright laws. The legal version of this story can be read at https://sportsperspectives.com/2018/03/10/grupo-aval-acciones-y-valores-aval-upgraded-to-hold-by-zacks-investment-research.html.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA is a Colombia-based holding company primarily engaged, through its subsidiaries, in the acquisition, purchase and sale of stocks, bonds and other securities of companies active in the financial sector. The Company provides a variety of financial services and products across the Colombian market, ranging from traditional banking services, such as loans and deposits to pension and severance fund management, as well as the provision of legal representation services.The Company owns such subsidiaries as Banco de Bogota SA, Banco Popular SA, among others.

Get a free copy of the Zacks research report on Grupo Aval Acciones y Valores (AVAL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Grupo Aval Acciones y Valores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Aval Acciones y Valores and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply