Grupo Aval Acciones y Valores S.A. (AVAL) Downgraded by Zacks Investment Research to “Sell”

Zacks Investment Research downgraded shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) from a hold rating to a sell rating in a 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. “

Several other equities research analysts also recently issued reports on the stock. Citigroup Inc. raised shares of Grupo Aval Acciones y Valores from a neutral rating to a buy rating in a research report on Wednesday, June 28th. BidaskClub downgraded shares of Grupo Aval Acciones y Valores from a buy rating to a hold rating in a research report on Wednesday, June 21st. Finally, ValuEngine downgraded shares of Grupo Aval Acciones y Valores from a buy rating to a hold rating in a research report on Wednesday, September 6th.

Grupo Aval Acciones y Valores (NYSE AVAL) opened at 9.03 on Thursday. The stock has a market capitalization of $10.06 billion, a PE ratio of 14.56 and a beta of 0.55. Grupo Aval Acciones y Valores has a 12-month low of $7.18 and a 12-month high of $9.38. The stock’s 50 day moving average is $9.01 and its 200 day moving average is $8.51.

TRADEMARK VIOLATION WARNING: This piece was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece on another site, it was illegally copied and reposted in violation of international copyright & trademark legislation. The correct version of this piece can be viewed at https://ledgergazette.com/2017/10/09/grupo-aval-acciones-y-valores-s-a-aval-downgraded-by-zacks-investment-research-to-sell.html.

The business also recently disclosed a None dividend, which will be paid on Tuesday, October 10th. Stockholders of record on Friday, September 29th will be given a dividend of $0.034 per share. This is an increase from Grupo Aval Acciones y Valores’s previous None dividend of $0.03. The ex-dividend date of this dividend is Thursday, September 28th. This represents a dividend yield of 4.46%. Grupo Aval Acciones y Valores’s dividend payout ratio is currently 66.15%.

A number of institutional investors have recently added to or reduced their stakes in the stock. Brandes Investment Partners LP grew its position in Grupo Aval Acciones y Valores by 0.5% in the second quarter. Brandes Investment Partners LP now owns 7,729,144 shares of the bank’s stock valued at $67,062,000 after purchasing an additional 38,928 shares in the last quarter. Vanguard Group Inc. grew its position in Grupo Aval Acciones y Valores by 12.1% in the second quarter. Vanguard Group Inc. now owns 1,620,356 shares of the bank’s stock valued at $13,417,000 after purchasing an additional 175,077 shares in the last quarter. Schroder Investment Management Group bought a new position in Grupo Aval Acciones y Valores in the second quarter valued at $7,471,000. Renaissance Technologies LLC grew its position in Grupo Aval Acciones y Valores by 64.6% in the first quarter. Renaissance Technologies LLC now owns 688,700 shares of the bank’s stock valued at $5,627,000 after purchasing an additional 270,394 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in Grupo Aval Acciones y Valores by 0.5% in the second quarter. Ameriprise Financial Inc. now owns 541,198 shares of the bank’s stock valued at $4,482,000 after purchasing an additional 2,930 shares in the last quarter. 21.96% of the stock is owned by institutional investors and hedge funds.

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 fro

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. “

Several other equities research analysts also recently issued reports on the stock. Citigroup Inc. raised shares of Grupo Aval Acciones y Valores from a neutral rating to a buy rating in a research report on Wednesday, June 28th. BidaskClub downgraded shares of Grupo Aval Acciones y Valores from a buy rating to a hold rating in a research report on Wednesday, June 21st. Finally, ValuEngine downgraded shares of Grupo Aval Acciones y Valores from a buy rating to a hold rating in a research report on Wednesday, September 6th.

Grupo Aval Acciones y Valores (NYSE AVAL) opened at 9.03 on Thursday. The stock has a market capitalization of $10.06 billion, a PE ratio of 14.56 and a beta of 0.55. Grupo Aval Acciones y Valores has a 12-month low of $7.18 and a 12-month high of $9.38. The stock’s 50 day moving average is $9.01 and its 200 day moving average is $8.51.

TRADEMARK VIOLATION WARNING: This piece was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece on another site, it was illegally copied and reposted in violation of international copyright & trademark legislation. The correct version of this piece can be viewed at https://ledgergazette.com/2017/10/09/grupo-aval-acciones-y-valores-s-a-aval-downgraded-by-zacks-investment-research-to-sell.html.

The business also recently disclosed a None dividend, which will be paid on Tuesday, October 10th. Stockholders of record on Friday, September 29th will be given a dividend of $0.034 per share. This is an increase from Grupo Aval Acciones y Valores’s previous None dividend of $0.03. The ex-dividend date of this dividend is Thursday, September 28th. This represents a dividend yield of 4.46%. Grupo Aval Acciones y Valores’s dividend payout ratio is currently 66.15%.

A number of institutional investors have recently added to or reduced their stakes in the stock. Brandes Investment Partners LP grew its position in Grupo Aval Acciones y Valores by 0.5% in the second quarter. Brandes Investment Partners LP now owns 7,729,144 shares of the bank’s stock valued at $67,062,000 after purchasing an additional 38,928 shares in the last quarter. Vanguard Group Inc. grew its position in Grupo Aval Acciones y Valores by 12.1% in the second quarter. Vanguard Group Inc. now owns 1,620,356 shares of the bank’s stock valued at $13,417,000 after purchasing an additional 175,077 shares in the last quarter. Schroder Investment Management Group bought a new position in Grupo Aval Acciones y Valores in the second quarter valued at $7,471,000. Renaissance Technologies LLC grew its position in Grupo Aval Acciones y Valores by 64.6% in the first quarter. Renaissance Technologies LLC now owns 688,700 shares of the bank’s stock valued at $5,627,000 after purchasing an additional 270,394 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in Grupo Aval Acciones y Valores by 0.5% in the second quarter. Ameriprise Financial Inc. now owns 541,198 shares of the bank’s stock valued at $4,482,000 after purchasing an additional 2,930 shares in the last quarter. 21.96% of the stock is owned by institutional investors and hedge funds.

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.

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