Russell Investments Group Ltd. Sells 20,584 Shares of Grupo Aval Acciones y Valores SA (NYSE:AVAL)

Russell Investments Group Ltd. decreased its holdings in Grupo Aval Acciones y Valores SA (NYSE:AVAL) by 15.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 111,586 shares of the bank’s stock after selling 20,584 shares during the period. Russell Investments Group Ltd.’s holdings in Grupo Aval Acciones y Valores were worth $1,001,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Brandes Investment Partners LP increased its stake in shares of Grupo Aval Acciones y Valores by 0.5% in the 2nd 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 during the last quarter. Vanguard Group Inc. increased its stake in shares of Grupo Aval Acciones y Valores by 12.1% in the 2nd 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 during the last quarter. Schroder Investment Management Group bought a new position in shares of Grupo Aval Acciones y Valores in the 2nd quarter valued at $7,471,000. Ameriprise Financial Inc. increased its stake in shares of Grupo Aval Acciones y Valores by 0.5% in the 2nd 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 during the last quarter. Finally, Teacher Retirement System of Texas boosted its holdings in shares of Grupo Aval Acciones y Valores by 18.8% during the 3rd quarter. Teacher Retirement System of Texas now owns 475,000 shares of the bank’s stock valued at $4,261,000 after acquiring an additional 75,000 shares in the last quarter. Institutional investors own 21.92% of the company’s stock.

Several research firms recently weighed in on AVAL. Citigroup downgraded Grupo Aval Acciones y Valores from a “buy” rating to a “sell” rating in a report on Tuesday, January 9th. Zacks Investment Research raised Grupo Aval Acciones y Valores from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 2nd. ValuEngine raised Grupo Aval Acciones y Valores from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Finally, BidaskClub downgraded Grupo Aval Acciones y Valores from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd.

Grupo Aval Acciones y Valores SA (AVAL) opened at $8.93 on Friday. The company has a market capitalization of $3,124.83, a PE ratio of 15.40 and a beta of 0.51. Grupo Aval Acciones y Valores SA has a twelve month low of $7.42 and a twelve month high of $9.38. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.73.

The business also recently announced a special dividend, which will be paid on Friday, March 9th. Shareholders of record on Wednesday, February 28th will be issued a dividend of $0.0334 per share. This represents a yield of 4.47%. The ex-dividend date is Tuesday, February 27th. Grupo Aval Acciones y Valores’s payout ratio is presently 68.97%.

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Grupo Aval Acciones y Valores 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.

Institutional Ownership by Quarter for Grupo Aval Acciones y Valores (NYSE:AVAL)

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