Grupo Aval Acciones y Valores (NYSE:AVAL) Reaches New 1-Year High – Time to Buy?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) shares hit a new 52-week high during trading on Monday . The stock traded as high as $4.78 and last traded at $4.76, with a volume of 21595 shares traded. The stock had previously closed at $4.68.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AVAL. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research report on Friday, January 9th. Citigroup lowered Grupo Aval Acciones y Valores from a “buy” rating to a “neutral” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Grupo Aval Acciones y Valores Price Performance

The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.01 and a current ratio of 1.01. The company has a 50-day moving average price of $4.19 and a 200-day moving average price of $3.69. The firm has a market capitalization of $5.76 billion, a P/E ratio of 14.76 and a beta of 0.64.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released its quarterly earnings data on Thursday, November 13th. The bank reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.23 billion. Grupo Aval Acciones y Valores had a net margin of 4.61% and a return on equity of 5.95%. On average, sell-side analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.21 earnings per share for the current year.

Institutional Trading of Grupo Aval Acciones y Valores

Hedge funds have recently added to or reduced their stakes in the business. First Affirmative Financial Network lifted its holdings in Grupo Aval Acciones y Valores by 18.0% during the third quarter. First Affirmative Financial Network now owns 72,977 shares of the bank’s stock worth $241,000 after acquiring an additional 11,131 shares in the last quarter. Banco BTG Pactual S.A. increased its holdings in shares of Grupo Aval Acciones y Valores by 33.0% in the third quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock worth $51,000 after acquiring an additional 3,871 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Grupo Aval Acciones y Valores by 34.7% during the third quarter. Dimensional Fund Advisors LP now owns 139,173 shares of the bank’s stock worth $458,000 after purchasing an additional 35,862 shares during the period. Pekin Hardy Strauss Inc. bought a new position in shares of Grupo Aval Acciones y Valores during the 3rd quarter valued at about $264,000. Finally, Plan A Wealth LLC grew its position in shares of Grupo Aval Acciones y Valores by 32.4% in the 3rd quarter. Plan A Wealth LLC now owns 15,811 shares of the bank’s stock valued at $52,000 after purchasing an additional 3,868 shares during the period. Institutional investors and hedge funds own 0.21% of the company’s stock.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA is a leading Colombian financial holding company that offers a diversified range of banking and financial services across Latin America. As one of the largest financial conglomerates in Colombia, Grupo Aval provides commercial and retail banking, leasing, insurance brokerage, pension fund management and investment banking through its principal subsidiaries.

Its core banking operations are conducted through a network of well-established institutions, including Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas, which together serve individual consumers, small and medium-sized enterprises and large corporate clients.