Grupo Aval Acciones y Valores (NYSE:AVAL) Reaches New 12-Month High – Still a Buy?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $4.52 and last traded at $4.4990, with a volume of 99773 shares trading hands. The stock had previously closed at $4.33.

Wall Street Analyst Weigh In

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

Grupo Aval Acciones y Valores Stock Down 1.3%

The stock has a fifty day simple moving average of $4.18 and a two-hundred day simple moving average of $3.66. The firm has a market cap of $5.54 billion, a PE ratio of 14.15 and a beta of 0.64. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.69.

Grupo Aval Acciones y Valores (NYSE:AVAL) last posted its earnings results on Thursday, November 13th. The bank reported $0.11 earnings per share (EPS) 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 analysts’ expectations of $1.23 billion. Grupo Aval Acciones y Valores had a net margin of 4.61% and a return on equity of 5.95%. As a group, sell-side analysts expect that Grupo Aval Acciones y Valores S.A. will post 0.21 EPS for the current fiscal year.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Several institutional investors have recently added to or reduced their stakes in the company. Stokes Family Office LLC boosted its position in Grupo Aval Acciones y Valores by 51.5% during the 2nd quarter. Stokes Family Office LLC now owns 62,129 shares of the bank’s stock valued at $175,000 after acquiring an additional 21,129 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in Grupo Aval Acciones y Valores by 69.0% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,049 shares of the bank’s stock valued at $59,000 after buying an additional 8,594 shares during the period. Vise Technologies Inc. bought a new position in shares of Grupo Aval Acciones y Valores in the second quarter worth approximately $56,000. XTX Topco Ltd purchased a new position in shares of Grupo Aval Acciones y Valores in the second quarter valued at about $78,000. Finally, EverSource Wealth Advisors LLC bought a new stake in shares of Grupo Aval Acciones y Valores during the second quarter valued at approximately $34,000. 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 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.