ValuEngine upgraded shares of Grupo Aval Acciones y Valores (NYSE:AVAL) from a hold rating to a buy rating in a research report report published on Friday morning.

A number of other research firms also recently commented on AVAL. BidaskClub upgraded shares of Grupo Aval Acciones y Valores from a buy rating to a strong-buy rating in a report on Saturday, August 26th. Zacks Investment Research downgraded shares of Grupo Aval Acciones y Valores from a hold rating to a sell rating in a report on Thursday, October 5th.

Shares of Grupo Aval Acciones y Valores (NYSE:AVAL) opened at $8.27 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.73. Grupo Aval Acciones y Valores has a fifty-two week low of $7.42 and a fifty-two week high of $9.38. The company has a market cap of $2,893.10, a P/E ratio of 12.68 and a beta of 0.50.

The company also recently declared a special dividend, which will be paid on Friday, March 9th. Stockholders of record on Wednesday, February 28th will be issued a dividend of $0.0334 per share. The ex-dividend date is Tuesday, February 27th. This represents a dividend yield of 4.47%. Grupo Aval Acciones y Valores’s dividend payout ratio is currently 61.54%.

Several hedge funds have recently added to or reduced their stakes in the company. Brandes Investment Partners LP raised its holdings in shares of Grupo Aval Acciones y Valores by 0.5% during the second quarter. Brandes Investment Partners LP now owns 7,729,144 shares of the bank’s stock valued at $67,062,000 after acquiring an additional 38,928 shares during the period. Vanguard Group Inc. raised its holdings in shares of Grupo Aval Acciones y Valores by 12.1% during the second quarter. Vanguard Group Inc. now owns 1,620,356 shares of the bank’s stock valued at $13,417,000 after acquiring an additional 175,077 shares during the period. Schroder Investment Management Group raised its holdings in shares of Grupo Aval Acciones y Valores by 13.1% during the third quarter. Schroder Investment Management Group now owns 1,023,077 shares of the bank’s stock valued at $9,146,000 after acquiring an additional 118,596 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Grupo Aval Acciones y Valores by 0.5% during the second quarter. Ameriprise Financial Inc. now owns 541,198 shares of the bank’s stock valued at $4,482,000 after acquiring an additional 2,930 shares during the period. Finally, Teacher Retirement System of Texas raised its holdings in shares of Grupo Aval Acciones y Valores by 18.8% during the third 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 during the period. Institutional investors and hedge funds own 21.92% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Grupo Aval Acciones y Valores (AVAL) Upgraded to “Buy” at ValuEngine” was originally posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of U.S. & international trademark and copyright law. The legal version of this piece of content can be accessed at https://theolympiareport.com/2017/12/05/grupo-aval-acciones-y-valores-aval-upgraded-to-buy-at-valuengine.html.

About Grupo Aval Acciones y Valores

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Grupo Aval Acciones y Valores SA 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 SA and related companies with Analyst Ratings Network's FREE daily email newsletter.