Global X Management Co. LLC Sells 37,552 Shares of Grupo Aval Acciones y Valores SA (AVAL)

Global X Management Co. LLC decreased its position in Grupo Aval Acciones y Valores SA (NYSE:AVAL) by 8.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 384,772 shares of the bank’s stock after selling 37,552 shares during the quarter. Global X Management Co. LLC owned about 0.11% of Grupo Aval Acciones y Valores worth $3,271,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC bought a new stake in shares of Grupo Aval Acciones y Valores in the 3rd quarter valued at approximately $110,000. Bank of New York Mellon Corp bought a new stake in shares of Grupo Aval Acciones y Valores in the 2nd quarter valued at approximately $156,000. OxFORD Asset Management LLP bought a new stake in shares of Grupo Aval Acciones y Valores in the 3rd quarter valued at approximately $224,000. First Trust Advisors LP grew its stake in shares of Grupo Aval Acciones y Valores by 115.2% in the 3rd quarter. First Trust Advisors LP now owns 42,260 shares of the bank’s stock valued at $379,000 after buying an additional 22,627 shares in the last quarter. Finally, Aperio Group LLC grew its stake in shares of Grupo Aval Acciones y Valores by 18.2% in the 3rd quarter. Aperio Group LLC now owns 253,547 shares of the bank’s stock valued at $2,274,000 after buying an additional 39,076 shares in the last quarter. 21.86% of the stock is owned by institutional investors and hedge funds.

Shares of Grupo Aval Acciones y Valores SA (NYSE:AVAL) opened at $8.91 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. The company has a market capitalization of $3,152.92, a P/E ratio of 15.36 and a beta of 0.59. Grupo Aval Acciones y Valores SA has a 12 month low of $7.42 and a 12 month high of $9.51.

Grupo Aval Acciones y Valores (NYSE:AVAL) last issued its quarterly earnings results on Thursday, November 30th. The bank reported $0.12 EPS for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.01). The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.48 billion. Grupo Aval Acciones y Valores had a net margin of 7.55% and a return on equity of 8.41%. research analysts expect that Grupo Aval Acciones y Valores SA will post 0.6 earnings per share for the current year.

AVAL has been the subject of several recent research reports. BidaskClub cut Grupo Aval Acciones y Valores from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st. ValuEngine raised Grupo Aval Acciones y Valores from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research raised Grupo Aval Acciones y Valores from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. Finally, Citigroup cut Grupo Aval Acciones y Valores from a “buy” rating to a “sell” rating in a research note on Tuesday, January 9th.

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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.

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

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