GRUPO AVAL ACCI/S (NYSE:AVAL) has been given a consensus broker rating score of 2.17 (Buy) from the three analysts that provide coverage for the company, Zacks Investment Research reports. Two analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company.
Brokerages have set a 1-year consensus price target of $10.00 for the company and are forecasting that the company will post $0.21 EPS for the current quarter, according to Zacks. Zacks has also assigned GRUPO AVAL ACCI/S an industry rank of 143 out of 255 based on the ratings given to its competitors.
Several equities analysts have issued reports on AVAL shares. Zacks Investment Research upgraded GRUPO AVAL ACCI/S from a “sell” rating to a “hold” rating in a research report on Monday. Citigroup upgraded GRUPO AVAL ACCI/S from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 16th.
NYSE AVAL remained flat at $$7.98 on Monday. The company’s stock had a trading volume of 334,100 shares, compared to its average volume of 123,280. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.66. The firm has a fifty day moving average price of $7.98 and a 200-day moving average price of $7.62. GRUPO AVAL ACCI/S has a 52 week low of $5.59 and a 52 week high of $8.64. The stock has a market cap of $8.89 billion, a price-to-earnings ratio of 9.98 and a beta of 0.99.
The company also recently declared a — dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.0295 per share. This represents a dividend yield of 4.4%. The ex-dividend date is Thursday, February 27th. GRUPO AVAL ACCI/S’s dividend payout ratio (DPR) is 43.75%.
Several large investors have recently made changes to their positions in AVAL. Lindbrook Capital LLC boosted its stake in shares of GRUPO AVAL ACCI/S by 33.4% during the 2nd quarter. Lindbrook Capital LLC now owns 7,562 shares of the bank’s stock worth $60,000 after acquiring an additional 1,893 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of GRUPO AVAL ACCI/S by 64.0% during the 3rd quarter. Parallel Advisors LLC now owns 11,176 shares of the bank’s stock worth $83,000 after acquiring an additional 4,361 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of GRUPO AVAL ACCI/S during the 2nd quarter worth approximately $87,000. Bank of Montreal Can boosted its stake in shares of GRUPO AVAL ACCI/S by 122.4% during the 2nd quarter. Bank of Montreal Can now owns 11,031 shares of the bank’s stock worth $88,000 after acquiring an additional 6,072 shares in the last quarter. Finally, Ballentine Partners LLC boosted its stake in shares of GRUPO AVAL ACCI/S by 23.6% during the 2nd quarter. Ballentine Partners LLC now owns 13,183 shares of the bank’s stock worth $105,000 after acquiring an additional 2,521 shares in the last quarter. 5.65% of the stock is currently owned by institutional investors and hedge funds.
About GRUPO AVAL ACCI/S
Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. The company's deposit products and services include checking accounts, savings accounts, and time deposits, as well as other deposits consisting of deposits from correspondent accounts, cashier checks, and collection services.
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