Short Interest in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Decreases By 8.0%

Grupo Aval Acciones y Valores S.A. (NYSE:AVALGet Rating) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 341,600 shares, a decrease of 8.0% from the August 15th total of 371,200 shares. Based on an average trading volume of 121,500 shares, the short-interest ratio is presently 2.8 days.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

Several hedge funds and other institutional investors have recently modified their holdings of AVAL. Itau Unibanco Holding S.A. purchased a new position in shares of Grupo Aval Acciones y Valores during the fourth quarter valued at about $3,196,000. Veriti Management LLC grew its holdings in Grupo Aval Acciones y Valores by 15.3% in the first quarter. Veriti Management LLC now owns 51,150 shares of the bank’s stock worth $233,000 after purchasing an additional 6,790 shares during the period. Envestnet Asset Management Inc. grew its holdings in Grupo Aval Acciones y Valores by 5.1% in the first quarter. Envestnet Asset Management Inc. now owns 128,551 shares of the bank’s stock worth $585,000 after purchasing an additional 6,247 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in Grupo Aval Acciones y Valores by 16.6% in the first quarter. Mercer Global Advisors Inc. ADV now owns 45,632 shares of the bank’s stock worth $208,000 after purchasing an additional 6,505 shares during the period. Finally, StoneX Group Inc. purchased a new stake in Grupo Aval Acciones y Valores in the first quarter worth about $1,264,000. Hedge funds and other institutional investors own 0.33% of the company’s stock.

Grupo Aval Acciones y Valores Price Performance

Shares of NYSE AVAL opened at $2.94 on Tuesday. Grupo Aval Acciones y Valores has a 1 year low of $2.75 and a 1 year high of $6.15. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.16 and a quick ratio of 1.16. The company’s 50-day moving average is $3.26 and its 200 day moving average is $3.98. The stock has a market capitalization of $3.26 billion, a P/E ratio of 2.90 and a beta of 1.32.

Grupo Aval Acciones y Valores (NYSE:AVALGet Rating) last announced its quarterly earnings results on Friday, August 12th. The bank reported $0.15 earnings per share (EPS) for the quarter. Grupo Aval Acciones y Valores had a net margin of 16.58% and a return on equity of 8.43%. The company had revenue of $739.12 million for the quarter. On average, sell-side analysts expect that Grupo Aval Acciones y Valores will post 0.82 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, TheStreet downgraded shares of Grupo Aval Acciones y Valores from a “c” rating to a “d+” rating in a research note on Wednesday, August 31st.

Grupo Aval Acciones y Valores Company Profile

(Get Rating)

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. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans.

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