Shares of GRUPO AVAL ACCI/S (NYSE:AVAL) have been given a consensus broker rating score of 2.17 (Buy) from the three analysts that cover the stock, 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. GRUPO AVAL ACCI/S’s rating score has improved by 6.9% from 90 days ago as a result of a number of analysts’ upgrades and downgrades.
Analysts have set a twelve-month consensus price objective of $10.00 for the company, according to Zacks. Zacks has also given GRUPO AVAL ACCI/S an industry rank of 36 out of 256 based on the ratings given to related companies.
AVAL has been the topic of several recent research reports. Zacks Investment Research upgraded shares of GRUPO AVAL ACCI/S from a “hold” rating to a “buy” rating and set a $8.75 target price on the stock in a research report on Monday, March 25th. ValuEngine upgraded GRUPO AVAL ACCI/S from a “sell” rating to a “hold” rating in a research note on Wednesday, March 20th.
Shares of GRUPO AVAL ACCI/S stock traded up $0.02 during trading on Friday, hitting $7.12. 2,221 shares of the company’s stock traded hands, compared to its average volume of 99,875. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.68. GRUPO AVAL ACCI/S has a twelve month low of $5.59 and a twelve month high of $8.89.
The business also recently announced a monthly dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Friday, August 30th will be paid a $0.0318 dividend. The ex-dividend date is Thursday, August 29th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 5.36%. GRUPO AVAL ACCI/S’s payout ratio is 46.25%.
Several institutional investors and hedge funds have recently modified their holdings of the company. Lindbrook Capital LLC purchased a new position in GRUPO AVAL ACCI/S during the fourth quarter worth approximately $33,000. PNC Financial Services Group Inc. boosted its position in GRUPO AVAL ACCI/S by 40.3% during the first quarter. PNC Financial Services Group Inc. now owns 5,940 shares of the bank’s stock worth $46,000 after purchasing an additional 1,706 shares in the last quarter. New York State Common Retirement Fund purchased a new position in GRUPO AVAL ACCI/S during the fourth quarter worth approximately $59,000. Ballentine Partners LLC purchased a new position in GRUPO AVAL ACCI/S during the fourth quarter worth approximately $63,000. Finally, Parallel Advisors LLC purchased a new position in GRUPO AVAL ACCI/S during the first quarter worth approximately $80,000.
GRUPO AVAL ACCI/S Company Profile
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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