Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Price Up 3.1%

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) traded up 3.1% on Wednesday . The company traded as high as $2.00 and last traded at $2.00. 2,027 shares were traded during mid-day trading, a decline of 97% from the average session volume of 66,935 shares. The stock had previously closed at $1.94.

Grupo Aval Acciones y Valores Price Performance

The firm has a 50-day moving average of $2.09 and a 200-day moving average of $2.25. The stock has a market cap of $2.45 billion, a PE ratio of 25.75 and a beta of 0.99. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.89 and a quick ratio of 1.05.

Grupo Aval Acciones y Valores (NYSE:AVAL) last posted its quarterly earnings results on Wednesday, August 14th. The bank reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). The business had revenue of $953.94 million during the quarter, compared to the consensus estimate of $994.03 million. Grupo Aval Acciones y Valores had a return on equity of 1.46% and a net margin of 1.30%. Research analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.2 EPS for the current year.

Grupo Aval Acciones y Valores Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, August 9th. Investors of record on Thursday, August 1st were paid a dividend of $0.0084 per share. The ex-dividend date was Wednesday, July 31st. This represents a yield of 4.86%. Grupo Aval Acciones y Valores’s payout ratio is 125.00%.

Institutional Trading of Grupo Aval Acciones y Valores

Several hedge funds have recently bought and sold shares of AVAL. Simplicity Wealth LLC bought a new stake in shares of Grupo Aval Acciones y Valores in the second quarter worth about $30,000. Stokes Family Office LLC grew its holdings in Grupo Aval Acciones y Valores by 64.5% during the 2nd quarter. Stokes Family Office LLC now owns 51,000 shares of the bank’s stock valued at $111,000 after buying an additional 20,000 shares in the last quarter. Inspire Advisors LLC increased its stake in Grupo Aval Acciones y Valores by 11.2% in the 1st quarter. Inspire Advisors LLC now owns 67,058 shares of the bank’s stock worth $155,000 after acquiring an additional 6,776 shares during the last quarter. Catalina Capital Group LLC purchased a new stake in shares of Grupo Aval Acciones y Valores during the 1st quarter worth approximately $25,000. Finally, Fermata Advisors LLC bought a new position in shares of Grupo Aval Acciones y Valores during the 1st quarter valued at approximately $26,000. Hedge funds and other institutional investors own 0.21% of the company’s stock.

About Grupo Aval Acciones y Valores

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.