Grupo Aval Acciones y Valores (NYSE:AVAL) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Grupo Aval Acciones y Valores (NYSE:AVAL) posted its quarterly earnings data on Thursday. The bank reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01, Zacks reports. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.23 billion. Grupo Aval Acciones y Valores had a return on equity of 2.61% and a net margin of 4.49%.

Grupo Aval Acciones y Valores Trading Down 0.4%

NYSE:AVAL traded down $0.02 on Friday, hitting $4.20. The stock had a trading volume of 212,958 shares, compared to its average volume of 116,178. The company has a fifty day moving average price of $3.68 and a two-hundred day moving average price of $3.19. Grupo Aval Acciones y Valores has a 1-year low of $1.97 and a 1-year high of $4.50. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.72. The stock has a market cap of $4.98 billion, a price-to-earnings ratio of 13.53 and a beta of 0.83.

Grupo Aval Acciones y Valores Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 9th. Shareholders of record on Friday, February 27th will be paid a dividend of $0.0115 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.3%. Grupo Aval Acciones y Valores’s payout ratio is 33.33%.

Analyst Ratings Changes

Several analysts recently commented on the company. Citigroup upgraded Grupo Aval Acciones y Valores from a “neutral” rating to a “buy” rating in a research report on Monday, October 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AVAL. EverSource Wealth Advisors LLC purchased a new position in Grupo Aval Acciones y Valores in the second quarter worth approximately $34,000. Banco BTG Pactual S.A. lifted its stake in shares of Grupo Aval Acciones y Valores by 33.0% in the 3rd quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock valued at $51,000 after purchasing an additional 3,871 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth $78,000. BTG Pactual Asset Management US LLC purchased a new position in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth $99,000. Finally, Jane Street Group LLC acquired a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth about $155,000. 0.21% of the stock is currently owned by institutional investors and hedge funds.

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.