Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Short Interest Up 27.2% in April

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) saw a large increase in short interest in April. As of April 15th, there was short interest totaling 494,797 shares, an increase of 27.2% from the March 31st total of 389,042 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 147,284 shares, the short-interest ratio is currently 3.4 days.

Analyst Ratings Changes

A number of brokerages have recently commented on AVAL. Citigroup downgraded shares of Grupo Aval Acciones y Valores from a “buy” rating to a “neutral” rating in a report on Wednesday, January 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research note on Wednesday, April 8th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Grupo Aval Acciones y Valores presently has a consensus rating of “Hold”.

Grupo Aval Acciones y Valores Stock Down 4.2%

Shares of NYSE:AVAL traded down $0.19 during midday trading on Wednesday, reaching $4.32. The company’s stock had a trading volume of 158,163 shares, compared to its average volume of 177,840. The business has a 50 day moving average price of $4.30 and a 200 day moving average price of $4.27. Grupo Aval Acciones y Valores has a 1 year low of $2.61 and a 1 year high of $5.28. The firm has a market cap of $5.13 billion, a price-to-earnings ratio of 12.00 and a beta of 0.61.

Grupo Aval Acciones y Valores (NYSE:AVAL) last issued its quarterly earnings results on Thursday, February 26th. The bank reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.24 billion. Grupo Aval Acciones y Valores had a return on equity of 6.99% and a net margin of 5.06%. Sell-side analysts anticipate that Grupo Aval Acciones y Valores will post 0.48 earnings per share for the current fiscal year.

Grupo Aval Acciones y Valores Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, May 11th. Investors of record on Friday, May 1st will be given a $0.0144 dividend. The ex-dividend date of this dividend is Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.0%. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is currently 38.89%.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

Large investors have recently bought and sold shares of the stock. SmartHarvest Portfolios LLC acquired a new position in shares of Grupo Aval Acciones y Valores in the 4th quarter valued at $101,000. BTG Pactual Asset Management US LLC acquired a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth $99,000. XTX Topco Ltd acquired a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth $78,000. Banco BTG Pactual S.A. raised its position 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 worth $51,000 after buying an additional 3,871 shares during the period. Finally, EverSource Wealth Advisors LLC acquired a new position in Grupo Aval Acciones y Valores in the second quarter valued at $34,000. 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 is a leading Colombian financial holding company that offers a diversified range of banking and financial services across Latin America. As one of the largest financial conglomerates in Colombia, Grupo Aval provides commercial and retail banking, leasing, insurance brokerage, pension fund management and investment banking through its principal subsidiaries.

Its core banking operations are conducted through a network of well-established institutions, including Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas, which together serve individual consumers, small and medium-sized enterprises and large corporate clients.