Grupo Aval Acciones y Valores (NYSE:AVAL) Sets New 12-Month High – What’s Next?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $5.79 and last traded at $5.7960, with a volume of 391151 shares changing hands. The stock had previously closed at $5.58.

Analyst Ratings Changes

Separately, Weiss Ratings raised Grupo Aval Acciones y Valores from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Grupo Aval Acciones y Valores Price Performance

The stock’s 50-day moving average is $4.72 and its 200 day moving average is $4.44. The stock has a market capitalization of $6.88 billion, a PE ratio of 15.67 and a beta of 0.61. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.56.

Grupo Aval Acciones y Valores (NYSE:AVAL) last posted its quarterly earnings results on Wednesday, May 13th. The bank reported $0.08 earnings per share for the quarter. Grupo Aval Acciones y Valores had a return on equity of 6.24% and a net margin of 4.99%. As a group, equities analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.43 earnings per share for the current year.

Grupo Aval Acciones y Valores Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 1st were given a dividend of $0.0144 per share. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Friday, May 1st. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is presently 37.84%.

Institutional Trading of Grupo Aval Acciones y Valores

Institutional investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC increased its stake in shares of Grupo Aval Acciones y Valores by 6.0% during the 1st quarter. Renaissance Technologies LLC now owns 895,772 shares of the bank’s stock worth $3,941,000 after purchasing an additional 50,912 shares during the last quarter. Pekin Hardy Strauss Inc. raised its holdings in shares of Grupo Aval Acciones y Valores by 384.2% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 387,400 shares of the bank’s stock valued at $1,569,000 after purchasing an additional 307,400 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of Grupo Aval Acciones y Valores by 683.5% during the 4th quarter. Marshall Wace LLP now owns 275,148 shares of the bank’s stock valued at $1,114,000 after purchasing an additional 240,028 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Grupo Aval Acciones y Valores by 34.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 139,173 shares of the bank’s stock valued at $458,000 after purchasing an additional 35,862 shares during the last quarter. Finally, Stokes Family Office LLC lifted its stake in shares of Grupo Aval Acciones y Valores by 5.1% in the 4th quarter. Stokes Family Office LLC now owns 87,317 shares of the bank’s stock valued at $354,000 after purchasing an additional 4,198 shares during the last quarter. 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 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.