Grupo Aval Acciones y Valores (NYSE:AVAL) Sees Large Volume Increase – Should You Buy?

Shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) saw an uptick in trading volume on Monday . Approximately 650,115 shares were traded during trading, an increase of 197% from the previous session’s volume of 219,090 shares.The stock last traded at $5.6250 and had previously closed at $5.75.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Grupo Aval Acciones y Valores from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 18th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Grupo Aval Acciones y Valores has an average rating of “Hold”.

Grupo Aval Acciones y Valores Stock Performance

The business has a 50-day moving average of $4.75 and a two-hundred day moving average of $4.46. The company has a market cap of $6.30 billion, a P/E ratio of 14.35 and a beta of 0.61. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.01 and a quick ratio of 1.01.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its earnings results on Wednesday, May 13th. The bank reported $0.08 EPS for the quarter. Grupo Aval Acciones y Valores had a net margin of 4.99% and a return on equity of 6.24%. On average, sell-side analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.43 EPS for the current fiscal year.

Grupo Aval Acciones y Valores Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 1st were paid a dividend of $0.0144 per share. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Friday, May 1st. Grupo Aval Acciones y Valores’s payout ratio is 37.84%.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC increased its position in shares of Grupo Aval Acciones y Valores by 6.0% during the first 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 in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Grupo Aval Acciones y Valores by 7.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 132,619 shares of the bank’s stock worth $580,000 after purchasing an additional 8,692 shares in the last quarter. Sage Investment Counsel LLC boosted its position in shares of Grupo Aval Acciones y Valores by 79.3% in the 1st quarter. Sage Investment Counsel LLC now owns 60,955 shares of the bank’s stock worth $268,000 after purchasing an additional 26,955 shares in the last quarter. Apollon Wealth Management LLC purchased a new position in Grupo Aval Acciones y Valores during the 1st quarter worth $55,000. Finally, Stokes Family Office LLC grew its stake in Grupo Aval Acciones y Valores by 5.1% during the 4th quarter. Stokes Family Office LLC now owns 87,317 shares of the bank’s stock worth $354,000 after buying 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.