Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Price Down 1.8%

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)’s share price traded down 1.8% during mid-day trading on Tuesday . The company traded as low as $2.21 and last traded at $2.21. 2,611 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 83,986 shares. The stock had previously closed at $2.25.

Grupo Aval Acciones y Valores Trading Up 0.9 %

The company’s 50-day moving average is $2.49 and its 200-day moving average is $2.39. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 37.51 and a beta of 1.10.

Grupo Aval Acciones y Valores Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, April 8th. Stockholders of record on Monday, April 1st will be given a dividend of $0.0102 per share. The ex-dividend date is Thursday, March 28th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 5.46%. Grupo Aval Acciones y Valores’s payout ratio is 300.05%.

Institutional Trading of Grupo Aval Acciones y Valores

A number of hedge funds and other institutional investors have recently modified their holdings of AVAL. Creative Planning acquired a new position in Grupo Aval Acciones y Valores during the 4th quarter valued at about $28,000. Marshall Wace LLP bought a new position in Grupo Aval Acciones y Valores in the fourth quarter valued at approximately $32,000. Morgan Stanley boosted its stake in Grupo Aval Acciones y Valores by 2,216.7% in the fourth quarter. Morgan Stanley now owns 15,962 shares of the bank’s stock valued at $40,000 after acquiring an additional 15,273 shares during the last quarter. Virtu Financial LLC acquired a new stake in Grupo Aval Acciones y Valores during the 4th quarter worth $53,000. Finally, Stokes Family Office LLC raised its position in shares of Grupo Aval Acciones y Valores by 67.6% during the 3rd quarter. Stokes Family Office LLC now owns 31,000 shares of the bank’s stock valued at $75,000 after acquiring an additional 12,500 shares during the last quarter. Institutional investors and hedge funds 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.