Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Short Interest Update

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) was the target of a significant 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 stock are sold short. Based on an average trading volume of 147,284 shares, the days-to-cover ratio is currently 3.4 days.

Wall Street Analyst Weigh In

AVAL has been the subject of several recent analyst reports. Citigroup downgraded 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 report on Wednesday, April 8th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC purchased a new position in shares of Grupo Aval Acciones y Valores in the second quarter worth about $34,000. HBK Sorce Advisory LLC purchased a new position in shares of Grupo Aval Acciones y Valores in the fourth quarter worth about $49,000. Banco BTG Pactual S.A. raised its stake in shares of Grupo Aval Acciones y Valores by 33.0% in the third quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock worth $51,000 after purchasing an additional 3,871 shares during the last quarter. Plan A Wealth LLC raised its stake in shares of Grupo Aval Acciones y Valores by 32.4% in the third quarter. Plan A Wealth LLC now owns 15,811 shares of the bank’s stock worth $52,000 after purchasing an additional 3,868 shares during the last quarter. Finally, Apollon Wealth Management LLC purchased a new position in shares of Grupo Aval Acciones y Valores in the first quarter worth about $55,000. 0.21% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Aval Acciones y Valores Price Performance

NYSE AVAL traded up $0.01 during trading on Friday, hitting $4.47. The company’s stock had a trading volume of 174,927 shares, compared to its average volume of 177,090. The company has a market cap of $5.30 billion, a PE ratio of 12.40 and a beta of 0.61. The business’s 50 day simple moving average is $4.30 and its 200-day simple moving average is $4.27. Grupo Aval Acciones y Valores has a fifty-two week low of $2.61 and a fifty-two week high of $5.28.

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 for the quarter, topping the consensus estimate of $0.10 by $0.02. The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.24 billion. Grupo Aval Acciones y Valores had a return on equity of 6.99% and a net margin of 5.06%. Analysts expect that Grupo Aval Acciones y Valores will post 0.48 EPS for the current fiscal year.

Grupo Aval Acciones y Valores Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, May 11th. Stockholders of record on Friday, May 1st will be paid a $0.0144 dividend. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Friday, May 1st. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is presently 36.11%.

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.