Grupo Aval Acciones y Valores (NYSE:AVAL) Sees Large Volume Increase – Here’s What Happened

Shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) saw an uptick in trading volume on Monday . 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.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Grupo Aval Acciones y Valores from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Grupo Aval Acciones y Valores Price Performance

The firm has a market capitalization of $6.27 billion, a price-to-earnings ratio of 14.37 and a beta of 0.61. The company’s 50 day moving average is $4.72 and its 200 day moving average is $4.44. 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 issued its quarterly earnings data on Wednesday, May 13th. The bank reported $0.08 earnings per share 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, equities research analysts anticipate that Grupo Aval Acciones y Valores S.A. will post 0.43 earnings per share for the current fiscal year.

Grupo Aval Acciones y Valores Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 1st were paid a $0.0144 dividend. 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 35.14%.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVAL. Banco BTG Pactual S.A. lifted its position in shares of Grupo Aval Acciones y Valores by 33.0% during the 3rd quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock valued at $51,000 after acquiring an additional 3,871 shares during the period. Stokes Family Office LLC increased its position in shares of Grupo Aval Acciones y Valores by 5.1% in the fourth quarter. Stokes Family Office LLC now owns 87,317 shares of the bank’s stock worth $354,000 after purchasing an additional 4,198 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Grupo Aval Acciones y Valores by 7.0% in the first 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 during the period. First Affirmative Financial Network raised its stake in Grupo Aval Acciones y Valores by 18.0% in the third quarter. First Affirmative Financial Network now owns 72,977 shares of the bank’s stock valued at $241,000 after purchasing an additional 11,131 shares in the last quarter. Finally, HBK Sorce Advisory LLC bought a new stake in Grupo Aval Acciones y Valores during the fourth quarter worth about $49,000. 0.21% of the stock is 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.