Grupo Aval Acciones y Valores (NYSE:AVAL) Shares Up 3.1%

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)’s stock price traded up 3.1% on Wednesday . The stock traded as high as $2.00 and last traded at $2.00. 2,027 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 66,935 shares. The stock had previously closed at $1.94.

Grupo Aval Acciones y Valores Stock Up 3.6 %

The firm has a market capitalization of $2.39 billion, a P/E ratio of 24.25 and a beta of 0.99. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.89 and a quick ratio of 1.05. The firm’s 50 day moving average is $2.09 and its two-hundred day moving average is $2.26.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released its quarterly earnings data on Wednesday, August 14th. The bank reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). Grupo Aval Acciones y Valores had a return on equity of 1.46% and a net margin of 1.30%. The firm had revenue of $953.94 million for the quarter, compared to analyst estimates of $994.03 million. Research analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.2 EPS for the current year.

Grupo Aval Acciones y Valores Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 9th. Shareholders of record on Thursday, August 1st were paid a $0.0084 dividend. The ex-dividend date of this dividend was Wednesday, July 31st. This represents a yield of 4.86%. Grupo Aval Acciones y Valores’s dividend payout ratio is 125.00%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Simplicity Wealth LLC bought a new stake in Grupo Aval Acciones y Valores in the 2nd quarter valued at $30,000. Stokes Family Office LLC boosted its position in Grupo Aval Acciones y Valores by 64.5% during the second quarter. Stokes Family Office LLC now owns 51,000 shares of the bank’s stock worth $111,000 after purchasing an additional 20,000 shares during the period. Inspire Advisors LLC increased its holdings in shares of Grupo Aval Acciones y Valores by 11.2% in the first quarter. Inspire Advisors LLC now owns 67,058 shares of the bank’s stock valued at $155,000 after purchasing an additional 6,776 shares during the last quarter. Catalina Capital Group LLC acquired a new stake in shares of Grupo Aval Acciones y Valores during the 1st quarter worth about $25,000. Finally, Fermata Advisors LLC bought a new stake in shares of Grupo Aval Acciones y Valores during the first quarter worth approximately $26,000. 0.21% of the stock is currently owned by institutional investors.

Grupo Aval Acciones y Valores Company Profile

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.