Grupo Aval Acciones y Valores (NYSE:AVAL) Sees Unusually-High Trading Volume – Here’s Why

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) shares saw an uptick in trading volume on Monday . 150,587 shares changed hands during trading, an increase of 72% from the previous session’s volume of 87,491 shares.The stock last traded at $2.93 and had previously closed at $2.91.

Grupo Aval Acciones y Valores Stock Down 1.1%

The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 11.28 and a beta of 0.83. The firm’s 50-day simple moving average is $2.76 and its two-hundred day simple moving average is $2.60.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its earnings results on Monday, May 12th. The bank reported $0.07 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.03). Grupo Aval Acciones y Valores had a return on equity of 4.17% and a net margin of 3.67%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.03 billion. On average, sell-side analysts expect that Grupo Aval Acciones y Valores S.A. will post 0.21 EPS for the current fiscal year.

Grupo Aval Acciones y Valores Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 10th. Shareholders of record on Tuesday, June 3rd were given a dividend of $0.0084 per share. This represents a yield of 3.56%. This is a boost from Grupo Aval Acciones y Valores’s previous dividend of $0.01. The ex-dividend date of this dividend was Monday, June 2nd. Grupo Aval Acciones y Valores’s payout ratio is 44.00%.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

A number of institutional investors have recently modified their holdings of AVAL. Truffle Hound Capital LLC bought a new position in shares of Grupo Aval Acciones y Valores in the fourth quarter worth about $3,451,000. Banco BTG Pactual S.A. lifted its holdings in shares of Grupo Aval Acciones y Valores by 172.8% in the first quarter. Banco BTG Pactual S.A. now owns 93,160 shares of the bank’s stock worth $254,000 after acquiring an additional 59,006 shares during the last quarter. Inspire Advisors LLC lifted its holdings in shares of Grupo Aval Acciones y Valores by 13.5% in the fourth quarter. Inspire Advisors LLC now owns 79,251 shares of the bank’s stock worth $161,000 after acquiring an additional 9,456 shares during the last quarter. Dauntless Investment Group LLC bought a new position in shares of Grupo Aval Acciones y Valores in the first quarter worth about $161,000. Finally, Inspire Investing LLC lifted its holdings in shares of Grupo Aval Acciones y Valores by 37.4% in the first quarter. Inspire Investing LLC now owns 20,129 shares of the bank’s stock worth $55,000 after acquiring an additional 5,484 shares during the last quarter. Institutional investors own 0.21% of the company’s stock.

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.