Grupo Aval Acciones y Valores (NYSE:AVAL) Sets New 1-Year High – Should You Buy?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) reached a new 52-week high during trading on Monday . The stock traded as high as $4.37 and last traded at $4.3590, with a volume of 67218 shares changing hands. The stock had previously closed at $4.30.

Wall Street Analyst Weigh In

A number of brokerages have commented on AVAL. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a report on Tuesday, October 14th. Citigroup raised Grupo Aval Acciones y Valores from a “neutral” rating to a “buy” rating in a research report on Monday, October 20th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Grupo Aval Acciones y Valores has an average rating of “Moderate Buy”.

Grupo Aval Acciones y Valores Stock Performance

The company’s 50-day moving average price is $3.60 and its two-hundred day moving average price is $3.15. The company has a market cap of $5.15 billion, a P/E ratio of 14.02 and a beta of 0.83. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.72.

Grupo Aval Acciones y Valores Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 9th. Stockholders of record on Friday, February 27th will be given a $0.0115 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Friday, February 27th. Grupo Aval Acciones y Valores’s dividend payout ratio is 35.48%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC acquired a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter valued at $34,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Grupo Aval Acciones y Valores in the first quarter valued at about $34,000. Plan A Wealth LLC increased its position in Grupo Aval Acciones y Valores by 32.4% in the 3rd 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. Vise Technologies Inc. purchased a new stake in shares of Grupo Aval Acciones y Valores during the 2nd quarter worth about $56,000. Finally, Inspire Investing LLC lifted its holdings in shares of Grupo Aval Acciones y Valores by 37.4% during the 1st quarter. Inspire Investing LLC now owns 20,129 shares of the bank’s stock valued at $55,000 after buying an additional 5,484 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.