Grupo Aval Acciones y Valores (NYSE:AVAL) Hits New 12-Month High – Time to Buy?

Grupo Aval Acciones y Valores S.A. (NYSE:AVALGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $5.39 and last traded at $5.3240, with a volume of 64228 shares trading hands. The stock had previously closed at $5.16.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research report on Wednesday, April 8th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Get Our Latest Research Report on Grupo Aval Acciones y Valores

Grupo Aval Acciones y Valores Stock Performance

The company has a debt-to-equity ratio of 0.56, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a 50-day simple moving average of $4.59 and a 200-day simple moving average of $4.39. The stock has a market cap of $6.61 billion, a P/E ratio of 15.05 and a beta of 0.61.

Grupo Aval Acciones y Valores (NYSE:AVALGet Free Report) last released its quarterly earnings results on Wednesday, May 13th. The bank reported $0.08 earnings per share for the quarter. Grupo Aval Acciones y Valores had a return on equity of 6.24% and a net margin of 4.99%. Research analysts forecast that Grupo Aval Acciones y Valores S.A. will post 0.43 earnings per share for the current year.

Grupo Aval Acciones y Valores Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 1st were issued a dividend of $0.0144 per share. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Friday, May 1st. Grupo Aval Acciones y Valores’s payout ratio is 37.84%.

Institutional Trading of Grupo Aval Acciones y Valores

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Renaissance Technologies LLC grew its holdings in shares of Grupo Aval Acciones y Valores by 6.0% during the first quarter. Renaissance Technologies LLC now owns 895,772 shares of the bank’s stock worth $3,941,000 after purchasing an additional 50,912 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Grupo Aval Acciones y Valores by 7.0% during 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 last quarter. Sage Investment Counsel LLC grew its holdings in shares of Grupo Aval Acciones y Valores by 79.3% during the first quarter. Sage Investment Counsel LLC now owns 60,955 shares of the bank’s stock worth $268,000 after purchasing an additional 26,955 shares during the last quarter. Apollon Wealth Management LLC bought a new stake in shares of Grupo Aval Acciones y Valores during the first quarter worth about $55,000. Finally, Stokes Family Office LLC grew its holdings in shares of Grupo Aval Acciones y Valores by 5.1% during 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 last quarter. 0.21% of the stock is currently owned by institutional investors.

About Grupo Aval Acciones y Valores

(Get Free Report)

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.

Further Reading

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