Grupo Aval Acciones y Valores (NYSE:AVAL) Shares Gap Up – Time to Buy?

Shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) gapped up before the market opened on Monday . The stock had previously closed at $4.61, but opened at $5.00. Grupo Aval Acciones y Valores shares last traded at $5.3050, with a volume of 331,497 shares traded.

Wall Street Analysts Forecast Growth

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

Grupo Aval Acciones y Valores Stock Up 13.4%

The business’s 50 day moving average is $4.42 and its 200-day moving average is $4.32. The stock has a market cap of $6.20 billion, a price-to-earnings ratio of 14.12 and a beta of 0.61. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.01 and a current ratio of 1.01.

Grupo Aval Acciones y Valores (NYSE:AVAL) last posted its quarterly earnings data on Wednesday, May 13th. The bank reported $0.08 earnings per share (EPS) 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, sell-side analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.43 EPS for the current fiscal year.

Grupo Aval Acciones y Valores Dividend Announcement

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. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 3.3%. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is currently 37.84%.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

A number of hedge funds have recently made changes to their positions in AVAL. XTX Topco Ltd acquired a new position in shares of Grupo Aval Acciones y Valores during the second quarter valued at approximately $78,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Grupo Aval Acciones y Valores in the second quarter worth approximately $34,000. Marshall Wace LLP increased its position in shares of Grupo Aval Acciones y Valores by 73.6% during the second quarter. Marshall Wace LLP now owns 60,733 shares of the bank’s stock worth $171,000 after purchasing an additional 25,753 shares in the last quarter. Jane Street Group LLC acquired a new position in Grupo Aval Acciones y Valores in the 2nd quarter valued at $155,000. Finally, BTG Pactual Asset Management US LLC acquired a new position in Grupo Aval Acciones y Valores in the 2nd quarter valued at $99,000. 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 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.