Grupo Aval Acciones y Valores (NYSE:AVAL) Hits New 12-Month High – Here’s Why

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)’s stock price hit a new 52-week high on Thursday . The company traded as high as $5.39 and last traded at $5.3240, with a volume of 64228 shares traded. The stock had previously closed at $5.16.

Analyst Ratings Changes

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

Grupo Aval Acciones y Valores Stock Up 3.9%

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 company’s 50-day simple moving average is $4.55 and its 200 day simple moving average is $4.37. The firm has a market cap of $6.36 billion, a P/E ratio of 14.49 and a beta of 0.61.

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

Grupo Aval Acciones y Valores Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 1st were given a dividend of $0.0144 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 3.2%. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is 37.84%.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

Several institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC lifted its position in 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 valued at $3,941,000 after purchasing an additional 50,912 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in 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 valued at $580,000 after purchasing an additional 8,692 shares during the last quarter. Sage Investment Counsel LLC lifted its position in 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 valued at $268,000 after purchasing an additional 26,955 shares during the last quarter. Apollon Wealth Management LLC bought a new position in Grupo Aval Acciones y Valores during the first quarter valued at $55,000. Finally, Stokes Family Office LLC lifted its position in 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 valued at $354,000 after purchasing an additional 4,198 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 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.