Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Price Up 3.1%

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)’s share price was up 3.1% during mid-day trading on Wednesday . The stock traded as high as $2.00 and last traded at $2.00. 2,027 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 66,935 shares. The stock had previously closed at $1.94.

Grupo Aval Acciones y Valores Stock Performance

The company has a debt-to-equity ratio of 0.77, a current ratio of 0.89 and a quick ratio of 1.05. The stock has a 50-day moving average price of $2.09 and a 200 day moving average price of $2.26. The company has a market cap of $2.39 billion, a price-to-earnings ratio of 24.25 and a beta of 0.99.

Grupo Aval Acciones y Valores (NYSE:AVAL) last issued its quarterly earnings data on Wednesday, August 14th. The bank reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.01). Grupo Aval Acciones y Valores had a return on equity of 1.46% and a net margin of 1.30%. The company had revenue of $953.94 million for the quarter, compared to the consensus estimate of $994.03 million. As a group, analysts anticipate that Grupo Aval Acciones y Valores S.A. will post 0.2 EPS for the current fiscal year.

Grupo Aval Acciones y Valores Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, August 9th. Stockholders of record on Thursday, August 1st were issued a $0.0084 dividend. The ex-dividend date was Wednesday, July 31st. This represents a dividend yield of 4.86%. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is 125.00%.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Several institutional investors have recently bought and sold shares of the company. First Affirmative Financial Network increased its stake in Grupo Aval Acciones y Valores by 17.9% in the 1st quarter. First Affirmative Financial Network now owns 54,549 shares of the bank’s stock valued at $126,000 after buying an additional 8,268 shares during the last quarter. Fermata Advisors LLC bought a new position in shares of Grupo Aval Acciones y Valores in the 1st quarter valued at about $26,000. Catalina Capital Group LLC acquired a new stake in shares of Grupo Aval Acciones y Valores in the first quarter valued at about $25,000. Inspire Advisors LLC raised its holdings in Grupo Aval Acciones y Valores by 11.2% during the first quarter. Inspire Advisors LLC now owns 67,058 shares of the bank’s stock worth $155,000 after acquiring an additional 6,776 shares in the last quarter. Finally, Stokes Family Office LLC boosted its position in Grupo Aval Acciones y Valores by 64.5% during the second quarter. Stokes Family Office LLC now owns 51,000 shares of the bank’s stock valued at $111,000 after purchasing an additional 20,000 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.