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 share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $5.39 and last traded at $5.3240, with a volume of 64228 shares. The stock had previously closed at $5.16.

Wall Street Analyst Weigh In

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

Grupo Aval Acciones y Valores Stock Up 3.9%

The company’s fifty day moving average price is $4.55 and its 200-day moving average price is $4.37. The stock has a market cap of $6.36 billion, a P/E ratio of 14.49 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 released its earnings results 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%. Equities analysts forecast that Grupo Aval Acciones y Valores S.A. will post 0.43 EPS for the current 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. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, May 1st. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is currently 37.84%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in AVAL. Pekin Hardy Strauss Inc. increased its stake in Grupo Aval Acciones y Valores by 384.3% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 387,400 shares of the bank’s stock worth $1,569,000 after buying an additional 307,400 shares during the period. Marshall Wace LLP increased its stake in Grupo Aval Acciones y Valores by 683.5% in the 4th quarter. Marshall Wace LLP now owns 275,148 shares of the bank’s stock worth $1,114,000 after buying an additional 240,028 shares during the period. Jane Street Group LLC purchased a new position in Grupo Aval Acciones y Valores in the 2nd quarter worth about $155,000. Renaissance Technologies LLC increased its stake in Grupo Aval Acciones y Valores by 6.0% in the 1st quarter. Renaissance Technologies LLC now owns 895,772 shares of the bank’s stock worth $3,941,000 after buying an additional 50,912 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Grupo Aval Acciones y Valores by 34.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 139,173 shares of the bank’s stock worth $458,000 after buying an additional 35,862 shares during the period. Hedge funds and other institutional investors 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.