First Trust Direct Indexing L.P. Has $108,000 Holdings in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)

First Trust Direct Indexing L.P. lessened its holdings in shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) by 49.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,521 shares of the bank’s stock after selling 43,608 shares during the period. First Trust Direct Indexing L.P.’s holdings in Grupo Aval Acciones y Valores were worth $108,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. QRG Capital Management Inc. acquired a new position in shares of Grupo Aval Acciones y Valores during the third quarter worth $122,000. First Affirmative Financial Network lifted its holdings in Grupo Aval Acciones y Valores by 24.4% in the fourth quarter. First Affirmative Financial Network now owns 46,281 shares of the bank’s stock valued at $112,000 after buying an additional 9,092 shares during the period. Finally, Stokes Family Office LLC lifted its holdings in Grupo Aval Acciones y Valores by 67.6% in the third quarter. Stokes Family Office LLC now owns 31,000 shares of the bank’s stock valued at $75,000 after buying an additional 12,500 shares during the period. Institutional investors and hedge funds own 0.21% of the company’s stock.

Grupo Aval Acciones y Valores Price Performance

AVAL stock opened at $2.42 on Thursday. The firm has a market cap of $2.87 billion, a price-to-earnings ratio of 17.29 and a beta of 1.06. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.74. Grupo Aval Acciones y Valores S.A. has a 12-month low of $2.08 and a 12-month high of $2.70. The company’s fifty day simple moving average is $2.39 and its 200 day simple moving average is $2.39.

Grupo Aval Acciones y Valores Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, October 9th. Investors of record on Monday, September 30th will be issued a $0.0084 dividend. The ex-dividend date is Monday, September 30th. This represents a $0.10 annualized dividend and a yield of 4.17%. Grupo Aval Acciones y Valores’s payout ratio is 71.43%.

Grupo Aval Acciones y Valores 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.