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

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)’s stock price gapped up prior to trading 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 changing hands.

Analysts Set New Price Targets

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

Grupo Aval Acciones y Valores Stock Performance

The firm has a 50 day simple moving average of $4.44 and a 200-day simple moving average of $4.33. 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 has a market cap of $5.90 billion, a price-to-earnings ratio of 13.44 and a beta of 0.61.

Grupo Aval Acciones y Valores (NYSE:AVAL) last posted 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 return on equity of 6.24% and a net margin of 4.99%. As a group, 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 Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 1st were paid a dividend of $0.0144 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 3.5%. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is 37.84%.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVAL. XTX Topco Ltd acquired a new stake in Grupo Aval Acciones y Valores during the second quarter worth $78,000. EverSource Wealth Advisors LLC purchased a new position in shares of Grupo Aval Acciones y Valores during the second quarter worth $34,000. Marshall Wace LLP boosted 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 buying an additional 25,753 shares during the period. Jane Street Group LLC purchased a new position in shares of Grupo Aval Acciones y Valores during the second quarter worth $155,000. Finally, BTG Pactual Asset Management US LLC purchased a new position in shares of Grupo Aval Acciones y Valores during the second quarter worth $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.