Grupo Aval Acciones y Valores (NYSE:AVAL) Hits New 1-Year High - What's Next?

Key Points

• Grupo Aval Acciones y Valores reached a new 52-week high of $3.33, closing at $3.28 with a trading volume of 78,229 shares.
• The company has a market capitalization of $3.89 billion and recently announced a dividend yielding 333.0%, with a payout ratio of 32.26%.
• Several institutional investors are actively increasing their positions in the stock, indicating growing interest from major investment firms.

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - )'s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $3.33 and last traded at $3.28, with a volume of 78229 shares traded. The stock had previously closed at $3.16.

Grupo Aval Acciones y Valores Stock Up 3.8%

The stock's fifty day simple moving average is $2.90 and its two-hundred day simple moving average is $2.82. The stock has a market capitalization of $3.89 billion, a P/E ratio of 10.58 and a beta of 0.81. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.98 and a current ratio of 0.98.

Grupo Aval Acciones y Valores Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, August 8th. Shareholders of record on Friday, August 1st were issued a dividend of $0.0084 per share. The ex-dividend date of this dividend was Thursday, July 31st. This represents a yield of 333.0%. Grupo Aval Acciones y Valores's payout ratio is presently 32.26%.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Institutional investors and hedge funds have recently made changes to their positions in the stock. Sage Advisors LLC bought a new position in Grupo Aval Acciones y Valores during the first quarter worth $30,000. Dauntless Investment Group LLC bought a new position in shares of Grupo Aval Acciones y Valores in the 1st quarter worth about $161,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Grupo Aval Acciones y Valores in the 1st quarter valued at about $34,000. Banco BTG Pactual S.A. boosted its position in shares of Grupo Aval Acciones y Valores by 172.8% during the 1st quarter. Banco BTG Pactual S.A. now owns 93,160 shares of the bank's stock valued at $254,000 after purchasing an additional 59,006 shares in the last quarter. Finally, Inspire Investing LLC increased its holdings in Grupo Aval Acciones y Valores by 37.4% in the first quarter. Inspire Investing LLC now owns 20,129 shares of the bank's stock worth $55,000 after purchasing an additional 5,484 shares in the last quarter. 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 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.

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