Grupo Aval Acciones y Valores (NYSE:AVAL) Reaches New 52-Week High - Still a Buy?

Key Points

• Grupo Aval Acciones y Valores (NYSE: AVAL) reached a new 52-week high of $3.73 during trading, ending the day at $3.67 with a market cap of $4.36 billion.
• The company declared a monthly dividend of $0.0115, payable on March 9th, with a yield of 3.8%, reflecting a dividend payout ratio of 35.48%.
• Analysts maintain a consensus rating of "Hold" for AVAL, with Weiss Ratings reaffirming a "hold (c-)" rating in a recent assessment.

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $3.73 and last traded at $3.67, with a volume of 634344 shares. The stock had previously closed at $3.47.

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 Saturday, September 27th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of "Hold".

Grupo Aval Acciones y Valores Stock Up 1.0%

The stock has a market cap of $4.36 billion, a PE ratio of 11.87 and a beta of 0.80. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.99 and a current ratio of 0.99. The company's 50-day moving average price is $3.27 and its 200 day moving average price is $2.95.

Grupo Aval Acciones y Valores Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 9th. Shareholders of record on Friday, February 27th will be paid a $0.0115 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Friday, February 27th. Grupo Aval Acciones y Valores's dividend payout ratio is presently 35.48%.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Several institutional investors and hedge funds have recently modified their holdings of AVAL. Sage Advisors LLC bought a new position in shares of Grupo Aval Acciones y Valores during the 1st quarter valued at about $30,000. EverSource Wealth Advisors LLC bought a new stake in Grupo Aval Acciones y Valores in the 2nd quarter worth approximately $34,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Grupo Aval Acciones y Valores in the first quarter valued at $34,000. Vise Technologies Inc. purchased a new position in shares of Grupo Aval Acciones y Valores in the second quarter valued at $56,000. Finally, Inspire Investing LLC grew its holdings in shares of 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 valued at $55,000 after purchasing an additional 5,484 shares in the last quarter. Institutional investors 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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