Grupo Aval Acciones y Valores (NYSE:AVAL) Sees Unusually-High Trading Volume - Should You Buy?

Shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) saw an uptick in trading volume on Monday . 150,587 shares changed hands during trading, an increase of 72% from the previous session's volume of 87,491 shares.The stock last traded at $2.93 and had previously closed at $2.91.

Grupo Aval Acciones y Valores Trading Up 2.1%

The firm has a 50-day simple moving average of $2.76 and a 200-day simple moving average of $2.60. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.75. The stock has a market cap of $3.42 billion, a PE ratio of 11.28 and a beta of 0.83.

Grupo Aval Acciones y Valores (NYSE:AVAL - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The bank reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by ($0.03). Grupo Aval Acciones y Valores had a net margin of 3.67% and a return on equity of 4.17%. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.03 billion. Equities analysts forecast that Grupo Aval Acciones y Valores S.A. will post 0.21 earnings per share for the current year.

Grupo Aval Acciones y Valores Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, June 10th. Stockholders of record on Tuesday, June 3rd were issued a $0.0084 dividend. This represents a dividend yield of 3.56%. This is an increase from Grupo Aval Acciones y Valores's previous dividend of $0.01. The ex-dividend date of this dividend was Monday, June 2nd. Grupo Aval Acciones y Valores's dividend payout ratio is presently 44.00%.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

A number of large investors have recently modified their holdings of AVAL. Sage Advisors LLC bought a new stake in Grupo Aval Acciones y Valores during the 1st quarter worth approximately $30,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Grupo Aval Acciones y Valores during the 1st quarter valued at $34,000. Natural Investments LLC purchased a new stake in shares of Grupo Aval Acciones y Valores in the fourth quarter worth $34,000. Sage Investment Counsel LLC bought a new stake in Grupo Aval Acciones y Valores during the fourth quarter valued at $41,000. Finally, Inspire Investing LLC increased its stake in Grupo Aval Acciones y Valores by 37.4% in the 1st quarter. Inspire Investing LLC now owns 20,129 shares of the bank's stock worth $55,000 after acquiring an additional 5,484 shares during the last quarter. 0.21% of the stock is currently owned by institutional investors.

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.