Grupo Aval Acciones y Valores (NYSE:AVAL) Sets New 12-Month High - Time to Buy?

Key Points

• Grupo Aval Acciones y Valores reached a new 12-month high share price of $3.94, reflecting increasing investor interest.
• Analysts have shown a consensus rating of "Moderate Buy" for the stock, with Citigroup recently upgrading its rating from "neutral" to "buy".
• The company declared a monthly dividend of $0.0115 per share, representing an annualized yield of 3.7%, which will be paid to shareholders on March 9th.

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $3.94 and last traded at $3.89, with a volume of 10925 shares changing hands. The stock had previously closed at $3.84.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Grupo Aval Acciones y Valores in a research report on Tuesday, October 14th. Citigroup raised shares of Grupo Aval Acciones y Valores from a "neutral" rating to a "buy" rating in a research report on Monday. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, Grupo Aval Acciones y Valores currently has a consensus rating of "Moderate Buy".

Grupo Aval Acciones y Valores Stock Performance

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 stock has a market cap of $4.42 billion, a P/E ratio of 12.02 and a beta of 0.80. The firm's 50 day moving average is $3.35 and its 200 day moving average is $2.99.

Grupo Aval Acciones y Valores Dividend Announcement

The business 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 dividend of $0.0115 per share. The ex-dividend date is Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.7%. Grupo Aval Acciones y Valores's dividend payout ratio is presently 35.48%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of AVAL. Sage Advisors LLC acquired a new position in Grupo Aval Acciones y Valores during the 1st quarter valued at approximately $30,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Grupo Aval Acciones y Valores during the 1st quarter valued at approximately $34,000. EverSource Wealth Advisors LLC acquired a new position in Grupo Aval Acciones y Valores during the 2nd quarter valued at approximately $34,000. Inspire Investing LLC increased its stake in Grupo Aval Acciones y Valores by 37.4% during the 1st 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. Finally, Vise Technologies Inc. acquired a new position in Grupo Aval Acciones y Valores during the 2nd quarter valued at approximately $56,000. Institutional investors and hedge funds own 0.21% of the company's stock.

Grupo Aval Acciones y Valores Company 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.

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