Grupo Aval Acciones y Valores (NYSE:AVAL) Sets New 52-Week High - What's Next?

Key Points

• Grupo Aval Acciones y Valores S.A. recently reached a new 52-week high trading at $3.44, with a market cap of $3.98 billion.
• The company announced a monthly dividend of $0.0115, which will be paid on March 9, translating to a 4.1% dividend yield.
• Several institutional investors, including Banco BTG Pactual S.A., have significantly increased their holdings in Grupo Aval, with a notable 172.8% increase in one firm’s stake during the first quarter.

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $3.44 and last traded at $3.40, with a volume of 26530 shares trading hands. The stock had previously closed at $3.40.

Grupo Aval Acciones y Valores Stock Down 0.2%

The company has a market capitalization of $4.00 billion, a PE ratio of 10.88 and a beta of 0.81. The company's 50 day moving average is $3.09 and its two-hundred day moving average is $2.88. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.72.

Grupo Aval Acciones y Valores Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 9th. Investors of record on Friday, February 27th will be paid a dividend of $0.0115 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, February 27th. Grupo Aval Acciones y Valores's dividend payout ratio (DPR) is presently 35.48%.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

Several institutional investors have recently bought and sold shares of the stock. Banco BTG Pactual S.A. grew its stake in Grupo Aval Acciones y Valores by 172.8% during the first quarter. Banco BTG Pactual S.A. now owns 93,160 shares of the bank's stock valued at $254,000 after acquiring an additional 59,006 shares in the last quarter. Stokes Family Office LLC grew its stake in Grupo Aval Acciones y Valores by 51.5% during the second quarter. Stokes Family Office LLC now owns 62,129 shares of the bank's stock valued at $175,000 after acquiring an additional 21,129 shares in the last quarter. Marshall Wace LLP grew its stake in shares of Grupo Aval Acciones y Valores by 73.6% in the 2nd quarter. Marshall Wace LLP now owns 60,733 shares of the bank's stock worth $171,000 after buying an additional 25,753 shares in the last quarter. Dauntless Investment Group LLC purchased a new position in shares of Grupo Aval Acciones y Valores in the 1st quarter worth $161,000. Finally, Jane Street Group LLC purchased a new position in shares of Grupo Aval Acciones y Valores in the 2nd quarter worth $155,000. 0.21% of the stock is owned by hedge funds and other 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.