Grupo Aval Acciones y Valores (NYSE:AVAL) Share Price Crosses Above 50 Day Moving Average - Time to Sell?

Shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.71 and traded as high as $2.90. Grupo Aval Acciones y Valores shares last traded at $2.86, with a volume of 23,798 shares trading hands.

Grupo Aval Acciones y Valores Stock Up 0.9%

The company has a current ratio of 1.03, a quick ratio of 1.00 and a debt-to-equity ratio of 0.79. The firm's 50 day simple moving average is $2.71 and its 200-day simple moving average is $2.56. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 16.80 and a beta of 0.83.

Grupo Aval Acciones y Valores (NYSE:AVAL - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The bank reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.03). Grupo Aval Acciones y Valores had a net margin of 2.24% and a return on equity of 2.48%. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.03 billion. Equities analysts expect that Grupo Aval Acciones y Valores S.A. will post 0.21 earnings per share for the current fiscal year.

Grupo Aval Acciones y Valores Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Tuesday, June 3rd will be paid a $0.0084 dividend. This is a positive change from Grupo Aval Acciones y Valores's previous dividend of $0.01. This represents a yield of 3.56%. The ex-dividend date is Monday, June 2nd. Grupo Aval Acciones y Valores's payout ratio is presently 40.00%.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Truffle Hound Capital LLC bought a new position in shares of Grupo Aval Acciones y Valores in the 4th quarter valued at about $3,451,000. Banco BTG Pactual S.A. grew its position in shares of Grupo Aval Acciones y Valores by 172.8% in the 1st 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 during the period. Inspire Advisors LLC grew its position in shares of Grupo Aval Acciones y Valores by 13.5% in the 4th quarter. Inspire Advisors LLC now owns 79,251 shares of the bank's stock valued at $161,000 after acquiring an additional 9,456 shares during the period. Dauntless Investment Group LLC bought a new position in shares of Grupo Aval Acciones y Valores in the 1st quarter valued at about $161,000. Finally, Inspire Investing LLC grew its position in shares of 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 valued at $55,000 after acquiring an additional 5,484 shares during the period. 0.21% of the stock is currently owned by institutional investors and hedge funds.

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.