Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Passes Above Fifty Day Moving Average - Here's Why

Shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $2.84 and traded as high as $2.93. Grupo Aval Acciones y Valores shares last traded at $2.92, with a volume of 43,550 shares traded.

Grupo Aval Acciones y Valores Trading Up 0.4%

The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of 11.69 and a beta of 0.82. The business has a fifty day moving average price of $2.84 and a 200 day moving average price of $2.71. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.98 and a quick ratio of 0.98.

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 EPS for the quarter, missing analysts' consensus estimates of $0.10 by ($0.03). The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.03 billion. Grupo Aval Acciones y Valores had a return on equity of 4.17% and a net margin of 3.67%. On average, equities analysts expect that Grupo Aval Acciones y Valores S.A. will post 0.21 EPS for the current fiscal year.

Grupo Aval Acciones y Valores Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, July 9th. Stockholders of record on Tuesday, July 1st were given a dividend of $0.0084 per share. This represents a dividend yield of 3.55%. The ex-dividend date was Monday, June 30th. Grupo Aval Acciones y Valores's dividend payout ratio is presently 44.00%.

Institutional Trading of Grupo Aval Acciones y Valores

Institutional investors and hedge funds have recently modified their holdings of the company. Sage Advisors LLC bought a new stake in shares of Grupo Aval Acciones y Valores during the first quarter worth $30,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Grupo Aval Acciones y Valores in the first quarter worth about $34,000. Inspire Investing LLC increased 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 worth $55,000 after acquiring an additional 5,484 shares in the last quarter. Banco BTG Pactual S.A. raised its position in Grupo Aval Acciones y Valores by 121.8% in the 4th quarter. Banco BTG Pactual S.A. now owns 34,154 shares of the bank's stock valued at $71,000 after buying an additional 18,757 shares during the last quarter. Finally, Dauntless Investment Group LLC bought a new position in Grupo Aval Acciones y Valores in the first quarter valued at approximately $161,000. 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.

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