Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Price Passes Above 50 Day Moving Average - Here's What Happened

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) passed 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 Stock Down 1.7%

The firm's 50 day moving average price is $2.85 and its two-hundred day moving average price is $2.73. The company has a market cap of $3.52 billion, a P/E ratio of 11.88 and a beta of 0.82. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.98 and a current ratio of 0.98.

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 for the quarter, missing the consensus estimate of $0.10 by ($0.03). The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.03 billion. Grupo Aval Acciones y Valores had a net margin of 3.67% and a return on equity of 4.17%. Equities research analysts anticipate that Grupo Aval Acciones y Valores S.A. will post 0.21 EPS for the current fiscal year.

Grupo Aval Acciones y Valores Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, August 8th. Shareholders of record on Friday, August 1st will be paid a dividend of $0.0084 per share. The ex-dividend date of this dividend is Thursday, July 31st. This represents a yield of 3.33%. Grupo Aval Acciones y Valores's dividend payout ratio (DPR) is presently 44.00%.

Institutional Trading of Grupo Aval Acciones y Valores

Several institutional investors have recently made changes to their positions in the company. Sage Advisors LLC purchased a new position in shares of Grupo Aval Acciones y Valores in the 1st quarter worth about $30,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Grupo Aval Acciones y Valores in the 1st quarter worth about $34,000. Inspire Investing LLC boosted its holdings 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 worth $55,000 after buying an additional 5,484 shares during the last quarter. Banco BTG Pactual S.A. boosted its holdings in shares of 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 worth $71,000 after buying an additional 18,757 shares during the last quarter. Finally, Dauntless Investment Group LLC purchased a new position in shares of Grupo Aval Acciones y Valores in the 1st quarter worth about $161,000. Institutional investors own 0.21% of the company's stock.

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.