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

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $2.69 and traded as high as $2.82. Grupo Aval Acciones y Valores shares last traded at $2.80, with a volume of 42,494 shares traded.

Grupo Aval Acciones y Valores Price Performance

The company has a quick ratio of 1.00, a current ratio of 1.03 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $3.36 billion, a PE ratio of 16.65 and a beta of 0.83. The company has a 50-day moving average of $2.69 and a 200 day moving average of $2.54.

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 the consensus estimate of $0.10 by ($0.03). Grupo Aval Acciones y Valores had a return on equity of 2.48% and a net margin of 2.24%. The firm had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $1.03 billion. Sell-side analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.21 EPS for the current year.

Grupo Aval Acciones y Valores Increases Dividend

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

Institutional Trading of Grupo Aval Acciones y Valores

Several large investors have recently added to or reduced their stakes in AVAL. First Affirmative Financial Network grew its holdings in Grupo Aval Acciones y Valores by 11.0% in the 4th quarter. First Affirmative Financial Network now owns 68,332 shares of the bank's stock valued at $139,000 after buying an additional 6,744 shares in the last quarter. Catalina Capital Group LLC purchased a new stake in Grupo Aval Acciones y Valores in the 4th quarter valued at $26,000. Sage Investment Counsel LLC purchased a new stake in Grupo Aval Acciones y Valores in the 4th quarter valued at $41,000. Inspire Advisors LLC grew its holdings in 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 buying an additional 9,456 shares in the last quarter. Finally, Natural Investments LLC purchased a new stake in Grupo Aval Acciones y Valores in the 4th quarter valued at $34,000. 0.21% of the stock is currently 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.