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

Key Points

• Shares recently rose above their 50-day moving average ($4.30), trading as high as $4.46 and last at $4.41, up about 3.8% on the day with 61,095 shares changing hands.
• Citigroup downgraded the stock from Buy to Neutral and the consensus rating is Hold; the company beat EPS estimates ($0.12 vs. $0.10) but slightly missed revenue ($1.23B vs. $1.24B).
• Grupo Aval declared a monthly dividend of $0.0144 (annualized yield ~3.9%, payout ratio 33%), while fundamentals show a P/E of 12.25, $5.24B market cap and a debt/equity of 0.62.

Shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $4.30 and traded as high as $4.46. Grupo Aval Acciones y Valores shares last traded at $4.41, with a volume of 61,095 shares trading hands.

Analyst Ratings Changes

AVAL has been the topic of a number of research reports. Citigroup downgraded shares of Grupo Aval Acciones y Valores from a "buy" rating to a "neutral" rating in a research report on Wednesday, January 21st. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Grupo Aval Acciones y Valores in a research report on Friday, January 9th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of "Hold".

Grupo Aval Acciones y Valores Trading Up 3.8%

The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $5.24 billion, a P/E ratio of 12.25 and a beta of 0.61. The company has a 50-day moving average price of $4.30 and a 200 day moving average price of $4.14.

Grupo Aval Acciones y Valores (NYSE:AVAL - Get Free Report) last posted its earnings results on Thursday, February 26th. The bank reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.02. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.24 billion. Grupo Aval Acciones y Valores had a return on equity of 6.99% and a net margin of 5.06%. On average, research analysts forecast 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 Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, May 11th. Investors of record on Friday, May 1st will be paid a dividend of $0.0144 per share. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Friday, May 1st. Grupo Aval Acciones y Valores's payout ratio is 33.33%.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Institutional investors have recently bought and sold shares of the company. XTX Topco Ltd acquired a new position in shares of Grupo Aval Acciones y Valores during the second quarter worth $78,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Grupo Aval Acciones y Valores in the 2nd quarter worth $34,000. Marshall Wace LLP grew its stake in Grupo Aval Acciones y Valores by 73.6% during 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 during the last quarter. Jane Street Group LLC purchased a new position in Grupo Aval Acciones y Valores during the 2nd quarter worth $155,000. Finally, BTG Pactual Asset Management US LLC acquired a new position in Grupo Aval Acciones y Valores during the 2nd quarter valued at about $99,000. 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 is a leading Colombian financial holding company that offers a diversified range of banking and financial services across Latin America. As one of the largest financial conglomerates in Colombia, Grupo Aval provides commercial and retail banking, leasing, insurance brokerage, pension fund management and investment banking through its principal subsidiaries.

Its core banking operations are conducted through a network of well-established institutions, including Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas, which together serve individual consumers, small and medium-sized enterprises and large corporate clients.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.