Grupo Aval Acciones y Valores (NYSE:AVAL) Trading Down 3.8% - Should You Sell?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) was down 3.8% during trading on Wednesday . The company traded as low as $2.88 and last traded at $2.89. Approximately 122,936 shares changed hands during mid-day trading, an increase of 33% from the average daily volume of 92,579 shares. The stock had previously closed at $3.00.

Grupo Aval Acciones y Valores Trading Down 2.7%

The stock has a 50-day moving average of $2.86 and a 200 day moving average of $2.75. The stock has a market cap of $3.49 billion, a PE ratio of 11.76 and a beta of 0.82. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.75.

Grupo Aval Acciones y Valores (NYSE:AVAL - Get Free Report) last issued its 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). Grupo Aval Acciones y Valores had a net margin of 3.67% and a return on equity of 4.17%. The firm had revenue of $1.06 billion during the quarter, compared to analysts' expectations of $1.03 billion. As a group, sell-side analysts anticipate that Grupo Aval Acciones y Valores S.A. will post 0.21 earnings per share for the current year.

Grupo Aval Acciones y Valores Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, August 8th. Shareholders of record on Friday, August 1st will be given a $0.0084 dividend. 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 is presently 40.00%.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Several hedge funds have recently bought and sold shares of the stock. Sage Advisors LLC acquired a new position in shares of Grupo Aval Acciones y Valores during the 1st quarter worth approximately $30,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Grupo Aval Acciones y Valores during the 1st quarter worth approximately $34,000. Inspire Investing LLC raised its stake in shares of Grupo Aval Acciones y Valores by 37.4% during 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 period. Dauntless Investment Group LLC acquired a new position in shares of Grupo Aval Acciones y Valores during the 1st quarter worth approximately $161,000. Finally, Banco BTG Pactual S.A. raised its stake in shares of Grupo Aval Acciones y Valores by 172.8% during the 1st quarter. Banco BTG Pactual S.A. now owns 93,160 shares of the bank's stock worth $254,000 after buying an additional 59,006 shares during the period. Hedge funds and other institutional investors own 0.21% of the company's stock.

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.