Grupo Aval Acciones y Valores (NYSE:AVAL) Share Price Crosses Above 50-Day Moving Average of $2.41

Shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.41 and traded as high as $2.44. Grupo Aval Acciones y Valores shares last traded at $2.43, with a volume of 24,737 shares trading hands.

Grupo Aval Acciones y Valores Trading Up 1.7 %

The business’s 50 day moving average price is $2.41 and its 200-day moving average price is $2.39. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.74. The company has a market cap of $2.88 billion, a price-to-earnings ratio of 40.51 and a beta of 1.09.

Grupo Aval Acciones y Valores Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, October 9th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.0084 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date is Monday, September 30th. Grupo Aval Acciones y Valores’s dividend payout ratio is presently 166.69%.

Institutional Trading of Grupo Aval Acciones y Valores

A number of hedge funds have recently modified their holdings of AVAL. QRG Capital Management Inc. acquired a new stake in shares of Grupo Aval Acciones y Valores during the 3rd quarter worth about $122,000. Stokes Family Office LLC lifted its stake in shares of Grupo Aval Acciones y Valores by 67.6% during the 3rd quarter. Stokes Family Office LLC now owns 31,000 shares of the bank’s stock worth $75,000 after buying an additional 12,500 shares during the last quarter. Fermata Advisors LLC acquired a new stake in shares of Grupo Aval Acciones y Valores during the 1st quarter worth about $26,000. Finally, First Affirmative Financial Network lifted its stake in shares of Grupo Aval Acciones y Valores by 24.4% during the 4th quarter. First Affirmative Financial Network now owns 46,281 shares of the bank’s stock worth $112,000 after buying an additional 9,092 shares during the last quarter. Institutional investors and hedge funds 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.