Grupo Aval Acciones y Valores (NYSE:AVAL) Sees Strong Trading Volume – Should You Buy?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) saw unusually-strong trading volume on Friday . Approximately 365,686 shares changed hands during mid-day trading, an increase of 98% from the previous session’s volume of 185,150 shares.The stock last traded at $4.0790 and had previously closed at $4.23.

Analyst Upgrades and Downgrades

AVAL has been the topic of several research analyst reports. Citigroup cut 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 reissued a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a report on Wednesday, April 8th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Grupo Aval Acciones y Valores currently has an average rating of “Hold”.

Grupo Aval Acciones y Valores Stock Down 5.3%

The firm has a market cap of $4.75 billion, a price-to-earnings ratio of 10.82 and a beta of 0.60. The stock’s 50 day moving average is $4.35 and its 200 day moving average is $4.31.

Grupo Aval Acciones y Valores (NYSE:AVAL) last posted its quarterly earnings data on Wednesday, May 13th. The bank reported $0.08 EPS for the quarter. Grupo Aval Acciones y Valores had a net margin of 4.99% and a return on equity of 6.97%. Analysts anticipate that Grupo Aval Acciones y Valores S.A. will post 0.48 earnings per share for the current fiscal year.

Grupo Aval Acciones y Valores Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 1st were given a $0.0144 dividend. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.3%. Grupo Aval Acciones y Valores’s payout ratio is 38.89%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AVAL. EverSource Wealth Advisors LLC acquired a new position in Grupo Aval Acciones y Valores in the second quarter worth approximately $34,000. HBK Sorce Advisory LLC acquired a new position in Grupo Aval Acciones y Valores in the fourth quarter worth approximately $49,000. Banco BTG Pactual S.A. boosted its stake in Grupo Aval Acciones y Valores by 33.0% in the 3rd quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock worth $51,000 after purchasing an additional 3,871 shares during the period. Plan A Wealth LLC boosted its stake in Grupo Aval Acciones y Valores by 32.4% in the 3rd quarter. Plan A Wealth LLC now owns 15,811 shares of the bank’s stock worth $52,000 after purchasing an additional 3,868 shares during the period. Finally, Apollon Wealth Management LLC acquired a new position in Grupo Aval Acciones y Valores in the 1st quarter worth approximately $55,000. 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 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.