Grupo Aval Acciones y Valores (NYSE:AVAL) Shares Gap Up – Time to Buy?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) gapped up before the market opened on Thursday . The stock had previously closed at $4.04, but opened at $4.23. Grupo Aval Acciones y Valores shares last traded at $4.2740, with a volume of 23,686 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research report on Wednesday, April 8th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Grupo Aval Acciones y Valores presently has a consensus rating of “Hold”.

Grupo Aval Acciones y Valores Price Performance

The stock has a fifty day moving average price of $4.36 and a 200-day moving average price of $4.31. The firm has a market capitalization of $5.03 billion, a PE ratio of 11.46 and a beta of 0.60. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.93 and a current ratio of 1.01.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced its quarterly earnings results on Wednesday, May 13th. The bank reported $0.08 earnings per share (EPS) for the quarter. Grupo Aval Acciones y Valores had a return on equity of 6.24% and a net margin of 4.99%. Sell-side analysts forecast that Grupo Aval Acciones y Valores S.A. will post 0.43 EPS for the current fiscal year.

Grupo Aval Acciones y Valores Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 1st were issued a $0.0144 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is currently 37.84%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AVAL. EverSource Wealth Advisors LLC acquired a new stake in Grupo Aval Acciones y Valores during the 2nd quarter worth about $34,000. HBK Sorce Advisory LLC acquired a new stake in Grupo Aval Acciones y Valores during the 4th quarter worth about $49,000. Banco BTG Pactual S.A. lifted its position in Grupo Aval Acciones y Valores by 33.0% during the 3rd quarter. Banco BTG Pactual S.A. now owns 15,587 shares of the bank’s stock worth $51,000 after acquiring an additional 3,871 shares during the period. Plan A Wealth LLC lifted its position in Grupo Aval Acciones y Valores by 32.4% during the 3rd quarter. Plan A Wealth LLC now owns 15,811 shares of the bank’s stock worth $52,000 after acquiring an additional 3,868 shares during the period. Finally, Apollon Wealth Management LLC acquired a new stake in Grupo Aval Acciones y Valores during the 1st quarter worth about $55,000. 0.21% of the stock is currently owned by hedge funds and other institutional investors.

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.