Grupo Aval Acciones y Valores (NYSE:AVAL) Announces Quarterly Earnings Results

Grupo Aval Acciones y Valores (NYSE:AVAL) issued its quarterly earnings data on Wednesday. The bank reported $0.08 earnings per share (EPS) for the quarter, Zacks reports. Grupo Aval Acciones y Valores had a return on equity of 6.99% and a net margin of 5.06%.

Grupo Aval Acciones y Valores Stock Performance

NYSE AVAL traded down $0.21 during trading on Wednesday, reaching $4.21. The company’s stock had a trading volume of 239,337 shares, compared to its average volume of 215,736. The business’s fifty day moving average price is $4.33 and its 200-day moving average price is $4.31. Grupo Aval Acciones y Valores has a twelve month low of $2.61 and a twelve month high of $5.28. The firm has a market cap of $5.00 billion, a price-to-earnings ratio of 11.70 and a beta of 0.60.

Grupo Aval Acciones y Valores Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 1st were paid a $0.0144 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%. Grupo Aval Acciones y Valores’s payout ratio is currently 38.89%.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

Hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC acquired a new position in Grupo Aval Acciones y Valores in the 2nd quarter valued at about $34,000. 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. SmartHarvest Portfolios LLC purchased a new position in shares of Grupo Aval Acciones y Valores in the 4th quarter valued at approximately $101,000. XTX Topco Ltd purchased a new position in shares of Grupo Aval Acciones y Valores in the 2nd quarter valued at approximately $78,000. Finally, BTG Pactual Asset Management US LLC acquired a new position in shares of Grupo Aval Acciones y Valores in the second quarter valued at approximately $99,000. Hedge funds and other institutional investors own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a research report on Wednesday, April 8th. Citigroup lowered Grupo Aval Acciones y Valores from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

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.