Short Interest in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Decreases By 53.6%

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 350,050 shares, a decline of 53.6% from the April 30th total of 753,893 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 285,038 shares, the days-to-cover ratio is presently 1.2 days.

Wall Street Analysts Forecast Growth

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

Grupo Aval Acciones y Valores Stock Down 0.6%

NYSE:AVAL traded down $0.03 during midday trading on Friday, hitting $4.66. 303,616 shares of the company were exchanged, compared to its average volume of 268,252. The company has a fifty day simple moving average of $4.42 and a 200 day simple moving average of $4.32. Grupo Aval Acciones y Valores has a fifty-two week low of $2.72 and a fifty-two week high of $5.28. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $5.53 billion, a PE ratio of 12.59 and a beta of 0.60.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released 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%. As a group, equities analysts anticipate that Grupo Aval Acciones y Valores will post 0.43 earnings per share for the current fiscal year.

Grupo Aval Acciones y Valores Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 1st were paid a dividend of $0.0144 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Friday, May 1st. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is currently 37.84%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC purchased a new position in Grupo Aval Acciones y Valores during the 2nd quarter worth $34,000. HBK Sorce Advisory LLC purchased a new position in Grupo Aval Acciones y Valores during the 4th quarter worth $49,000. Banco BTG Pactual S.A. grew 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 purchasing an additional 3,871 shares during the last quarter. Plan A Wealth LLC grew 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 purchasing an additional 3,868 shares during the last quarter. Finally, Apollon Wealth Management LLC purchased a new position in Grupo Aval Acciones y Valores during the 1st quarter worth $55,000. Hedge funds and other institutional investors 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.