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

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

Grupo Aval Acciones y Valores Trading Down 0.9%

AVAL stock traded down $0.04 during midday trading on Thursday, reaching $4.18. 35,362 shares of the company’s stock traded hands, compared to its average volume of 179,158. Grupo Aval Acciones y Valores has a 52-week low of $2.61 and a 52-week high of $5.28. The stock has a market cap of $4.97 billion, a P/E ratio of 11.58 and a beta of 0.60. The stock’s 50-day moving average is $4.33 and its 200 day moving average is $4.31.

Grupo Aval Acciones y Valores Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AVAL shares. Citigroup lowered shares of Grupo Aval Acciones y Valores from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a report on Wednesday, April 8th. Two equities research 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”.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

A number of hedge funds have recently modified their holdings of the business. Marshall Wace LLP increased its stake in shares of Grupo Aval Acciones y Valores by 683.5% in the 4th quarter. Marshall Wace LLP now owns 275,148 shares of the bank’s stock worth $1,114,000 after purchasing an additional 240,028 shares in the last quarter. Jane Street Group LLC bought a new stake in Grupo Aval Acciones y Valores during the second quarter valued at about $155,000. Dimensional Fund Advisors LP grew its holdings in Grupo Aval Acciones y Valores by 34.7% during the third quarter. Dimensional Fund Advisors LP now owns 139,173 shares of the bank’s stock valued at $458,000 after purchasing an additional 35,862 shares during the period. BTG Pactual Asset Management US LLC purchased a new stake in Grupo Aval Acciones y Valores in the second quarter worth about $99,000. Finally, XTX Topco Ltd purchased a new stake in Grupo Aval Acciones y Valores in the second quarter worth about $78,000. Institutional investors own 0.21% of the company’s stock.

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.