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

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) shares saw unusually-strong trading volume on Friday . Approximately 365,686 shares were traded 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

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

Grupo Aval Acciones y Valores Stock Performance

The firm has a market capitalization of $4.75 billion, a price-to-earnings ratio of 10.82 and a beta of 0.60. The business has a fifty day moving average price of $4.35 and a 200 day moving average price of $4.31.

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 6.97% and a net margin of 4.99%. On average, analysts expect that Grupo Aval Acciones y Valores S.A. will post 0.48 earnings per share for the current year.

Grupo Aval Acciones y Valores Dividend Announcement

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

Institutional Trading of Grupo Aval Acciones y Valores

Large investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC acquired a new stake in Grupo Aval Acciones y Valores in the 2nd quarter valued at $34,000. HBK Sorce Advisory LLC purchased a new position in Grupo Aval Acciones y Valores in the 4th quarter valued at about $49,000. Banco BTG Pactual S.A. boosted its position 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 valued at $51,000 after buying an additional 3,871 shares during the last quarter. Plan A Wealth LLC boosted its position 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 valued at $52,000 after buying an additional 3,868 shares during the last quarter. Finally, Apollon Wealth Management LLC purchased a new position in Grupo Aval Acciones y Valores in the 1st quarter valued at about $55,000. 0.21% of the stock is currently owned by institutional investors and hedge funds.

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.