Grupo Aval Acciones y Valores (NYSE:AVAL) Sees Strong Trading Volume

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) saw unusually-high trading volume on Friday . Approximately 126,450 shares traded hands during mid-day trading, an increase of 59% from the previous session’s volume of 79,419 shares.The stock last traded at $2.39 and had previously closed at $2.39.

Grupo Aval Acciones y Valores Price Performance

The business has a 50 day simple moving average of $2.39 and a 200-day simple moving average of $2.39. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.05 and a current ratio of 1.05. The stock has a market cap of $2.84 billion, a P/E ratio of 39.83 and a beta of 1.06.

Grupo Aval Acciones y Valores Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, October 9th. Investors of record on Monday, September 30th will be issued a $0.0084 dividend. The ex-dividend date is Monday, September 30th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 4.22%. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is presently 166.67%.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

Several large investors have recently modified their holdings of the business. QRG Capital Management Inc. bought a new stake in shares of Grupo Aval Acciones y Valores during the 3rd quarter valued at $122,000. Stokes Family Office LLC lifted its stake in Grupo Aval Acciones y Valores by 67.6% in the 3rd quarter. Stokes Family Office LLC now owns 31,000 shares of the bank’s stock worth $75,000 after purchasing an additional 12,500 shares in the last quarter. First Affirmative Financial Network increased its holdings in shares of Grupo Aval Acciones y Valores by 24.4% in the fourth quarter. First Affirmative Financial Network now owns 46,281 shares of the bank’s stock worth $112,000 after purchasing an additional 9,092 shares during the period. Finally, Fermata Advisors LLC purchased a new stake in shares of Grupo Aval Acciones y Valores in the first quarter worth $26,000. Hedge funds and other institutional investors own 0.21% of the company’s stock.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans.