Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Price Down 3.1%

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)’s share price fell 3.1% during trading on Wednesday . The stock traded as low as $2.16 and last traded at $2.16. 2,265 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 70,364 shares. The stock had previously closed at $2.23.

Grupo Aval Acciones y Valores Trading Down 0.5 %

The company has a quick ratio of 1.05, a current ratio of 0.99 and a debt-to-equity ratio of 0.73. The firm has a 50 day moving average of $2.13 and a 200 day moving average of $2.32. The firm has a market cap of $2.53 billion, a PE ratio of 26.56 and a beta of 0.98.

Grupo Aval Acciones y Valores Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 9th. Investors of record on Thursday, August 1st were paid a $0.0084 dividend. The ex-dividend date of this dividend was Wednesday, July 31st. This represents a yield of 4.86%. Grupo Aval Acciones y Valores’s payout ratio is 125.00%.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

Several institutional investors have recently bought and sold shares of the company. Catalina Capital Group LLC bought a new position in shares of Grupo Aval Acciones y Valores in the first quarter worth $25,000. Fermata Advisors LLC bought a new position in Grupo Aval Acciones y Valores in the first quarter valued at $26,000. Simplicity Wealth LLC bought a new position in Grupo Aval Acciones y Valores in the second quarter valued at $30,000. Stokes Family Office LLC increased its stake in Grupo Aval Acciones y Valores by 64.5% in the second quarter. Stokes Family Office LLC now owns 51,000 shares of the bank’s stock valued at $111,000 after acquiring an additional 20,000 shares during the last quarter. Finally, First Affirmative Financial Network increased its stake in Grupo Aval Acciones y Valores by 17.9% in the first quarter. First Affirmative Financial Network now owns 54,549 shares of the bank’s stock valued at $126,000 after acquiring an additional 8,268 shares during the last quarter. 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 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.