Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.41 and traded as high as $4.76. Grupo Aval Acciones y Valores shares last traded at $4.7040, with a volume of 218,459 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed 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 data from MarketBeat, the stock has a consensus rating of “Hold”.

Grupo Aval Acciones y Valores Price Performance

The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.56. The firm’s 50 day simple moving average is $4.41 and its 200 day simple moving average is $4.32. The company has a market capitalization of $5.58 billion, a PE ratio of 12.71 and a beta of 0.60.

Grupo Aval Acciones y Valores (NYSE:AVAL) last posted its quarterly earnings data on Wednesday, May 13th. The bank reported $0.08 EPS for the quarter. Grupo Aval Acciones y Valores had a net margin of 4.99% and a return on equity of 6.24%. As a group, research analysts anticipate that Grupo Aval Acciones y Valores S.A. will post 0.43 EPS for the current fiscal year.

Grupo Aval Acciones y Valores Announces Dividend

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

Institutional Trading of Grupo Aval Acciones y Valores

Institutional investors and hedge funds have recently made changes to their positions in the business. HBK Sorce Advisory LLC bought a new stake in shares of Grupo Aval Acciones y Valores during the fourth quarter worth $49,000. EverSource Wealth Advisors LLC bought a new stake in shares of Grupo Aval Acciones y Valores during the second quarter worth $34,000. Apollon Wealth Management LLC bought a new stake in shares of Grupo Aval Acciones y Valores during the first quarter worth $55,000. Banco BTG Pactual S.A. lifted its position in shares of Grupo Aval Acciones y Valores by 33.0% during the third 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. Finally, Plan A Wealth LLC lifted its position in shares of Grupo Aval Acciones y Valores by 32.4% during the third 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. 0.21% of the stock is currently owned by institutional investors.

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.