Grupo Aval Acciones y Valores (NYSE:AVAL) Shares Gap Up – Still a Buy?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $4.04, but opened at $4.23. Grupo Aval Acciones y Valores shares last traded at $4.2740, with a volume of 23,686 shares.

Analyst Ratings Changes

A number of brokerages have weighed in on AVAL. 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 research note on Wednesday, April 8th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Grupo Aval Acciones y Valores Stock Performance

The stock’s 50-day moving average price is $4.36 and its 200 day moving average price is $4.31. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.01 and a quick ratio of 0.93. The firm has a market cap of $5.03 billion, a P/E ratio of 11.46 and a beta of 0.60.

Grupo Aval Acciones y Valores (NYSE:AVAL) last announced 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, equities analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.48 EPS for the current year.

Grupo Aval Acciones y Valores Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 1st were given a $0.0144 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, May 1st. Grupo Aval Acciones y Valores’s payout ratio is currently 37.84%.

Institutional Trading of Grupo Aval Acciones y Valores

A number of institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC bought a new stake in Grupo Aval Acciones y Valores during the second quarter worth $34,000. HBK Sorce Advisory LLC bought a new stake in Grupo Aval Acciones y Valores during the fourth quarter worth $49,000. Banco BTG Pactual S.A. raised its position in 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 acquiring an additional 3,871 shares in the last quarter. Plan A Wealth LLC raised its position in 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 acquiring an additional 3,868 shares in the last quarter. Finally, Apollon Wealth Management LLC bought a new stake in Grupo Aval Acciones y Valores during the first quarter worth $55,000. 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.