Vise Technologies Inc. Takes $56,000 Position in Grupo Aval Acciones y Valores S.A. $AVAL

Vise Technologies Inc. purchased a new position in shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) in the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 20,000 shares of the bank’s stock, valued at approximately $56,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Inspire Investing LLC raised its position in Grupo Aval Acciones y Valores by 37.4% during the 1st quarter. Inspire Investing LLC now owns 20,129 shares of the bank’s stock worth $55,000 after buying an additional 5,484 shares during the last quarter. Stokes Family Office LLC increased its stake in shares of Grupo Aval Acciones y Valores by 51.5% during the second quarter. Stokes Family Office LLC now owns 62,129 shares of the bank’s stock worth $175,000 after acquiring an additional 21,129 shares during the period. Dauntless Investment Group LLC acquired a new position in shares of Grupo Aval Acciones y Valores during the first quarter worth about $161,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Grupo Aval Acciones y Valores during the first quarter worth about $34,000. Finally, Banco BTG Pactual S.A. lifted its position in Grupo Aval Acciones y Valores by 172.8% in the first quarter. Banco BTG Pactual S.A. now owns 93,160 shares of the bank’s stock valued at $254,000 after purchasing an additional 59,006 shares during the period. 0.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on AVAL shares. Citigroup upgraded Grupo Aval Acciones y Valores from a “neutral” rating to a “buy” rating in a research report on Monday, October 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aval Acciones y Valores in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Grupo Aval Acciones y Valores Trading Up 0.1%

Shares of Grupo Aval Acciones y Valores stock opened at $4.12 on Wednesday. The company has a 50-day moving average of $3.73 and a two-hundred day moving average of $3.23. Grupo Aval Acciones y Valores S.A. has a 12-month low of $1.97 and a 12-month high of $4.50. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.72. The stock has a market cap of $4.89 billion, a PE ratio of 13.27 and a beta of 0.83.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released its quarterly earnings results on Thursday, November 13th. The bank reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Grupo Aval Acciones y Valores had a return on equity of 2.61% and a net margin of 4.49%.The business had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.23 billion. On average, research analysts anticipate that Grupo Aval Acciones y Valores S.A. will post 0.21 EPS for the current fiscal year.

Grupo Aval Acciones y Valores Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 9th. Shareholders of record on Friday, February 27th will be issued a $0.0115 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) annualized dividend and a yield of 3.4%. Grupo Aval Acciones y Valores’s dividend payout ratio is 33.33%.

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.