Shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) saw unusually-strong trading volume on Friday following a dividend announcement from the company. Approximately 107,967 shares traded hands during mid-day trading, an increase of 48% from the previous session's volume of 72,786 shares.The stock last traded at $2.52 and had previously closed at $2.71.
The newly announced dividend which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 30th will be paid a $0.0084 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 4.29%. Grupo Aval Acciones y Valores's payout ratio is 50.00%.
Grupo Aval Acciones y Valores Stock Performance
The firm has a market capitalization of $2.79 billion, a price-to-earnings ratio of 13.79 and a beta of 0.72. The firm's 50-day moving average price is $2.82 and its two-hundred day moving average price is $2.36. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.00 and a current ratio of 1.03.
Institutional Trading of Grupo Aval Acciones y Valores
Several hedge funds have recently modified their holdings of the company. Catalina Capital Group LLC bought a new position in Grupo Aval Acciones y Valores in the 4th quarter valued at $26,000. Natural Investments LLC bought a new position in shares of Grupo Aval Acciones y Valores in the fourth quarter valued at about $34,000. Sage Investment Counsel LLC acquired a new position in Grupo Aval Acciones y Valores during the 4th quarter worth about $41,000. Banco BTG Pactual S.A. grew its holdings in Grupo Aval Acciones y Valores by 121.8% during the 4th quarter. Banco BTG Pactual S.A. now owns 34,154 shares of the bank's stock worth $71,000 after acquiring an additional 18,757 shares during the last quarter. Finally, First Affirmative Financial Network increased its position in Grupo Aval Acciones y Valores by 11.0% in the 4th quarter. First Affirmative Financial Network now owns 68,332 shares of the bank's stock valued at $139,000 after acquiring an additional 6,744 shares in the last quarter. Institutional investors and hedge funds own 0.21% of the company's stock.
Grupo Aval Acciones y Valores Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Grupo Aval Acciones y Valores, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grupo Aval Acciones y Valores wasn't on the list.
While Grupo Aval Acciones y Valores currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
