Grupo Aval Acciones y Valores (NYSE:AVAL) Trading 8.5% Higher - What's Next?

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report)'s share price rose 8.5% on Wednesday . The stock traded as high as $2.70 and last traded at $2.68. Approximately 332,581 shares were traded during mid-day trading, an increase of 325% from the average daily volume of 78,249 shares. The stock had previously closed at $2.47.

Grupo Aval Acciones y Valores Trading Up 0.2 %

The company has a debt-to-equity ratio of 0.79, a current ratio of 1.03 and a quick ratio of 1.00. The business has a fifty day moving average of $2.78 and a 200-day moving average of $2.38. The stock has a market capitalization of $3.16 billion, a price-to-earnings ratio of 15.68 and a beta of 0.72.

Grupo Aval Acciones y Valores Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 30th will be paid a $0.0084 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $0.10 annualized dividend and a dividend yield of 3.78%. Grupo Aval Acciones y Valores's dividend payout ratio is currently 50.00%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Catalina Capital Group LLC acquired a new stake in shares of Grupo Aval Acciones y Valores during the fourth quarter worth $26,000. Natural Investments LLC purchased a new stake in Grupo Aval Acciones y Valores during the fourth quarter valued at about $34,000. Sage Investment Counsel LLC purchased a new position in shares of Grupo Aval Acciones y Valores in the fourth quarter worth approximately $41,000. Banco BTG Pactual S.A. raised its holdings in shares of Grupo Aval Acciones y Valores by 121.8% during the fourth quarter. Banco BTG Pactual S.A. now owns 34,154 shares of the bank's stock valued at $71,000 after acquiring an additional 18,757 shares during the period. Finally, First Affirmative Financial Network boosted its stake 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 worth $139,000 after purchasing an additional 6,744 shares during the period. Institutional investors and hedge funds own 0.21% of the company's stock.

Grupo Aval Acciones y Valores Company Profile

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.