Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Price Crosses Below 200-Day Moving Average - Here's What Happened

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report)'s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.21 and traded as low as $2.02. Grupo Aval Acciones y Valores shares last traded at $2.09, with a volume of 31,345 shares changing hands.

Grupo Aval Acciones y Valores Stock Performance

The company's 50 day simple moving average is $2.06 and its 200 day simple moving average is $2.21. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of 26.13 and a beta of 0.98.

Grupo Aval Acciones y Valores (NYSE:AVAL - Get Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The bank reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). Grupo Aval Acciones y Valores had a net margin of 1.30% and a return on equity of 1.46%. The business had revenue of $953.94 million for the quarter, compared to the consensus estimate of $994.03 million. Sell-side analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.2 EPS for the current year.

Grupo Aval Acciones y Valores Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 28th will be given a dividend of $0.0095 per share. The ex-dividend date is Friday, February 28th. This represents a $0.11 annualized dividend and a dividend yield of 5.45%. Grupo Aval Acciones y Valores's dividend payout ratio (DPR) is 112.50%.

Hedge Funds Weigh In On Grupo Aval Acciones y Valores

Several large investors have recently made changes to their positions in the business. Inspire Advisors LLC boosted its position in shares of Grupo Aval Acciones y Valores by 11.2% during the 1st quarter. Inspire Advisors LLC now owns 67,058 shares of the bank's stock valued at $155,000 after purchasing an additional 6,776 shares in the last quarter. First Affirmative Financial Network boosted its holdings in shares of Grupo Aval Acciones y Valores by 17.9% in the first quarter. First Affirmative Financial Network now owns 54,549 shares of the bank's stock worth $126,000 after buying an additional 8,268 shares during the period. Stokes Family Office LLC boosted its holdings in shares of Grupo Aval Acciones y Valores by 64.5% in the second quarter. Stokes Family Office LLC now owns 51,000 shares of the bank's stock worth $111,000 after buying an additional 20,000 shares during the period. Simplicity Wealth LLC acquired a new position in shares of Grupo Aval Acciones y Valores in the second quarter worth about $30,000. Finally, Fermata Advisors LLC acquired a new position in shares of Grupo Aval Acciones y Valores in the first quarter worth about $26,000. Institutional investors 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.