Grupo Aval Acciones y Valores (NYSE:AVAL) Sees Large Volume Increase

Shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) saw an uptick in trading volume on Friday . 126,450 shares were traded during trading, an increase of 59% from the previous session’s volume of 79,419 shares.The stock last traded at $2.39 and had previously closed at $2.39.

Grupo Aval Acciones y Valores Stock Performance

The firm has a market capitalization of $2.84 billion, a price-to-earnings ratio of 39.84 and a beta of 1.06. The company has a 50-day moving average price of $2.39 and a 200-day moving average price of $2.39. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.74.

Grupo Aval Acciones y Valores Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Monday, September 30th will be given a dividend of $0.0084 per share. The ex-dividend date is Monday, September 30th. This represents a $0.10 dividend on an annualized basis and a yield of 4.22%. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is presently 166.69%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Catalina Capital Group LLC bought a new position in Grupo Aval Acciones y Valores in the 1st quarter valued at about $25,000. Fermata Advisors LLC acquired a new stake in Grupo Aval Acciones y Valores in the first quarter worth approximately $26,000. First Affirmative Financial Network lifted its position in 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 purchasing an additional 8,268 shares during the period. Stokes Family Office LLC boosted its stake in Grupo Aval Acciones y Valores by 67.6% during the 3rd quarter. Stokes Family Office LLC now owns 31,000 shares of the bank’s stock valued at $75,000 after purchasing an additional 12,500 shares in the last quarter. Finally, QRG Capital Management Inc. bought a new position in Grupo Aval Acciones y Valores during the 3rd quarter valued at $122,000. 0.21% of the stock is owned by institutional investors and hedge funds.

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.