First Trust Direct Indexing L.P. Reduces Stock Position in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)

First Trust Direct Indexing L.P. lowered its position in shares of Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) by 49.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 44,521 shares of the bank’s stock after selling 43,608 shares during the quarter. First Trust Direct Indexing L.P.’s holdings in Grupo Aval Acciones y Valores were worth $108,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AVAL. Stokes Family Office LLC boosted its position 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 buying an additional 12,500 shares during the period. First Affirmative Financial Network boosted its position in Grupo Aval Acciones y Valores by 24.4% during the 4th quarter. First Affirmative Financial Network now owns 46,281 shares of the bank’s stock valued at $112,000 after buying an additional 9,092 shares during the period. Finally, QRG Capital Management Inc. purchased a new stake in Grupo Aval Acciones y Valores during the 3rd quarter valued at $122,000. Hedge funds and other institutional investors own 0.21% of the company’s stock.

Grupo Aval Acciones y Valores Trading Up 0.8 %

NYSE:AVAL opened at $2.42 on Thursday. The company has a 50-day moving average price of $2.39 and a 200-day moving average price of $2.39. Grupo Aval Acciones y Valores S.A. has a 12 month low of $2.08 and a 12 month high of $2.70. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.74. The stock has a market cap of $2.87 billion, a price-to-earnings ratio of 17.29 and a beta of 1.06.

Grupo Aval Acciones y Valores Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, October 9th. Stockholders of record on Monday, September 30th will be given a $0.0084 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.10 annualized dividend and a dividend yield of 4.17%. Grupo Aval Acciones y Valores’s dividend payout ratio is 71.43%.

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.