Grupo Aval Acciones y Valores (NYSE:AVAL) Shares Gap Down – Here’s What Happened

by · The Cerbat Gem

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL – Get Free Report) shares gapped down before the market opened on Monday. The stock had previously closed at $4.85, but opened at $4.70. Grupo Aval Acciones y Valores shares last traded at $4.7850, with a volume of 98,421 shares traded.

Analyst Upgrades and Downgrades

AVAL has been the subject of several recent research reports. Wall Street Zen upgraded Grupo Aval Acciones y Valores to a “hold” rating in a research note on Saturday. Weiss Ratings downgraded Grupo Aval Acciones y Valores from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, September 3rd. Finally, JPMorgan Chase & Co. restated an “underweight” rating and set a $5.00 price objective (down from $5.50) on shares of Grupo Aval Acciones y Valores in a research note on Wednesday, September 16th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Grupo Aval Acciones y Valores presently has a consensus rating of “Reduce” and a consensus price target of $5.00.

Check Out Our Latest Stock Analysis on Grupo Aval Acciones y Valores

Grupo Aval Acciones y Valores Trading Up 3.0%

The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a market capitalization of $5.76 billion, a P/E ratio of 10.70 and a beta of 0.59. The firm’s fifty day simple moving average is $5.16 and its 200 day simple moving average is $4.95.

Grupo Aval Acciones y Valores Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 8th. Investors of record on Friday, February 26th will be given a dividend of $0.0165 per share. The ex-dividend date is Friday, February 26th. This represents a $0.20 annualized dividend and a dividend yield of 4.1%. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is currently 40.00%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Triasima Portfolio Management inc. bought a new stake in Grupo Aval Acciones y Valores during the third quarter worth $351,000. Sanders Morris Harris LLC acquired a new stake in shares of Grupo Aval Acciones y Valores in the 3rd quarter valued at $99,000. QRG Capital Management Inc. bought a new position in shares of Grupo Aval Acciones y Valores in the 2nd quarter valued at $68,000. Engineers Gate Manager LP bought a new position in shares of Grupo Aval Acciones y Valores in the 2nd quarter valued at $120,000. Finally, AXQ Capital LP bought a new position in shares of Grupo Aval Acciones y Valores in the 2nd quarter valued at $120,000. 0.21% of the stock is owned by institutional investors.

About Grupo Aval Acciones y Valores

(Get Free Report)

Grupo Aval Acciones y Valores SA is a Colombian financial holding company whose shares trade on the New York Stock Exchange through American depositary receipts. The company coordinates a diversified group of financial businesses, with banking as its principal activity.

Through its subsidiaries, Grupo Aval provides commercial and consumer banking, corporate lending, mortgage financing, credit cards, leasing, fiduciary and trust services, securities brokerage, investment banking, and pension and severance-fund administration.

See Also