Grupo Aval Acciones y Valores SA (NYSE:AVAL) Brief Interest Update

Grupo Aval Acciones y Valores SA (NYSE: AVAL – Get a rating) was the target of strong short-term interest growth in July. As of July 15, there was short interest totaling 369,500 shares, up 45.7% from the total of 253,600 shares as of June 30. Based on an average daily volume of 148,700 shares, the day-to-cover ratio is currently 2.5 days.

Institutional investors weigh on Grupo Aval Acciones y Valores

Hedge funds and other institutional investors have recently increased or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. increased its position in Grupo Aval Acciones y Valores by 14.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 260,799 shares of the bank valued at $1,333,000 after acquiring 32,825 additional shares last quarter. Russell Investments Group Ltd. acquired a new stake in Grupo Aval Acciones y Valores in Q4 valued at approximately $37,000. Dimensional Fund Advisors LP increased its position in Grupo Aval Acciones y Valores by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 179,975 shares of the bank valued at $820,000 after acquiring 4,870 additional shares in the last quarter. Invesco Ltd. increased its position in Grupo Aval Acciones y Valores by 19.7% in the 1st quarter. Invesco Ltd. now owns 50,266 shares of the bank valued at $229,000 after acquiring 8,271 additional shares last quarter. Finally, Truist Financial Corp bought a new position in shares of Grupo Aval Acciones y Valores in Q2, valued at around $38,000. Institutional investors and hedge funds own 0.45% of the company’s shares.

Grupo Aval Acciones y Valores Performance Awards

Shares of Grupo Aval Acciones y Valores traded down $0.01 at midday on Friday, hitting $3.57. 53,262 shares were traded, against an average volume of 128,967. The company has a market capitalization of $3.96 billion, a price-earnings ratio of 3.37 and a beta of 1.33. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt ratio of 1.03. The company has a 50-day simple moving average of $3.83 and a 200-day simple moving average of $4.55. Grupo Aval Acciones y Valores has a fifty-two week minimum of $3.24 and a fifty-two week maximum of $6.15.

Grupo Aval Acciones y Valores (NYSE: AVAL – Get a rating) last announced its results on Friday, May 20. The bank reported earnings per share (EPS) of $0.34 for the quarter. The company had revenue of $922.71 million in the quarter. Grupo Aval Acciones y Valores achieved a net margin of 16.85% and a return on equity of 8.81%. On average, sell-side analysts expect Grupo Aval Acciones y Valores to post EPS of 0.82 for the current fiscal year.

Grupo Aval Acciones y Valores increases its dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 7. Shareholders of record on Thursday, June 2 received a dividend of $0.245. This represents an annualized dividend of $0.98 and a yield of 27.45%. The ex-dividend date was Wednesday, June 1. This is a boost from Grupo Aval Acciones y Valores’ previous quarterly dividend of $0.04. The dividend payout ratio (DPR) of Grupo Aval Acciones y Valores is currently 24.53%.

Company Profile Grupo Aval Acciones y Valores

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Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector clients in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, term deposits and other deposits. The Company also offers commercial loans including general purpose loans, working capital loans, leases, loans financed by development banks, corporate credit cards and overdraft loans; consumer loans, such as payday loans, personal loans, car and other vehicle loans, credit cards, overdrafts, leases and general purpose loans; and microcredit and mortgages.

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