Ballentine Partners LLC Invests $45,000 in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)

Ballentine Partners LLC bought a new position in Grupo Aval Acciones y Valores S.A. (NYSE:AVALFree Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 19,332 shares of the bank’s stock, valued at approximately $45,000.

Several other institutional investors have also recently made changes to their positions in AVAL. Millennium Management LLC bought a new stake in shares of Grupo Aval Acciones y Valores in the 4th quarter worth $434,000. Renaissance Technologies LLC grew its position in Grupo Aval Acciones y Valores by 8.6% during the fourth quarter. Renaissance Technologies LLC now owns 1,060,172 shares of the bank’s stock valued at $2,682,000 after buying an additional 84,400 shares during the period. First Trust Direct Indexing L.P. grew its position in Grupo Aval Acciones y Valores by 193.9% during the first quarter. First Trust Direct Indexing L.P. now owns 109,299 shares of the bank’s stock valued at $256,000 after buying an additional 72,105 shares during the period. Mariner LLC bought a new position in Grupo Aval Acciones y Valores during the fourth quarter valued at about $158,000. Finally, Cidel Asset Management Inc. bought a new position in Grupo Aval Acciones y Valores during the fourth quarter valued at about $108,000. Institutional investors own 0.25% of the company’s stock.

Grupo Aval Acciones y Valores Price Performance

Shares of NYSE:AVAL opened at $2.49 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $2.96 billion, a PE ratio of 9.96 and a beta of 1.19. Grupo Aval Acciones y Valores S.A. has a twelve month low of $1.96 and a twelve month high of $3.70. The company has a 50-day moving average price of $2.33 and a two-hundred day moving average price of $2.37.

Grupo Aval Acciones y Valores (NYSE:AVALGet Free Report) last issued its earnings results on Wednesday, May 17th. The bank reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The business had revenue of $662.21 million for the quarter, compared to the consensus estimate of $826.54 million. Grupo Aval Acciones y Valores had a return on equity of 6.99% and a net margin of 4.63%. Equities analysts forecast that Grupo Aval Acciones y Valores S.A. will post 0.33 EPS for the current year.

Grupo Aval Acciones y Valores Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 12th. Shareholders of record on Monday, July 3rd were given a dividend of $0.0145 per share. The ex-dividend date was Friday, June 30th. This represents a yield of 7.48%. Grupo Aval Acciones y Valores’s dividend payout ratio is presently 68.00%.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded shares of Grupo Aval Acciones y Valores from a “d+” rating to a “c-” rating in a research report on Tuesday, June 20th.

Grupo Aval Acciones y Valores Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Grupo Aval Acciones y Valores (NYSE:AVAL)

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