Shares of GRUPO AVAL ACCI/S (NYSE:AVAL) hit a new 52-week low on Thursday . The stock traded as low as $7.24 and last traded at $7.28, with a volume of 4355 shares trading hands. The stock had previously closed at $7.44.
Several analysts recently weighed in on AVAL shares. Zacks Investment Research raised GRUPO AVAL ACCI/S from a “sell” rating to a “hold” rating in a report on Tuesday, June 19th. JPMorgan Chase & Co. raised GRUPO AVAL ACCI/S from an “underweight” rating to a “neutral” rating and set a $9.00 price objective for the company in a report on Monday, July 30th. Finally, ValuEngine downgraded GRUPO AVAL ACCI/S from a “hold” rating to a “sell” rating in a research note on Thursday, July 19th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $9.50.
The company has a debt-to-equity ratio of 0.77, a current ratio of 1.15 and a quick ratio of 1.15. The company has a market cap of $2.72 billion, a P/E ratio of 12.25 and a beta of 0.55.
GRUPO AVAL ACCI/S (NYSE:AVAL) last issued its earnings results on Thursday, August 16th. The bank reported $0.24 EPS for the quarter. GRUPO AVAL ACCI/S had a return on equity of 8.56% and a net margin of 9.22%. The company had revenue of $1.81 billion during the quarter. On average, research analysts forecast that GRUPO AVAL ACCI/S will post 0.78 EPS for the current fiscal year.
The business also recently announced a special dividend, which will be paid on Tuesday, December 11th. Shareholders of record on Friday, November 30th will be paid a $0.0265 dividend. The ex-dividend date of this dividend is Thursday, November 29th. This represents a yield of 4.1%. GRUPO AVAL ACCI/S’s payout ratio is currently 53.33%.
A number of hedge funds have recently modified their holdings of AVAL. Northern Trust Corp boosted its stake in GRUPO AVAL ACCI/S by 6.8% in the first quarter. Northern Trust Corp now owns 408,598 shares of the bank’s stock valued at $3,396,000 after acquiring an additional 26,032 shares during the period. Dimensional Fund Advisors LP boosted its stake in GRUPO AVAL ACCI/S by 3.8% in the first quarter. Dimensional Fund Advisors LP now owns 351,080 shares of the bank’s stock valued at $2,918,000 after acquiring an additional 12,841 shares during the period. Guggenheim Capital LLC boosted its stake in GRUPO AVAL ACCI/S by 18.5% in the first quarter. Guggenheim Capital LLC now owns 321,124 shares of the bank’s stock valued at $2,669,000 after acquiring an additional 50,209 shares during the period. Aperio Group LLC boosted its stake in GRUPO AVAL ACCI/S by 16.9% in the second quarter. Aperio Group LLC now owns 371,054 shares of the bank’s stock valued at $3,076,000 after acquiring an additional 53,663 shares during the period. Finally, Newfoundland Capital Management acquired a new position in GRUPO AVAL ACCI/S in the second quarter valued at approximately $3,886,000. Institutional investors own 21.52% of the company’s stock.
GRUPO AVAL ACCI/S Company Profile (NYSE:AVAL)
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. The company's deposit products and services include checking accounts, savings accounts, and time deposits, as well as other deposits consisting of deposits from correspondent accounts, cashier checks, and collection services.
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