Grupo Aval Acciones y Valores (NYSE:AVAL) Stock Price Down 4.8%

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)’s share price fell 4.8% during trading on Friday . The stock traded as low as $2.36 and last traded at $2.36. 32,947 shares changed hands during trading, a decline of 65% from the average session volume of 93,616 shares. The stock had previously closed at $2.48.

Analyst Ratings Changes

Several brokerages have recently commented on AVAL. JPMorgan Chase & Co. lowered Grupo Aval Acciones y Valores from a “neutral” rating to an “underweight” rating in a research note on Wednesday, August 16th. TheStreet lowered Grupo Aval Acciones y Valores from a “c-” rating to a “d” rating in a research note on Wednesday, August 23rd.

Grupo Aval Acciones y Valores Price Performance

The firm has a 50 day simple moving average of $2.45 and a 200-day simple moving average of $2.39. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.83. The company has a market cap of $2.81 billion, a PE ratio of 17.92 and a beta of 1.22.

Grupo Aval Acciones y Valores Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 12th. Shareholders of record on Monday, July 3rd were issued a $0.0145 dividend. This represents a yield of 7.48%. The ex-dividend date was Friday, June 30th. Grupo Aval Acciones y Valores’s dividend payout ratio is presently 130.78%.

Institutional Investors Weigh In On Grupo Aval Acciones y Valores

Several institutional investors have recently added to or reduced their stakes in AVAL. Foster Group Inc. acquired a new stake in shares of Grupo Aval Acciones y Valores during the second quarter worth about $25,000. Inspire Investing LLC acquired a new stake in shares of Grupo Aval Acciones y Valores during the first quarter worth about $27,000. Creative Planning acquired a new stake in shares of Grupo Aval Acciones y Valores during the fourth quarter worth about $28,000. HBK Sorce Advisory LLC lifted its holdings in shares of Grupo Aval Acciones y Valores by 100.0% during the fourth quarter. HBK Sorce Advisory LLC now owns 30,000 shares of the bank’s stock worth $32,000 after purchasing an additional 15,000 shares during the period. Finally, Marshall Wace LLP acquired a new stake in shares of Grupo Aval Acciones y Valores during the fourth quarter worth about $32,000. Institutional investors and hedge funds own 0.25% of the company’s stock.

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.