Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Shares Sold by Millennium Management LLC

Millennium Management LLC cut its stake in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) by 8.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,697 shares of the bank’s stock after selling 6,606 shares during the period. Millennium Management LLC’s holdings in Grupo Aval Acciones y Valores were worth $139,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Inspire Advisors LLC raised its holdings in Grupo Aval Acciones y Valores by 13.5% during the fourth quarter. Inspire Advisors LLC now owns 79,251 shares of the bank’s stock worth $161,000 after purchasing an additional 9,456 shares in the last quarter. Natural Investments LLC acquired a new position in shares of Grupo Aval Acciones y Valores during the 4th quarter valued at $34,000. Banco BTG Pactual S.A. raised its stake in shares of Grupo Aval Acciones y Valores by 121.8% in the 4th quarter. Banco BTG Pactual S.A. now owns 34,154 shares of the bank’s stock worth $71,000 after buying an additional 18,757 shares in the last quarter. Sage Investment Counsel LLC bought a new stake in shares of Grupo Aval Acciones y Valores in the 4th quarter worth $41,000. Finally, Truffle Hound Capital LLC acquired a new stake in shares of Grupo Aval Acciones y Valores in the fourth quarter valued at $3,451,000. Institutional investors and hedge funds own 0.21% of the company’s stock.

Grupo Aval Acciones y Valores Trading Down 1.8%

Shares of AVAL stock opened at $2.77 on Friday. The stock has a 50-day simple moving average of $2.73 and a 200 day simple moving average of $2.58. The stock has a market capitalization of $3.29 billion, a P/E ratio of 16.30 and a beta of 0.83. Grupo Aval Acciones y Valores S.A. has a fifty-two week low of $1.94 and a fifty-two week high of $3.32. The company has a quick ratio of 1.00, a current ratio of 1.03 and a debt-to-equity ratio of 0.79.

Grupo Aval Acciones y Valores (NYSE:AVAL) last posted its quarterly earnings data on Monday, May 12th. The bank reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.03). The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.03 billion. Grupo Aval Acciones y Valores had a net margin of 2.24% and a return on equity of 2.48%. On average, sell-side analysts expect that Grupo Aval Acciones y Valores S.A. will post 0.21 earnings per share for the current fiscal year.

Grupo Aval Acciones y Valores Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, June 10th. Investors of record on Tuesday, June 3rd were issued a dividend of $0.0084 per share. This represents a yield of 3.56%. This is a boost from Grupo Aval Acciones y Valores’s previous dividend of $0.01. The ex-dividend date of this dividend was Monday, June 2nd. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is presently 40.00%.

Grupo Aval Acciones y Valores 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.