First Affirmative Financial Network Increases Holdings in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL)

First Affirmative Financial Network grew its position in Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) by 17.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,549 shares of the bank’s stock after buying an additional 8,268 shares during the period. First Affirmative Financial Network’s holdings in Grupo Aval Acciones y Valores were worth $126,000 as of its most recent SEC filing.

Separately, QRG Capital Management Inc. purchased a new stake in Grupo Aval Acciones y Valores in the third quarter valued at approximately $122,000. Institutional investors own 0.21% of the company’s stock.

Grupo Aval Acciones y Valores Stock Down 0.5 %

Shares of NYSE:AVAL opened at $2.16 on Friday. The firm’s 50-day moving average is $2.38 and its two-hundred day moving average is $2.42. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.99 and a quick ratio of 1.05. Grupo Aval Acciones y Valores S.A. has a 1 year low of $2.10 and a 1 year high of $2.70. The firm has a market capitalization of $2.56 billion, a PE ratio of 27.00 and a beta of 1.03.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released its earnings results on Wednesday, May 15th. The bank reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.03). The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.01 billion. Grupo Aval Acciones y Valores had a return on equity of 0.65% and a net margin of 1.17%. Analysts predict that Grupo Aval Acciones y Valores S.A. will post 0.29 EPS for the current year.

Grupo Aval Acciones y Valores Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, October 9th. Investors of record on Monday, September 30th will be paid a $0.0084 dividend. The ex-dividend date is Monday, September 30th. This represents a $0.10 dividend on an annualized basis and a yield of 4.67%. Grupo Aval Acciones y Valores’s dividend payout ratio is currently 125.02%.

About Grupo Aval Acciones y Valores

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.