Trade Report: The Dynamic Technology Lab Private Ltd Takes Position in Avianca Holdings SA (AVH)

The Dynamic Technology Lab Private Ltd Takes Position in Avianca Holdings SA (AVH)

Dynamic Technology Lab Private Ltd purchased a new position in Avianca Holdings SA (NYSE:AVH) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,610 shares of the company’s stock, valued at approximately $133,000.

Several other large investors also recently bought and sold shares of the company. Renaissance Technologies LLC boosted its stake in Avianca Holdings SA by 109.2% in the first quarter. Renaissance Technologies LLC now owns 29,700 shares of the company’s stock worth $148,000 after buying an additional 15,500 shares during the period. Thomas J. Herzfeld Advisors Inc. boosted its stake in shares of Avianca Holdings SA by 21.9% in the first quarter. Thomas J. Herzfeld Advisors Inc. now owns 192,368 shares of the company’s stock worth $956,000 after buying an additional 34,574 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Avianca Holdings SA by 51.0% in the second quarter. JPMorgan Chase & Co. now owns 136,477 shares of the company’s stock worth $841,000 after buying an additional 46,113 shares during the last quarter. Finally, Emerald Acquisition Ltd. acquired a new stake in shares of Avianca Holdings SA during the second quarter worth about $968,000. 4.30% of the stock is currently owned by institutional investors.

Avianca Holdings SA (NYSE:AVH) opened at 6.42 on Friday. The stock’s 50 day moving average is $6.72 and its 200-day moving average is $6.13. The stock’s market capitalization is $800.08 million. Avianca Holdings SA has a 52-week low of $3.40 and a 52-week high of $7.65.

The company also recently declared an annual dividend, which will be paid on Thursday, October 13th. Stockholders of record on Thursday, October 13th will be issued a dividend of $0.03 per share. The ex-dividend date of this dividend is Tuesday, October 11th. Avianca Holdings SA’s payout ratio is -2.21%.

A number of equities research analysts have issued reports on AVH shares. Zacks Investment Research raised shares of Avianca Holdings SA from a “strong sell” rating to a “hold” rating in a report on Monday, September 12th. Bank of America Corp. raised shares of Avianca Holdings SA from an “underperform” rating to a “neutral” rating in a report on Monday, July 11th. Finally, Standpoint Research reissued a “buy” rating on shares of Avianca Holdings SA in a report on Wednesday, July 27th.

Avianca Holdings SA Company Profile

Avianca Holdings SA is a Panama-based company engaged, through its subsidiaries, in the provision of air transportation services for passengers and commercial purposes. The Company was originally established as a strategic alliance between Aerovias del Continente Americano SA (AVIANCA) and Grupo TACA Holdings Limited (GTH), and it mainly operates in North, Central and South America, the Caribbean and Europe.

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