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.