Avianca (AVH) Sets New 1-Year Low at $5.26

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Avianca Holdings SA (NYSE:AVH) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $5.26 and last traded at $5.29, with a volume of 1005 shares traded. The stock had previously closed at $5.32.

AVH has been the subject of a number of research analyst reports. Zacks Investment Research cut Avianca from a “hold” rating to a “strong sell” rating in a report on Monday, July 23rd. TheStreet cut Avianca from a “c-” rating to a “d+” rating in a report on Monday, July 16th. Finally, ValuEngine cut Avianca from a “hold” rating to a “sell” rating in a report on Friday, August 3rd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $10.19.

The firm has a market capitalization of $435.30 million, a PE ratio of 6.20, a P/E/G ratio of 0.34 and a beta of 0.60. The company has a debt-to-equity ratio of 6.37, a current ratio of 0.51 and a quick ratio of 0.47.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 9th. Stockholders of record on Friday, September 21st will be issued a dividend of $0.056 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 12.90%. The ex-dividend date is Thursday, September 20th. Avianca’s dividend payout ratio is presently 180.00%.

Large investors have recently modified their holdings of the company. Segall Bryant & Hamill LLC bought a new stake in shares of Avianca during the first quarter worth approximately $100,000. ClariVest Asset Management LLC acquired a new stake in shares of Avianca in the first quarter valued at approximately $114,000. Allianz Asset Management GmbH acquired a new stake in shares of Avianca in the first quarter valued at approximately $252,000. State of Wisconsin Investment Board raised its position in shares of Avianca by 22.7% in the first quarter. State of Wisconsin Investment Board now owns 90,336 shares of the transportation company’s stock valued at $765,000 after buying an additional 16,713 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of Avianca by 8.2% in the second quarter. Russell Investments Group Ltd. now owns 176,308 shares of the transportation company’s stock valued at $1,138,000 after buying an additional 13,364 shares in the last quarter. Institutional investors own 5.94% of the company’s stock.

Avianca Company Profile (NYSE:AVH)

Avianca Holdings SA, through its subsidiaries, provides passenger and cargo air transportation services in North America, Central America, the Caribbean, Colombia, Europe, South America, and internationally. It also offers aircraft maintenance, crew training, and other airport services to other carriers, as well as travel and cargo related services to its customers.

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