Shares of Avianca Holdings SA (NYSE:AVH) have been given an average recommendation of “Hold” by the six ratings firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $10.33.
A number of research firms have recently weighed in on AVH. ValuEngine downgraded Avianca from a “hold” rating to a “sell” rating in a research note on Friday, August 3rd. TheStreet downgraded Avianca from a “c-” rating to a “d+” rating in a research note on Monday, July 16th. Finally, Zacks Investment Research raised Avianca from a “strong sell” rating to a “hold” rating in a research note on Monday, July 16th.
Shares of AVH stock traded down $0.01 during trading hours on Monday, reaching $5.20. The company had a trading volume of 46,954 shares, compared to its average volume of 109,056. The company has a quick ratio of 0.47, a current ratio of 0.51 and a debt-to-equity ratio of 6.37. The company has a market cap of $430.35 million, a P/E ratio of 13.00, a price-to-earnings-growth ratio of 0.34 and a beta of 0.60. Avianca has a 1-year low of $5.15 and a 1-year high of $9.76.
The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 9th. Investors of record on Friday, September 21st will be paid a dividend of $0.056 per share. This represents a $0.67 annualized dividend and a yield of 12.92%. The ex-dividend date is Thursday, September 20th. Avianca’s payout ratio is presently 180.00%.
A number of institutional investors have recently modified their holdings of AVH. Donald Smith & CO. Inc. raised its stake in Avianca by 189.6% during the 2nd quarter. Donald Smith & CO. Inc. now owns 1,355,772 shares of the transportation company’s stock worth $8,758,000 after buying an additional 887,658 shares during the period. Cambridge Investment Research Advisors Inc. acquired a new stake in Avianca during the 1st quarter worth $3,216,000. Millennium Management LLC raised its stake in Avianca by 229.1% during the 1st quarter. Millennium Management LLC now owns 310,940 shares of the transportation company’s stock worth $2,634,000 after buying an additional 216,470 shares during the period. River & Mercantile Asset Management LLP acquired a new stake in Avianca during the 1st quarter worth $1,203,000. Finally, JPMorgan Chase & Co. raised its stake in Avianca by 173.4% during the 1st quarter. JPMorgan Chase & Co. now owns 138,076 shares of the transportation company’s stock worth $1,170,000 after buying an additional 87,566 shares during the period. 5.94% of the stock is currently owned by institutional investors and hedge funds.
Avianca Company Profile
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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