Avianca Holdings S.A. (AVH) Position Lowered by State of Wisconsin Investment Board

State of Wisconsin Investment Board reduced its stake in Avianca Holdings S.A. (NYSE:AVH) by 14.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 73,623 shares of the transportation company’s stock after selling 12,912 shares during the quarter. State of Wisconsin Investment Board owned about 0.06% of Avianca Holdings worth $479,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AVH. Renaissance Technologies LLC lifted its stake in shares of Avianca Holdings by 95.1% in the first quarter. Renaissance Technologies LLC now owns 598,848 shares of the transportation company’s stock worth $4,617,000 after acquiring an additional 291,948 shares during the period. Oxford Asset Management acquired a new position in shares of Avianca Holdings in the first quarter worth approximately $590,000. Bank of America Corp DE lifted its stake in shares of Avianca Holdings by 33.7% in the first quarter. Bank of America Corp DE now owns 194,162 shares of the transportation company’s stock worth $1,497,000 after acquiring an additional 48,887 shares during the period. IPG Investment Advisors LLC acquired a new position in shares of Avianca Holdings in the first quarter worth approximately $375,000. Finally, Russell Investments Group Ltd. lifted its stake in shares of Avianca Holdings by 11.1% in the first quarter. Russell Investments Group Ltd. now owns 151,326 shares of the transportation company’s stock worth $1,167,000 after acquiring an additional 15,063 shares during the period. 2.80% of the stock is currently owned by institutional investors.

AVH has been the topic of a number of recent analyst reports. BidaskClub raised Avianca Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. UBS AG lowered Avianca Holdings from a “neutral” rating to a “sell” rating in a research note on Wednesday, May 31st. Zacks Investment Research raised Avianca Holdings from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 25th. J P Morgan Chase & Co lowered Avianca Holdings from an “overweight” rating to a “neutral” rating in a research note on Wednesday, May 24th. Finally, ValuEngine raised Avianca Holdings from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 7th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a strong buy rating to the company’s stock. Avianca Holdings currently has an average rating of “Hold” and a consensus price target of $9.25.

Avianca Holdings S.A. (NYSE:AVH) opened at 8.06 on Wednesday. The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of 17.08 and a beta of 0.85. The firm has a 50-day moving average price of $7.36 and a 200 day moving average price of $7.22. Avianca Holdings S.A. has a 52 week low of $6.13 and a 52 week high of $10.91.

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Avianca Holdings 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.

Institutional Ownership by Quarter for Avianca Holdings (NYSE:AVH)

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