OxFORD Asset Management LLP Has $809,000 Holdings in Avianca Holdings SA (AVH)

OxFORD Asset Management LLP lifted its holdings in Avianca Holdings SA (NYSE:AVH) by 11.9% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 104,428 shares of the transportation company’s stock after buying an additional 11,133 shares during the period. OxFORD Asset Management LLP owned approximately 0.13% of Avianca worth $809,000 at the end of the most recent reporting period.

Separately, JPMorgan Chase & Co. lifted its stake in Avianca by 23.7% in the second quarter. JPMorgan Chase & Co. now owns 88,810 shares of the transportation company’s stock valued at $577,000 after purchasing an additional 17,008 shares during the last quarter. Institutional investors own 4.20% of the company’s stock.

Avianca Holdings SA (NYSE AVH) opened at $8.05 on Friday. Avianca Holdings SA has a 12 month low of $6.37 and a 12 month high of $10.29. The company has a quick ratio of 0.60, a current ratio of 0.65 and a debt-to-equity ratio of 3.63. The company has a market capitalization of $665.76, a P/E ratio of 10.45 and a beta of 0.87.

AVH has been the topic of several research analyst reports. Deutsche Bank upgraded Avianca from a “hold” rating to a “buy” rating and upped their price objective for the company from $8.00 to $11.00 in a research note on Thursday, November 16th. Zacks Investment Research downgraded Avianca from a “buy” rating to a “strong sell” rating in a research note on Monday, November 6th. Avian Securities upgraded Avianca to a “buy” rating and upped their price objective for the company from $8.00 to $11.00 in a research note on Thursday, November 16th. ValuEngine upgraded Avianca from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 1st. Finally, TheStreet upgraded Avianca from a “d+” rating to a “c” rating in a research note on Tuesday, December 5th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $10.17.

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Avianca Company Profile

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

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