Moneda S.A. Administradora General de Fondos Has $2.08 Million Holdings in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS)

Moneda S.A. Administradora General de Fondos lowered its stake in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) by 44.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 279,732 shares of the transportation company’s stock after selling 224,475 shares during the period. Controladora Vuela Compañía de Aviación makes up approximately 2.2% of Moneda S.A. Administradora General de Fondos’ holdings, making the stock its 11th biggest position. Moneda S.A. Administradora General de Fondos owned about 0.24% of Controladora Vuela Compañía de Aviación worth $2,081,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. WCM Investment Management LLC lifted its position in shares of Controladora Vuela Compañía de Aviación by 13.3% in the fourth quarter. WCM Investment Management LLC now owns 2,479,591 shares of the transportation company’s stock worth $18,423,000 after buying an additional 291,252 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Controladora Vuela Compañía de Aviación by 157.9% in the third quarter. BNP Paribas Financial Markets now owns 84,252 shares of the transportation company’s stock worth $533,000 after purchasing an additional 51,580 shares during the period. Centiva Capital LP bought a new position in shares of Controladora Vuela Compañía de Aviación in the third quarter worth about $320,000. Stifel Financial Corp increased its stake in shares of Controladora Vuela Compañía de Aviación by 9.0% in the third quarter. Stifel Financial Corp now owns 38,092 shares of the transportation company’s stock worth $241,000 after purchasing an additional 3,135 shares during the period. Finally, XTX Topco Ltd bought a new position in shares of Controladora Vuela Compañía de Aviación in the third quarter worth about $212,000. Institutional investors and hedge funds own 53.32% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on VLRS. Itau BBA Securities began coverage on Controladora Vuela Compañía de Aviación in a research note on Wednesday, February 12th. They issued an “outperform” rating and a $12.00 price objective on the stock. JPMorgan Chase & Co. lifted their price objective on Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 12th. UBS Group lifted their price objective on Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th. Finally, StockNews.com lowered Controladora Vuela Compañía de Aviación from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $13.14.

Controladora Vuela Compañía de Aviación Trading Down 1.4 %

Shares of VLRS opened at $6.39 on Tuesday. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. has a 12-month low of $5.15 and a 12-month high of $9.57. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $745.06 million, a price-to-earnings ratio of 3.85 and a beta of 2.45. The stock’s 50-day moving average price is $7.91 and its 200 day moving average price is $7.32.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last released its quarterly earnings data on Monday, February 24th. The transportation company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.16). Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.50%. The company had revenue of $835.00 million during the quarter, compared to the consensus estimate of $709.48 million. As a group, research analysts predict that Controladora Vuela Compañía de Aviación, S.A.B. de C.V. will post 1.21 earnings per share for the current year.

Controladora Vuela Compañía de Aviación Profile

Controladora Vuela Compañía de Aviación, SAB. de C.V., through its subsidiary, Concesionaria Vuela Compañía de Aviación, SAP.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company operates approximately 590 daily flights on routes connecting 43 cities in Mexico, 22 cities in the United States, 4 cities in Central America, and 2 cities in South America.