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 reduced its holdings in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) by 44.5% during the 4th quarter, Holdings Channel reports. The fund owned 279,732 shares of the transportation company’s stock after selling 224,475 shares during the quarter. Controladora Vuela Compañía de Aviación makes up approximately 2.2% of Moneda S.A. Administradora General de Fondos’ portfolio, making the stock its 11th biggest position. Moneda S.A. Administradora General de Fondos’ holdings in Controladora Vuela Compañía de Aviación were worth $2,081,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VLRS. Stifel Financial Corp lifted its holdings in Controladora Vuela Compañía de Aviación by 9.0% during the 3rd quarter. Stifel Financial Corp now owns 38,092 shares of the transportation company’s stock worth $241,000 after buying an additional 3,135 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in Controladora Vuela Compañía de Aviación by 157.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 84,252 shares of the transportation company’s stock worth $533,000 after buying an additional 51,580 shares in the last quarter. Centiva Capital LP acquired a new position in Controladora Vuela Compañía de Aviación during the 3rd quarter worth $320,000. WCM Investment Management LLC lifted its holdings in Controladora Vuela Compañía de Aviación by 13.3% during the 4th 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 in the last quarter. Finally, MMA Asset Management LLC acquired a new position in Controladora Vuela Compañía de Aviación during the 4th quarter worth $112,000. 53.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VLRS has been the topic of a number of analyst reports. JPMorgan Chase & Co. increased their price target on Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. Itau BBA Securities initiated 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 target on the stock. UBS Group increased their price target on Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. Finally, StockNews.com downgraded Controladora Vuela Compañía de Aviación from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Controladora Vuela Compañía de Aviación has an average rating of “Moderate Buy” and a consensus price target of $13.14.

Controladora Vuela Compañía de Aviación Stock Down 1.4 %

Controladora Vuela Compañía de Aviación stock opened at $6.39 on Tuesday. The stock has a market capitalization of $745.06 million, a PE ratio of 3.85 and a beta of 2.45. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. has a twelve month low of $5.15 and a twelve 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 company has a 50 day moving average of $7.91 and a 200-day moving average of $7.32.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last released its quarterly earnings results 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). The company had revenue of $835.00 million during the quarter, compared to analyst estimates of $709.48 million. Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.50%. On average, equities research analysts anticipate that Controladora Vuela Compañía de Aviación, S.A.B. de C.V. will post 1.21 EPS for the current fiscal 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.