Atria Investments LLC raised its stake in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) by 4.8% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 11,417 shares of the transportation company’s stock after buying an additional 518 shares during the period. Atria Investments LLC’s holdings in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. were worth $166,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of VLRS. Goldman Sachs Group Inc. acquired a new position in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter valued at $220,000. FNY Partners Fund LP acquired a new position in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter valued at $195,000. FNY Managed Accounts LLC boosted its position in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. by 1.5% in the first quarter. FNY Managed Accounts LLC now owns 67,000 shares of the transportation company’s stock valued at $933,000 after buying an additional 1,000 shares in the last quarter. Teewinot Capital Advisers L.L.C. boosted its position in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. by 195.8% in the first quarter. Teewinot Capital Advisers L.L.C. now owns 851,973 shares of the transportation company’s stock valued at $11,877,000 after buying an additional 563,973 shares in the last quarter. Finally, Soros Fund Management LLC acquired a new position in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter valued at $3,527,000.
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS) traded up 1.71% on Monday, hitting $13.71. 153,481 shares of the company were exchanged. The company has a market capitalization of $1.39 billion and a P/E ratio of 228.50. The firm’s 50 day moving average is $14.67 and its 200 day moving average is $13.72. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. has a 52 week low of $11.33 and a 52 week high of $20.03.
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) last released its quarterly earnings results on Friday, July 21st. The transportation company reported ($0.29) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by $0.21. The firm had revenue of $334 million for the quarter, compared to analyst estimates of $316 million. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. had a negative net margin of 0.15% and a negative return on equity of 0.39%. On average, equities research analysts forecast that Controladora Vuela Compania de Aviacion, S.A.B. de C.V. will post ($0.21) earnings per share for the current fiscal year.
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Several brokerages have recently weighed in on VLRS. Zacks Investment Research cut shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “buy” rating to a “hold” rating in a research note on Friday. BidaskClub cut shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Imperial Capital began coverage on shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. in a research note on Thursday, June 29th. They set an “outperform” rating and a $18.00 price target on the stock. UBS AG cut shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 31st. Finally, Deutsche Bank AG cut shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “buy” rating to a “hold” rating and lowered their target price for the company from $17.00 to $14.00 in a research note on Thursday, April 20th. Eight equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. presently has a consensus rating of “Hold” and a consensus price target of $16.25.
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. Company Profile
Controladora Vuela Compania de Aviacion SAB de CV (Volaris Aviation Holding Company) is a Mexico-based company principally engaged in the airline passenger transportation industry. The Company is a law-cost carrier airline. Controladora Vuela Compania de Aviacion SAB de CV offers direct, point-to-point flights.
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