ANTIPODES PARTNERS Ltd Sells 654,220 Shares of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS)

ANTIPODES PARTNERS Ltd reduced its stake in shares of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS - Free Report) by 75.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 209,934 shares of the transportation company's stock after selling 654,220 shares during the period. ANTIPODES PARTNERS Ltd owned 0.18% of Controladora Vuela Compañía de Aviación worth $1,562,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Stifel Financial Corp lifted its holdings in Controladora Vuela Compañía de Aviación by 9.0% in the 3rd 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 in the last quarter. BNP Paribas Financial Markets lifted its holdings in Controladora Vuela Compañía de Aviación by 157.9% in the 3rd 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 in the last quarter. Centiva Capital LP purchased a new position in Controladora Vuela Compañía de Aviación in the 3rd quarter worth approximately $320,000. WCM Investment Management LLC lifted its holdings in Controladora Vuela Compañía de Aviación by 13.3% in the 4th quarter. WCM Investment Management LLC now owns 2,479,591 shares of the transportation company's stock worth $18,423,000 after purchasing an additional 291,252 shares in the last quarter. Finally, MMA Asset Management LLC purchased a new position in Controladora Vuela Compañía de Aviación in the 4th quarter worth approximately $112,000. 53.32% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

VLRS has been the topic of a number of research analyst reports. Itau BBA Securities initiated coverage on Controladora Vuela Compañía de Aviación in a report on Wednesday, February 12th. They issued an "outperform" rating and a $12.00 price target on the stock. Citigroup lowered their price target on Controladora Vuela Compañía de Aviación from $13.00 to $11.00 and set a "buy" rating on the stock in a report on Wednesday, March 5th. StockNews.com cut Controladora Vuela Compañía de Aviación from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Finally, UBS Group upped their price objective on Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the stock a "buy" rating in a report on Tuesday, January 7th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Controladora Vuela Compañía de Aviación has an average rating of "Moderate Buy" and a consensus target price of $12.88.

Controladora Vuela Compañía de Aviación Trading Up 4.4 %

Shares of NYSE VLRS traded up $0.24 during trading hours on Friday, hitting $5.55. 818,864 shares of the company traded hands, compared to its average volume of 680,263. The stock has a market capitalization of $646.54 million, a price-to-earnings ratio of 3.34 and a beta of 2.48. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 1.09. The company's 50 day moving average price is $7.59 and its 200 day moving average price is $7.32. 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.

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) last released its 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 for the quarter, compared to the consensus estimate 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 earnings per share for the current fiscal year.

Controladora Vuela Compañía de Aviación Company 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.