Moneda S.A. Administradora General de Fondos Trims Position in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS)

Moneda S.A. Administradora General de Fondos trimmed its stake in shares of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS - Free Report) by 44.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 279,732 shares of the transportation company's stock after selling 224,475 shares during the period. Controladora Vuela Compañía de Aviación comprises 2.2% of Moneda S.A. Administradora General de Fondos' holdings, making the stock its 11th largest position. Moneda S.A. Administradora General de Fondos owned approximately 0.24% of Controladora Vuela Compañía de Aviación worth $2,081,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of VLRS. Stifel Financial Corp boosted its stake in shares of 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 acquiring an additional 3,135 shares in the last quarter. BNP Paribas Financial Markets increased its position 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 valued at $533,000 after buying an additional 51,580 shares in the last quarter. Centiva Capital LP purchased a new position in shares of Controladora Vuela Compañía de Aviación during the 3rd quarter valued at approximately $320,000. WCM Investment Management LLC increased its stake in shares of Controladora Vuela Compañía de Aviación by 13.3% during the fourth 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 acquired a new position in shares of Controladora Vuela Compañía de Aviación during the fourth quarter valued at approximately $112,000. 53.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on VLRS shares. StockNews.com cut Controladora Vuela Compañía de Aviación from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Itau BBA Securities started 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. JPMorgan Chase & Co. boosted their price objective on shares of Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the company an "overweight" rating in a report on Tuesday, November 12th. UBS Group increased their target price on shares of 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, Citigroup decreased 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 research note on Wednesday. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, Controladora Vuela Compañía de Aviación has a consensus rating of "Moderate Buy" and an average price target of $12.88.

Controladora Vuela Compañía de Aviación Stock Performance

VLRS traded down $0.06 on Thursday, reaching $6.34. The company had a trading volume of 338,313 shares, compared to its average volume of 619,222. The stock has a 50-day moving average price of $7.85 and a 200-day moving average price of $7.32. The stock has a market capitalization of $739.00 million, a PE ratio of 3.81 and a beta of 2.48. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. has a 1 year low of $5.15 and a 1 year 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.

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) last announced its earnings results on Monday, February 24th. The transportation company reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.55 by ($0.16). The firm 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%. As a group, research analysts forecast 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 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.