Stifel Financial Corp Acquires 3,135 Shares of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS)

Stifel Financial Corp increased its holdings in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) by 9.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,092 shares of the transportation company’s stock after acquiring an additional 3,135 shares during the quarter. Stifel Financial Corp’s holdings in Controladora Vuela Compañía de Aviación were worth $241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. American Century Companies Inc. lifted its holdings in shares of Controladora Vuela Compañía de Aviación by 2.7% during the second quarter. American Century Companies Inc. now owns 208,355 shares of the transportation company’s stock valued at $1,325,000 after purchasing an additional 5,461 shares during the last quarter. Insigneo Advisory Services LLC purchased a new position in Controladora Vuela Compañía de Aviación during the second quarter valued at $64,000. Squarepoint Ops LLC boosted its holdings in Controladora Vuela Compañía de Aviación by 207.3% in the second quarter. Squarepoint Ops LLC now owns 60,709 shares of the transportation company’s stock worth $386,000 after acquiring an additional 40,955 shares in the last quarter. AQR Capital Management LLC purchased a new stake in shares of Controladora Vuela Compañía de Aviación in the second quarter worth $408,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Controladora Vuela Compañía de Aviación during the second quarter valued at $1,338,000. 53.32% of the stock is owned by hedge funds and other institutional investors.

Controladora Vuela Compañía de Aviación Stock Down 1.7 %

VLRS opened at $7.63 on Monday. 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 $9.67. 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 50 day moving average price of $7.79 and a 200-day moving average price of $6.77. The stock has a market capitalization of $889.64 million, a price-to-earnings ratio of 4.60 and a beta of 2.42.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last issued its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.13. Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.50%. The firm had revenue of $813.00 million for the quarter, compared to analysts’ expectations of $795.89 million. During the same quarter in the prior year, the business earned ($0.33) EPS. Equities research analysts forecast that Controladora Vuela Compañía de Aviación, S.A.B. de C.V. will post 1.19 earnings per share for the current year.

Analysts Set New Price Targets

VLRS has been the topic of a number of analyst reports. TD Cowen upped their price target on shares of Controladora Vuela Compañía de Aviación from $10.00 to $13.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Barclays reiterated an “overweight” rating and issued a $12.00 target price on shares of Controladora Vuela Compañía de Aviación in a research note on Thursday, October 24th. Finally, JPMorgan Chase & Co. raised their price target on shares of Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the company an “overweight” rating in a research report on Tuesday, November 12th. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $12.85.

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.