Virtu Financial LLC Acquires Shares of 15,086 Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS)

Virtu Financial LLC bought a new stake in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,086 shares of the transportation company’s stock, valued at approximately $112,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stifel Financial Corp raised its holdings in shares of Controladora Vuela Compañía de Aviación by 9.0% in the third quarter. Stifel Financial Corp now owns 38,092 shares of the transportation company’s stock valued at $241,000 after buying an additional 3,135 shares during the last quarter. R Squared Ltd acquired a new position in Controladora Vuela Compañía de Aviación in the 4th quarter valued at about $68,000. MMA Asset Management LLC purchased a new stake in Controladora Vuela Compañía de Aviación during the 4th quarter valued at approximately $112,000. Aigen Investment Management LP lifted its position in Controladora Vuela Compañía de Aviación by 123.6% during the 4th quarter. Aigen Investment Management LP now owns 32,660 shares of the transportation company’s stock worth $243,000 after acquiring an additional 18,056 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in shares of Controladora Vuela Compañía de Aviación in the 3rd quarter valued at approximately $130,000. Hedge funds and other institutional investors own 53.32% of the company’s stock.

Analysts Set New Price Targets

VLRS has been the subject of several analyst reports. UBS Group upped their price target on 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. StockNews.com cut shares of Controladora Vuela Compañía de Aviación from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Itau BBA Securities began coverage on shares of Controladora Vuela Compañía de Aviación in a research note on Wednesday, February 12th. They set an “outperform” rating and a $12.00 price target on the stock. Finally, Citigroup reduced their price objective on shares of Controladora Vuela Compañía de Aviación from $13.00 to $11.00 and set a “buy” rating for the company in a research report on Wednesday, March 5th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $12.88.

Controladora Vuela Compañía de Aviación Price Performance

VLRS stock opened at $5.37 on Monday. The company has a market cap of $625.55 million, a price-to-earnings ratio of 3.23 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 firm has a 50 day moving average of $7.08 and a 200-day moving average of $7.30. 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) last posted its earnings results on Monday, February 24th. The transportation company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.16). The firm had revenue of $835.00 million for the quarter, compared to analysts’ expectations of $709.48 million. Controladora Vuela Compañía de Aviación had a return on equity of 71.50% and a net margin of 5.99%. As a group, equities analysts expect that Controladora Vuela Compañía de Aviación, S.A.B. de C.V. will post 1.21 EPS for the current fiscal year.

About Controladora Vuela Compañía de Aviación

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.