Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its holdings in shares of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRSFree Report) by 74.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,750 shares of the transportation company’s stock after buying an additional 18,247 shares during the quarter. BNP Paribas Financial Markets’ holdings in Controladora Vuela Compañía de Aviación were worth $401,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in VLRS. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Controladora Vuela Compañía de Aviación in the fourth quarter valued at about $43,000. Aigen Investment Management LP acquired a new stake in Controladora Vuela Compañía de Aviación during the 3rd quarter valued at approximately $83,000. Vanguard Personalized Indexing Management LLC grew its stake in Controladora Vuela Compañía de Aviación by 14.2% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 14,174 shares of the transportation company’s stock valued at $96,000 after purchasing an additional 1,759 shares in the last quarter. American Trust grew its position in shares of Controladora Vuela Compañía de Aviación by 7.8% in the 3rd quarter. American Trust now owns 25,365 shares of the transportation company’s stock worth $172,000 after acquiring an additional 1,837 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new stake in shares of Controladora Vuela Compañía de Aviación in the 3rd quarter valued at approximately $214,000. 53.32% of the stock is currently owned by hedge funds and other institutional investors.

Controladora Vuela Compañía de Aviación Price Performance

Shares of VLRS opened at $7.23 on Tuesday. The company has a market cap of $634.28 million, a P/E ratio of 7.45 and a beta of 2.50. The stock has a fifty day moving average price of $8.02 and a 200 day moving average price of $7.99. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.73 and a quick ratio of 0.72. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. has a 12 month low of $5.52 and a 12 month high of $15.05.

Controladora Vuela Compañía de Aviación (NYSE:VLRSGet Free Report) last announced its quarterly earnings results on Monday, April 22nd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.42. Controladora Vuela Compañía de Aviación had a return on equity of 54.46% and a net margin of 3.40%. The company had revenue of $768.00 million during the quarter, compared to analyst estimates of $685.84 million. On average, research analysts forecast that Controladora Vuela Compañía de Aviación, S.A.B. de C.V. will post 0.69 earnings per share for the current year.

Wall Street Analysts Forecast Growth

VLRS has been the subject of a number of research analyst reports. Barclays boosted their price target on Controladora Vuela Compañía de Aviación from $9.00 to $12.00 and gave the company an “overweight” rating in a report on Wednesday, April 24th. Morgan Stanley initiated coverage on Controladora Vuela Compañía de Aviación in a report on Friday, May 24th. They issued an “overweight” rating and a $12.00 price target for the company. StockNews.com upgraded Controladora Vuela Compañía de Aviación from a “hold” rating to a “buy” rating in a report on Wednesday, February 28th. Deutsche Bank Aktiengesellschaft boosted their price target on Controladora Vuela Compañía de Aviación from $11.00 to $12.00 and gave the company a “buy” rating in a report on Tuesday, April 23rd. Finally, JPMorgan Chase & Co. upped their price objective on Controladora Vuela Compañía de Aviación from $17.50 to $18.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 21st. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $13.01.

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Controladora Vuela Compañía de Aviación Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Controladora Vuela Compañía de Aviación (NYSE:VLRS)

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