10,601 Shares in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Acquired by Sei Investments Co.

Sei Investments Co. acquired 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 SEC. The institutional investor acquired 10,601 shares of the transportation company’s stock, valued at approximately $79,000.

Other large investors have also recently added to or reduced their stakes in the company. WCM Investment Management LLC increased its position in 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 acquiring an additional 291,252 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Controladora Vuela Compañía de Aviación in the fourth quarter valued at approximately $2,106,000. American Century Companies Inc. boosted its stake in shares of Controladora Vuela Compañía de Aviación by 7.0% in the fourth quarter. American Century Companies Inc. now owns 263,141 shares of the transportation company’s stock valued at $1,958,000 after buying an additional 17,158 shares during the period. Victory Capital Management Inc. grew its position in Controladora Vuela Compañía de Aviación by 146.0% during the fourth quarter. Victory Capital Management Inc. now owns 184,952 shares of the transportation company’s stock worth $1,376,000 after buying an additional 109,776 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in Controladora Vuela Compañía de Aviación by 157.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 84,252 shares of the transportation company’s stock worth $533,000 after acquiring an additional 51,580 shares during the period. Institutional investors own 53.32% of the company’s stock.

Wall Street Analyst Weigh In

VLRS has been the topic of several analyst reports. Itau BBA Securities assumed coverage on Controladora Vuela Compañía de Aviación in a report on Wednesday, February 12th. They set an “outperform” rating and a $12.00 target price on the stock. StockNews.com lowered shares of Controladora Vuela Compañía de Aviación from a “buy” rating to a “hold” rating in a report on Wednesday, February 26th. Citigroup cut their price target on shares of Controladora Vuela Compañía de Aviación from $13.00 to $11.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Finally, UBS Group lifted their price objective on shares of Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. One 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.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $12.88.

Controladora Vuela Compañía de Aviación Stock Down 0.7 %

Shares of VLRS opened at $4.67 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.69 and a current ratio of 0.70. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. has a 52 week low of $4.39 and a 52 week high of $9.57. The stock has a market capitalization of $544.05 million, a price-to-earnings ratio of 2.81 and a beta of 2.17. The stock has a fifty day moving average of $6.20 and a 200-day moving average of $7.16.

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 the consensus estimate of $0.55 by ($0.16). 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 $835.00 million during the quarter, compared to the consensus estimate of $709.48 million. As a group, sell-side 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.

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.