ANTIPODES PARTNERS Ltd Boosts Stock Holdings in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS)

ANTIPODES PARTNERS Ltd boosted its holdings in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS - Free Report) by 2,264.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 959,345 shares of the transportation company's stock after buying an additional 918,776 shares during the period. ANTIPODES PARTNERS Ltd owned approximately 1.09% of Controladora Vuela Compañía de Aviación worth $8,998,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Bank of America Corp DE boosted its position in shares of Controladora Vuela Compañía de Aviación by 32,831.9% during the fourth quarter. Bank of America Corp DE now owns 1,430,234 shares of the transportation company's stock worth $11,957,000 after purchasing an additional 1,425,891 shares in the last quarter. Fiera Capital Corp acquired a new stake in Controladora Vuela Compañía de Aviación in the 3rd quarter valued at $3,764,000. Moneda S.A. Administradora General de Fondos increased its stake in Controladora Vuela Compañía de Aviación by 74.9% in the 3rd quarter. Moneda S.A. Administradora General de Fondos now owns 1,036,657 shares of the transportation company's stock valued at $7,039,000 after buying an additional 444,082 shares during the last quarter. Ancient Art L.P. acquired a new stake in Controladora Vuela Compañía de Aviación in the 3rd quarter valued at $2,799,000. Finally, Jane Street Group LLC increased its stake in Controladora Vuela Compañía de Aviación by 1,031.6% in the 3rd quarter. Jane Street Group LLC now owns 426,356 shares of the transportation company's stock valued at $2,980,000 after buying an additional 388,679 shares during the last quarter. 53.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. StockNews.com upgraded shares of Controladora Vuela Compañía de Aviación from a "hold" rating to a "buy" rating in a research note on Wednesday, February 28th. TD Cowen lowered their price objective on shares of Controladora Vuela Compañía de Aviación from $16.00 to $11.00 and set an "outperform" rating on the stock in a research note on Thursday, February 29th. Finally, The Goldman Sachs Group reduced their target price on shares of Controladora Vuela Compañía de Aviación from $12.40 to $11.10 and set a "buy" rating for the company in a report on Friday, January 26th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of $14.22.

Controladora Vuela Compañía de Aviación Price Performance

Shares of Controladora Vuela Compañía de Aviación stock traded up $0.13 on Friday, reaching $7.86. 399,711 shares of the stock were exchanged, compared to its average volume of 458,180. The firm's 50 day moving average is $7.45 and its 200-day moving average is $7.56. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. has a one year low of $5.52 and a one year high of $15.05. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.76 and a current ratio of 0.77. The firm has a market cap of $690.03 million, a PE ratio of 112.30 and a beta of 2.55.

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) last issued its quarterly earnings results on Monday, February 26th. The transportation company reported $0.38 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.02. Controladora Vuela Compañía de Aviación had a net margin of 0.25% and a return on equity of 4.51%. The company had revenue of $899.00 million during the quarter, compared to the consensus estimate of $882.80 million. During the same quarter in the prior year, the firm posted $0.24 EPS. As a group, analysts anticipate that Controladora Vuela Compañía de Aviación, S.A.B. de C.V. will post 0.19 EPS for the current fiscal year.

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.