Moneda S.A. Administradora General de Fondos Has $10.82 Million Stock Position in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS)

Moneda S.A. Administradora General de Fondos grew its holdings in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS - Free Report) by 11.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,152,956 shares of the transportation company's stock after purchasing an additional 116,299 shares during the quarter. Controladora Vuela Compañía de Aviación comprises about 4.9% of Moneda S.A. Administradora General de Fondos' investment portfolio, making the stock its 6th largest position. Moneda S.A. Administradora General de Fondos owned 1.31% of Controladora Vuela Compañía de Aviación worth $10,815,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Natixis bought a new position in Controladora Vuela Compañía de Aviación in the fourth quarter valued at about $40,000. Tower Research Capital LLC TRC boosted its holdings in Controladora Vuela Compañía de Aviación by 85.5% in the second quarter. Tower Research Capital LLC TRC now owns 3,098 shares of the transportation company's stock valued at $43,000 after acquiring an additional 1,428 shares during the last quarter. Aigen Investment Management LP bought a new position in Controladora Vuela Compañía de Aviación in the third quarter valued at about $83,000. Citigroup Inc. bought a new position in Controladora Vuela Compañía de Aviación in the first quarter valued at about $95,000. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in Controladora Vuela Compañía de Aviación by 14.2% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 14,174 shares of the transportation company's stock valued at $96,000 after acquiring an additional 1,759 shares during the last quarter. Institutional investors and hedge funds own 53.32% of the company's stock.

Analyst Upgrades and Downgrades

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

Controladora Vuela Compañía de Aviación Trading Down 0.6 %

VLRS traded down $0.05 during midday trading on Friday, reaching $7.80. 485,330 shares of the company were exchanged, compared to its average volume of 456,086. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.76 and a current ratio of 0.77. 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 stock has a market capitalization of $684.73 million, a P/E ratio of 111.43 and a beta of 2.55. The stock's 50-day simple moving average is $7.39 and its 200 day simple moving average is $7.56.

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