3,550 Shares in Controladora Vuela Co Avcn SA CV (VLRS) Purchased by Nkcfo LLC

Nkcfo LLC acquired a new stake in shares of Controladora Vuela Co Avcn SA CV (NYSE:VLRS) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,550 shares of the transportation company’s stock, valued at approximately $30,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of VLRS. Frontier Capital Management Co. LLC increased its stake in shares of Controladora Vuela Co Avcn SA CV by 12.7% during the 4th quarter. Frontier Capital Management Co. LLC now owns 4,098,686 shares of the transportation company’s stock valued at $21,928,000 after acquiring an additional 461,966 shares during the last quarter. Harris Associates L P increased its stake in shares of Controladora Vuela Co Avcn SA CV by 6.0% during the 4th quarter. Harris Associates L P now owns 7,195,950 shares of the transportation company’s stock valued at $38,498,000 after acquiring an additional 409,700 shares during the last quarter. INCA Investments LLC increased its stake in shares of Controladora Vuela Co Avcn SA CV by 3.3% during the 4th quarter. INCA Investments LLC now owns 9,606,087 shares of the transportation company’s stock valued at $51,393,000 after acquiring an additional 305,087 shares during the last quarter. VR Advisory Services Ltd increased its stake in shares of Controladora Vuela Co Avcn SA CV by 128.0% during the 4th quarter. VR Advisory Services Ltd now owns 298,670 shares of the transportation company’s stock valued at $1,598,000 after acquiring an additional 167,702 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Controladora Vuela Co Avcn SA CV by 27.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 776,119 shares of the transportation company’s stock valued at $5,796,000 after acquiring an additional 167,065 shares during the last quarter.

Shares of NYSE:VLRS traded up $0.07 during trading on Thursday, reaching $8.89. 203,333 shares of the stock were exchanged, compared to its average volume of 288,360. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.97 and a current ratio of 1.00. Controladora Vuela Co Avcn SA CV has a 12-month low of $4.87 and a 12-month high of $9.28. The stock has a market capitalization of $888.45 million, a P/E ratio of -25.40 and a beta of 1.22.

Controladora Vuela Co Avcn SA CV (NYSE:VLRS) last issued its earnings results on Friday, February 22nd. The transportation company reported $0.26 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.17. Controladora Vuela Co Avcn SA CV had a negative return on equity of 8.22% and a negative net margin of 2.74%. The business had revenue of $402.00 million during the quarter, compared to analysts’ expectations of $353.00 million. Analysts predict that Controladora Vuela Co Avcn SA CV will post 0.43 earnings per share for the current year.

A number of research analysts have recently commented on the stock. ValuEngine downgraded shares of Controladora Vuela Co Avcn SA CV from a “buy” rating to a “hold” rating in a research note on Tuesday, March 26th. HSBC raised shares of Controladora Vuela Co Avcn SA CV from a “hold” rating to a “buy” rating in a research note on Wednesday, April 3rd. Imperial Capital raised shares of Controladora Vuela Co Avcn SA CV from an “underperform” rating to an “outperform” rating and upped their price objective for the company from $4.50 to $11.50 in a research note on Tuesday, February 26th. Zacks Investment Research downgraded shares of Controladora Vuela Co Avcn SA CV from a “hold” rating to a “strong sell” rating in a research note on Saturday, January 12th. Finally, Deutsche Bank upgraded Controladora Vuela Co Avcn SA CV from a “hold” rating to a “buy” rating in a report on Monday, February 25th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $8.54.

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About Controladora Vuela Co Avcn SA CV

Controladora Vuela Compañía de Aviación, SAB. de C.V. provides air transportation services for passengers, cargo, and mail in Mexico and internationally. As of December 31, 2017, the company operated a fleet of 71 Airbus narrow-body aircraft, which include 12 Airbus A319s, 44 A320s, and 10 A321s. It operates approximately 319 daily flight segments on routes that connect 40 cities in Mexico and 27 cities in the United States and Central America.

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Institutional Ownership by Quarter for Controladora Vuela Co Avcn SA CV (NYSE:VLRS)

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