Russell Investments Group Ltd. Raises Holdings in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS)

Russell Investments Group Ltd. boosted its stake in Controladora Vuela Compañía de Aviación, S.A.

B. de C.V.

( NYSE:VLRS – Free Report ) by 378.1% during the fourth quarter, Holdings Channel.com reports.

The firm owned 62,062 shares of the transportation company’s stock after buying an additional 49,080 shares during the period. Russell Investments Group Ltd.’s holdings in Controladora Vuela Compañía de Aviación were worth $461,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. R Squared Ltd purchased a new position in Controladora Vuela Compañía de Aviación during the 4th quarter valued at about $68,000. Prudential Financial Inc.

purchased a new stake in Controladora Vuela Compañía de Aviación in the fourth quarter worth $79,000. Sei Investments Co. purchased a new position in Controladora Vuela Compañía de Aviación during the 4th quarter valued at $79,000.

MMA Asset Management LLC purchased a new stake in shares of Controladora Vuela Compañía de Aviación in the 4th quarter worth about $112,000. Finally, Virtu Financial LLC bought a new stake in shares of Controladora Vuela Compañía de Aviación during the 4th quarter valued at about $112,000. Institutional investors own 53.

32% of the company’s stock. Wall Street Analysts Forecast Growth VLRS has been the subject of several research analyst reports. UBS Group raised their price objective on shares of Controladora Vuela Compañía de Aviación from $10.

00 to $14.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Itau BBA Securities started coverage on Controladora Vuela Compañía de Aviación in a research note on Wednesday, February 12th.

They issued an “outperform” rating and a $12.00 price target on the stock. Citigroup lowered their price objective on Controladora Vuela Compañía de Aviación from $13.

00 to $11.00 and set a “buy” rating for the company in a research report on Wednesday, March 5th. JPMorgan Chase & Co.

reduced their target price on shares of Controladora Vuela Compañía de Aviación from $15.00 to $13.00 and set an “overweight” rating on the stock in a research report on Monday.

Finally, StockNews.com cut shares of Controladora Vuela Compañía de Aviación from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock.

According to data from MarketBeat, Controladora Vuela Compañía de Aviación currently has an average rating of “Moderate Buy” and a consensus target price of $12.43. Controladora Vuela Compañía de Aviación Price Performance NYSE VLRS opened at $4.

66 on Thursday. The business’s fifty day moving average price is $5.66 and its 200-day moving average price is $7.

05. The stock has a market capitalization of $543.35 million, a price-to-earnings ratio of 2.

81 and a beta of 2.17. Controladora Vuela Compañía de Aviación, S.

A.B. de C.

V. has a 1-year low of $4.32 and a 1-year high of $9.

19. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.

70 and a quick ratio of 0.69. Controladora Vuela Compañía de Aviación ( NYSE:VLRS – Get Free Report ) last issued its quarterly earnings data on Monday, February 24th.

The transportation company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.

16). The business had revenue of $835.00 million for the quarter, compared to the consensus estimate of $709.

48 million. Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.

50%. On average, equities analysts predict that Controladora Vuela Compañía de Aviación, S.A.

B. de C.V.

will post 1.21 earnings per share for the current year. 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. See Also Want to see what other hedge funds are holding VLRS? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for Controladora Vuela Compañía de Aviación, S.A.B.

de C.V. ( NYSE:VLRS – Free Report ).

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