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

Sei Investments Co. purchased a new stake in Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,601 shares of the transportation company’s stock, valued at approximately $79,000.

A number of other hedge funds also recently made changes to their positions in VLRS. Stifel Financial Corp boosted its position in Controladora Vuela Compañía de Aviación by 9.0% during the third quarter. Stifel Financial Corp now owns 38,092 shares of the transportation company’s stock valued at $241,000 after acquiring an additional 3,135 shares during the last quarter. R Squared Ltd acquired a new position in shares of Controladora Vuela Compañía de Aviación in the 4th quarter valued at about $68,000. MMA Asset Management LLC bought a new stake in shares of Controladora Vuela Compañía de Aviación during the 4th quarter valued at about $112,000. Virtu Financial LLC bought a new stake in shares of Controladora Vuela Compañía de Aviación during the 4th quarter valued at about $112,000. Finally, American Century Companies Inc. grew its stake in Controladora Vuela Compañía de Aviación by 7.0% during the fourth quarter. American Century Companies Inc. now owns 263,141 shares of the transportation company’s stock worth $1,958,000 after purchasing an additional 17,158 shares during the period. 53.32% of the stock is currently owned by institutional investors.

Controladora Vuela Compañía de Aviación Stock Down 0.7 %

Shares of NYSE VLRS opened at $4.67 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.70 and a quick ratio of 0.69. The company has a 50-day moving average price of $6.20 and a 200-day moving average price of $7.16. The stock has a market capitalization of $544.05 million, a P/E 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 $4.39 and a 1 year high of $9.57.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last issued its quarterly earnings data on Monday, February 24th. The transportation company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.16). The company had revenue of $835.00 million during the quarter, compared to analysts’ expectations of $709.48 million. Controladora Vuela Compañía de Aviación had a return on equity of 71.50% and a net margin of 5.99%. On average, equities research analysts forecast that Controladora Vuela Compañía de Aviación, S.A.B. de C.V. will post 1.21 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

VLRS has been the topic of a number of research analyst reports. UBS Group increased their price target on 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. Citigroup cut their target price on shares of Controladora Vuela Compañía de Aviación from $13.00 to $11.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. Itau BBA Securities initiated coverage on shares of Controladora Vuela Compañía de Aviación in a research note on Wednesday, February 12th. They issued an “outperform” rating and a $12.00 price target for the company. 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 equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Controladora Vuela Compañía de Aviación currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.88.

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.