Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Shares Acquired by American Trust

American Trust lifted its position in shares of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS – Get Rating) by 26.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 29,121 shares of the transportation company’s stock after acquiring an additional 6,094 shares during the quarter. American Trust’s holdings in Controladora Vuela Compañía de Aviación were worth $204,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in VLRS. Verition Fund Management LLC acquired a new stake in shares of Controladora Vuela Compañía de Aviación during the 2nd quarter valued at approximately $109,000. Cutler Group LLC CA acquired a new stake in Controladora Vuela Compañía de Aviación in the third quarter worth $118,000. Penserra Capital Management LLC increased its position in Controladora Vuela Compañía de Aviación by 26.9% in the third quarter. Penserra Capital Management LLC now owns 17,120 shares of the transportation company’s stock worth $119,000 after buying an additional 3,630 shares during the period. Coronation Fund Managers Ltd. acquired a new stake in Controladora Vuela Compañía de Aviación in the third quarter worth $143,000. Finally, Pasadena Private Wealth LLC increased its position in Controladora Vuela Compañía de Aviación by 125.0% in the third quarter. Pasadena Private Wealth LLC now owns 22,500 shares of the transportation company’s stock worth $157,000 after buying an additional 12,500 shares during the period. 46.97% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Controladora Vuela Compañía de Aviación in a research report on Thursday. They issued a “hold” rating on the stock. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $19.38.

Controladora Vuela Compañía de Aviación Trading Down 3.6 %

NYSE:VLRS opened at $10.35 on Friday. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. has a 1 year low of $6.86 and a 1 year high of $19.57. The stock has a market cap of $908.63 million, a price-to-earnings ratio of -34.50, a PEG ratio of 0.57 and a beta of 2.59. The business has a fifty day moving average of $11.18 and a 200-day moving average of $9.61. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.74 and a current ratio of 0.75.

Controladora Vuela Compañía de Aviación Profile

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Controladora Vuela Compañía de Aviación SAB de CV is a holding company, which engages in the provision of air transportation and related services. It also offers cargo services. The company was founded by Roberto Jose Kriete Avila and Carlos Mendoza Valencia on October 27, 2005 and is headquartered in Mexico City.