Renaissance Group LLC boosted its position in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) by 10.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,079,305 shares of the transportation company’s stock after acquiring an additional 99,834 shares during the quarter. Renaissance Group LLC owned 1.23% of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. worth $12,811,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd bought a new position in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. in the third quarter valued at approximately $154,000. Royal Bank of Canada boosted its position in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. by 62.8% in the second quarter. Royal Bank of Canada now owns 14,472 shares of the transportation company’s stock valued at $210,000 after buying an additional 5,580 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. in the first quarter valued at approximately $220,000. Adalta Capital Management LLC acquired a new stake in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. in the second quarter valued at approximately $251,000. Finally, Eqis Capital Management Inc. acquired a new stake in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. in the second quarter valued at approximately $253,000.

TRADEMARK VIOLATION NOTICE: This piece was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another website, it was copied illegally and reposted in violation of US and international copyright and trademark legislation. The legal version of this piece can be accessed at https://www.watchlistnews.com/controladora-vuela-compania-de-aviacion-s-a-b-de-c-v-vlrs-position-lifted-by-renaissance-group-llc/1719862.html.

Shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS) traded up $0.09 during trading hours on Wednesday, hitting $9.84. 589,400 shares of the stock were exchanged, compared to its average volume of 471,892. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. has a 52 week low of $9.31 and a 52 week high of $16.00.

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) last issued its quarterly earnings results on Wednesday, October 25th. The transportation company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.12. The company had revenue of $362.00 million for the quarter, compared to analyst estimates of $409.00 million. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. had a negative net margin of 1.07% and a negative return on equity of 2.76%. research analysts forecast that Controladora Vuela Compania de Aviacion, S.A.B. de C.V. will post -0.46 EPS for the current year.

A number of analysts have weighed in on VLRS shares. BidaskClub lowered shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “sell” rating to a “strong sell” rating in a research report on Saturday, September 2nd. Zacks Investment Research lowered shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “hold” rating to a “sell” rating in a research report on Thursday, October 19th. Finally, Barclays PLC set a $15.00 target price on shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. and gave the company a “buy” rating in a research report on Wednesday, October 11th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. currently has an average rating of “Hold” and an average price target of $15.92.

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. Profile

Controladora Vuela Compania de Aviacion SAB de CV is a Mexico-based company engaged in the airline passenger transportation sector. The Company operates as an ultra-low-cost carrier (ULCC). Its activities are divided into two geographical regions: Mexico (national operations), as well as the Unites States and Central America (international operations).

Institutional Ownership by Quarter for Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS)

Receive News & Ratings for Controladora Vuela Compania de Aviacion S.A.B. de C.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Controladora Vuela Compania de Aviacion S.A.B. de C.V. and related companies with Analyst Ratings Network's FREE daily email newsletter.