Deltec Asset Management LLC acquired a new position in Gol Linhas Aereas Inteligentes SA (NYSE:GOL) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 137,000 shares of the transportation company’s stock, valued at approximately $1,788,000.

Several other hedge funds have also bought and sold shares of GOL. Millennium Management LLC bought a new position in shares of Gol Linhas Aereas Inteligentes in the 4th quarter worth about $6,389,000. Dorsey Wright & Associates bought a new position in shares of Gol Linhas Aereas Inteligentes in the 1st quarter worth about $4,066,000. Virtu Financial LLC raised its position in shares of Gol Linhas Aereas Inteligentes by 138.8% in the 1st quarter. Virtu Financial LLC now owns 157,298 shares of the transportation company’s stock worth $2,053,000 after acquiring an additional 91,423 shares in the last quarter. Calamos Advisors LLC bought a new position in shares of Gol Linhas Aereas Inteligentes in the 1st quarter worth about $758,000. Finally, Barclays PLC raised its position in shares of Gol Linhas Aereas Inteligentes by 495,354.5% in the 4th quarter. Barclays PLC now owns 54,500 shares of the transportation company’s stock worth $738,000 after acquiring an additional 54,489 shares in the last quarter. 2.12% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE GOL traded down $0.31 during midday trading on Monday, reaching $11.83. The company’s stock had a trading volume of 16,057 shares, compared to its average volume of 1,763,992. Gol Linhas Aereas Inteligentes SA has a 12-month low of $4.43 and a 12-month high of $16.60. The company has a market capitalization of $2.12 billion, a PE ratio of -83.89 and a beta of -0.16.

Gol Linhas Aereas Inteligentes (NYSE:GOL) last posted its quarterly earnings results on Thursday, February 28th. The transportation company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.17. The company had revenue of $840.84 million during the quarter. Research analysts expect that Gol Linhas Aereas Inteligentes SA will post 0.55 earnings per share for the current fiscal year.

Several research firms have recently weighed in on GOL. Zacks Investment Research raised Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research report on Wednesday, March 13th. UBS Group downgraded Gol Linhas Aereas Inteligentes from a “neutral” rating to a “sell” rating in a research note on Thursday, January 17th. Finally, ValuEngine downgraded Gol Linhas Aereas Inteligentes from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 27th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $11.01.

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About Gol Linhas Aereas Inteligentes

GOL Linhas AĆ©reas Inteligentes SA provides air passenger transportation services in Brazil and rest of South America, the Caribbean, and the United States. The company operates through Flight Transportation and Smiles Loyalty Program segments. It also offers cargo transportation and logistics services.

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Institutional Ownership by Quarter for Gol Linhas Aereas Inteligentes (NYSE:GOL)

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