Parametric Portfolio Associates LLC lifted its holdings in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) by 2.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 29,994 shares of the transportation company’s stock after buying an additional 789 shares during the quarter. Parametric Portfolio Associates LLC’s holdings in Controladora Vuela Compania de Aviacion were worth $436,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. INCA Investments LLC purchased a new stake in shares of Controladora Vuela Compania de Aviacion in the second quarter worth approximately $72,108,000. Frontier Capital Management Co. LLC grew its stake in Controladora Vuela Compania de Aviacion by 0.6% in the second quarter. Frontier Capital Management Co. LLC now owns 2,643,372 shares of the transportation company’s stock worth $38,461,000 after purchasing an additional 16,107 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Controladora Vuela Compania de Aviacion by 31.3% in the second quarter. Ameriprise Financial Inc. now owns 1,411,879 shares of the transportation company’s stock worth $20,541,000 after purchasing an additional 336,399 shares in the last quarter. Renaissance Group LLC grew its stake in Controladora Vuela Compania de Aviacion by 8.5% in the second quarter. Renaissance Group LLC now owns 979,471 shares of the transportation company’s stock worth $14,251,000 after purchasing an additional 76,949 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Controladora Vuela Compania de Aviacion by 10.6% in the second quarter. Bank of New York Mellon Corp now owns 917,790 shares of the transportation company’s stock worth $13,354,000 after purchasing an additional 87,977 shares in the last quarter.

VLRS has been the topic of several recent research reports. BidaskClub cut Controladora Vuela Compania de Aviacion from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Zacks Investment Research cut Controladora Vuela Compania de Aviacion from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 21st. Finally, Barclays PLC set a $15.00 target price on Controladora Vuela Compania de Aviacion and gave the company a “buy” rating in a research report on Wednesday, October 11th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $15.92.

Shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS) traded down $0.13 on Friday, hitting $9.73. The stock had a trading volume of 142,834 shares, compared to its average volume of 424,263. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. has a 12-month low of $9.31 and a 12-month high of $16.00.

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

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Controladora Vuela Compania de Aviacion Company 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 (NYSE:VLRS)

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