EntryPoint Capital LLC Buys Shares of 20,818 Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS)

EntryPoint Capital LLC purchased a new position in shares of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 20,818 shares of the transportation company’s stock, valued at approximately $155,000.

Several other hedge funds have also made changes to their positions in the stock. R Squared Ltd acquired a new stake in Controladora Vuela Compañía de Aviación in the fourth quarter worth $68,000. Prudential Financial Inc. bought a new stake in Controladora Vuela Compañía de Aviación in the 4th quarter valued at about $79,000. Sei Investments Co. bought a new stake in Controladora Vuela Compañía de Aviación in the 4th quarter valued at about $79,000. MMA Asset Management LLC bought a new position in Controladora Vuela Compañía de Aviación in the 4th quarter worth about $112,000. Finally, Virtu Financial LLC bought a new position in Controladora Vuela Compañía de Aviación in the 4th quarter worth about $112,000. Institutional investors own 53.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on VLRS shares. Itau BBA Securities initiated coverage on Controladora Vuela Compañía de Aviación in a research report on Wednesday, February 12th. They set an “outperform” rating and a $12.00 price objective for the company. StockNews.com lowered Controladora Vuela Compañía de Aviación from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. UBS Group raised their price target on Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. Finally, Citigroup reduced their price objective on shares of Controladora Vuela Compañía de Aviación from $13.00 to $11.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Controladora Vuela Compañía de Aviación currently has a consensus rating of “Moderate Buy” and an average target price of $12.88.

Controladora Vuela Compañía de Aviación Stock Performance

NYSE:VLRS opened at $5.37 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 1.09. The company has a 50-day moving average of $7.08 and a 200-day moving average of $7.30. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. has a twelve month low of $5.15 and a twelve month high of $9.57. The firm has a market cap of $625.55 million, a price-to-earnings ratio of 3.23 and a beta of 2.48.

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

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.