Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Shares Purchased by Penserra Capital Management LLC

Posted by on Feb 28th, 2023

Penserra Capital Management LLC grew its holdings in shares of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS – Get Rating) by 26.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,120 shares of the transportation company’s stock after purchasing an additional 3,630 shares during the period. Penserra Capital Management LLC’s holdings in Controladora Vuela Compañía de Aviación were worth $119,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VLRS. Renaissance Group LLC boosted its stake in Controladora Vuela Compañía de Aviación by 78.9% during the third quarter. Renaissance Group LLC now owns 148,278 shares of the transportation company’s stock valued at $1,036,000 after buying an additional 65,417 shares in the last quarter. Moneda S.A. Administradora General de Fondos bought a new position in Controladora Vuela Compañía de Aviación during the third quarter valued at about $1,137,000. WCM Investment Management LLC boosted its stake in Controladora Vuela Compañía de Aviación by 7.3% during the second quarter. WCM Investment Management LLC now owns 1,825,858 shares of the transportation company’s stock valued at $19,683,000 after buying an additional 123,521 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in Controladora Vuela Compañía de Aviación during the second quarter valued at about $176,000. Finally, CenterBook Partners LP boosted its stake in Controladora Vuela Compañía de Aviación by 67.2% during the third quarter. CenterBook Partners LP now owns 173,069 shares of the transportation company’s stock valued at $1,210,000 after buying an additional 69,587 shares in the last quarter. 46.97% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com raised Controladora Vuela Compañía de Aviación from a “hold” rating to a “buy” rating in a research note on Saturday, December 3rd. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Controladora Vuela Compañía de Aviación presently has a consensus rating of “Buy” and a consensus price target of $19.38.

Controladora Vuela Compañía de Aviación Trading Up 2.3 %

NYSE:VLRS opened at $11.78 on Tuesday. The company has a current ratio of 0.75, a quick ratio of 0.74 and a debt-to-equity ratio of 0.58. 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 $20.39. The stock has a fifty day simple moving average of $10.36 and a 200 day simple moving average of $9.49.

Controladora Vuela Compañía de Aviación Profile

(Get Rating)

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.

Featured Stories

Want to see what other hedge funds are holding VLRS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS – Get Rating).

Institutional Ownership by Quarter for Controladora Vuela Compañía de Aviación (NYSE:VLRS)

Receive News & Ratings for Controladora Vuela Compañía de Aviación Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Controladora Vuela Compañía de Aviación and related companies with MarketBeat.com's FREE daily email newsletter.