Hodges Capital Management Inc. Trims Holdings in Controladora Vuela Co Avcn SA CV (VLRS)

Hodges Capital Management Inc. trimmed its position in shares of Controladora Vuela Co Avcn SA CV (NYSE:VLRS) by 26.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,738,263 shares of the transportation company’s stock after selling 629,062 shares during the quarter. Controladora Vuela Co Avcn SA CV comprises 1.0% of Hodges Capital Management Inc.’s holdings, making the stock its 28th biggest holding. Hodges Capital Management Inc.’s holdings in Controladora Vuela Co Avcn SA CV were worth $13,941,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. INCA Investments LLC grew its holdings in Controladora Vuela Co Avcn SA CV by 22.3% during the third quarter. INCA Investments LLC now owns 6,059,265 shares of the transportation company’s stock valued at $71,923,000 after purchasing an additional 1,103,414 shares during the period. Frontier Capital Management Co. LLC boosted its holdings in shares of Controladora Vuela Co Avcn SA CV by 41.0% in the fourth quarter. Frontier Capital Management Co. LLC now owns 3,683,072 shares of the transportation company’s stock worth $29,538,000 after acquiring an additional 1,071,579 shares during the period. Renaissance Group LLC boosted its holdings in shares of Controladora Vuela Co Avcn SA CV by 10.2% in the third quarter. Renaissance Group LLC now owns 1,079,305 shares of the transportation company’s stock worth $12,811,000 after acquiring an additional 99,834 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Controladora Vuela Co Avcn SA CV by 9.8% in the third quarter. Wells Fargo & Company MN now owns 664,517 shares of the transportation company’s stock worth $7,887,000 after acquiring an additional 59,229 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Controladora Vuela Co Avcn SA CV by 1.6% in the second quarter. Dimensional Fund Advisors LP now owns 611,449 shares of the transportation company’s stock worth $8,896,000 after acquiring an additional 9,850 shares during the period.

Shares of Controladora Vuela Co Avcn SA CV (NYSE VLRS) opened at $8.14 on Thursday. Controladora Vuela Co Avcn SA CV has a 12-month low of $7.71 and a 12-month high of $16.00.

A number of equities analysts have recently commented on VLRS shares. Zacks Investment Research reaffirmed a “sell” rating on shares of Controladora Vuela Co Avcn SA CV in a report on Saturday, January 6th. Cowen reaffirmed a “buy” rating and issued a $11.00 price target on shares of Controladora Vuela Co Avcn SA CV in a report on Tuesday, January 9th. Santander lowered Controladora Vuela Co Avcn SA CV from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Imperial Capital reaffirmed an “outperform” rating and issued a $12.00 price target (down from $16.00) on shares of Controladora Vuela Co Avcn SA CV in a report on Wednesday, January 17th. Finally, Barclays set a $15.00 price target on Controladora Vuela Co Avcn SA CV and gave the stock a “buy” rating in a report on Wednesday, October 11th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $13.92.

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Controladora Vuela Co Avcn SA CV 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).

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Institutional Ownership by Quarter for Controladora Vuela Co Avcn SA CV (NYSE:VLRS)

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