Discovery Capital Management Llc Decreased Controladora Vuela Cia De Av (VLRS) Stake By $15.70 Million; C&F Financial (CFFI) Shorts Lowered By 19.05%

May 18, 2018 - By Hazel Jackson

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Logo

Discovery Capital Management Llc decreased Controladora Vuela Cia De Av (NYSE:VLRS) stake by 57.68% reported in 2018Q1 SEC filing. Discovery Capital Management Llc sold 1.96 million shares as Controladora Vuela Cia De Av (NYSE:VLRS)’s stock 0.00%. The Discovery Capital Management Llc holds 1.44 million shares with $11.74M value, down from 3.40M last quarter. Controladora Vuela Cia De Av now has $567.21 million valuation. The stock decreased 0.99% or $0.0552 during the last trading session, reaching $5.4948. About 45,623 shares traded. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) has declined 39.60% since May 18, 2017 and is downtrending. It has underperformed by 51.15% the S&P500.

C&F Financial Corporation (NASDAQ:CFFI) had a decrease of 19.05% in short interest. CFFI’s SI was 13,600 shares in May as released by FINRA. Its down 19.05% from 16,800 shares previously. With 9,800 avg volume, 1 days are for C&F Financial Corporation (NASDAQ:CFFI)’s short sellers to cover CFFI’s short positions. The SI to C&F Financial Corporation’s float is 0.42%. The stock decreased 0.94% or $0.55 during the last trading session, reaching $58.2. About 1,036 shares traded. C&F Financial Corporation (NASDAQ:CFFI) has risen 15.22% since May 18, 2017 and is uptrending. It has outperformed by 3.67% the S&P500.

Among 9 analysts covering Controladora Vuela Companía de Aviacion S.A.B. de C.V. (NYSE:VLRS), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Controladora Vuela Companía de Aviacion S.A.B. de C.V. had 30 analyst reports since August 10, 2015 according to SRatingsIntel. UBS upgraded it to “Buy” rating and $12.5 target in Friday, February 16 report. The stock of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) earned “Hold” rating by Imperial Capital on Monday, April 23. The firm earned “Buy” rating on Monday, October 16 by Cowen & Co. The stock has “Overweight” rating by Barclays Capital on Thursday, October 13. On Tuesday, February 21 the stock rating was maintained by Cowen & Co with “Outperform”. The rating was upgraded by Citigroup to “Buy” on Tuesday, February 20. The stock of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) has “Buy” rating given on Monday, September 11 by Cowen & Co. The stock of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) earned “Buy” rating by Cowen & Co on Monday, January 8. The stock of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, April 19. The firm has “Hold” rating by Barclays Capital given on Monday, April 23.

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company has market cap of $567.21 million. As of December 31, 2016, the firm operated a fleet of 69 Airbus narrow-body aircraft, which include 15 Airbus A319s, 44 A320s, and 10 A321s. It currently has negative earnings. It operates approximately 302 daily flights on routes that connect 40 cities in Mexico and 22 cities in the United States and Central America.

In 1999 Rob Citrone founded the Conneticut based, Discovery Capital Management, now part of the Tiger Cub hedge funds. Before beginning his work at Discovery, Rob worked as a portfolio manager for Tiger Management and Fidelity Investments. Citrone’s firm specializes in valuation multiples, liquidity, and past and potential growth in picking stocks. They focus on services, financial sectors, technology, and basic materials. His educational background includes from Darden School of University of Virginia, a business degree. Since 1999 Discovery Capital has returned 17% annually. His Discover Global Opportunity Partners fund returned a whopping 27.5% in 2013. His worst year was when he lost 33% in 2008. One proud moment for Citrone was the day he signed to own a piece of the Pittsburgh Steelers. Discovery Capital Management Llc is a Connecticut-based hedge fund that was founded by Rob Citrone. It had more than $37.50 billion assets under management in March, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Discovery Capital Management latest Adv, the fund reported to have 76 full and part-time employees. Among which 40 performing investment advisory and research functions. The hedge fund had between 11-25 clients.

Another recent and important C&F Financial Corporation (NASDAQ:CFFI) news was published by Globenewswire.com which published an article titled: “C&F Financial Corporation Reauthorizes Share Repurchase Program” on April 18, 2018.

Investors sentiment increased to 4.71 in 2017 Q4. Its up 3.10, from 1.61 in 2017Q3. It is positive, as 2 investors sold C&F Financial Corporation shares while 5 reduced holdings. 8 funds opened positions while 25 raised stakes. 2.33 million shares or 123.42% more from 1.04 million shares in 2017Q3 were reported. Strs Ohio invested 0% in C&F Financial Corporation (NASDAQ:CFFI). Parallax Volatility Advisers Ltd Partnership stated it has 0% in C&F Financial Corporation (NASDAQ:CFFI). Bancorporation Of America De reported 0% of its portfolio in C&F Financial Corporation (NASDAQ:CFFI). Geode Capital Management Ltd Liability Corporation has 0% invested in C&F Financial Corporation (NASDAQ:CFFI). Federated Invsts Inc Pa invested in 0% or 128 shares. Seizert Cap Limited Liability Company holds 0.09% in C&F Financial Corporation (NASDAQ:CFFI) or 41,059 shares. State Street, a Massachusetts-based fund reported 46,589 shares. Legal General Gp Public Limited Liability has invested 0% in C&F Financial Corporation (NASDAQ:CFFI). Davenport & Limited Liability invested in 34,747 shares or 0.02% of the stock. Hightower Advisors Llc accumulated 7,272 shares. Suntrust Banks Inc, Georgia-based fund reported 30,093 shares. Huber Mngmt Ltd reported 24,377 shares. Intll Grp Incorporated reported 2,201 shares. Acadian Asset Mgmt Limited Liability Company invested 0% of its portfolio in C&F Financial Corporation (NASDAQ:CFFI). Hotchkis Wiley Management Limited Liability Corporation stated it has 0% in C&F Financial Corporation (NASDAQ:CFFI).

C&F Financial Corporation operates as a holding firm for Citizens and Farmers Bank that provides banking services to individuals and businesses. The company has market cap of $203.89 million. The firm operates through three divisions: Retail Banking, Mortgage Banking, and Consumer Finance. It has a 30.96 P/E ratio. The Retail Banking segment offers various banking services, such as checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.

Since January 15, 2018, it had 0 insider buys, and 3 insider sales for $218,988 activity. $102,433 worth of C&F Financial Corporation (NASDAQ:CFFI) was sold by CHERRY THOMAS F on Monday, January 15. Another trade for 240 shares valued at $14,064 was sold by McKernon Bryan Edwin. DILLON LARRY G sold $102,491 worth of C&F Financial Corporation (NASDAQ:CFFI) on Monday, January 15.

C&F Financial Corporation (NASDAQ:CFFI) Institutional Positions Chart

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