As Controladora Vuela Cia De Av (VLRS) Stock Price Were Volatile, Holder Discovery Capital Management Trimmed Stake by $531,664; Eagle Global Advisors Has Decreased Holding in Targa Res (TRGP) by $1.83 Million

May 6, 2018 - By Maria Brooks

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

Eagle Global Advisors Llc decreased its stake in Targa Res Corp (TRGP) by 1.75% based on its latest 2017Q4 regulatory filing with the SEC. Eagle Global Advisors Llc sold 38,222 shares as the company’s stock declined 3.67% with the market. The hedge fund held 2.15 million shares of the public utilities company at the end of 2017Q4, valued at $103.93M, down from 2.18 million at the end of the previous reported quarter. Eagle Global Advisors Llc who had been investing in Targa Res Corp for a number of months, seems to be less bullish one the $10.07 billion market cap company. The stock decreased 0.58% or $0.27 during the last trading session, reaching $46.03. About 1.68 million shares traded. Targa Resources Corp. (NYSE:TRGP) has declined 20.04% since May 6, 2017 and is downtrending. It has underperformed by 31.59% the S&P500.

Rob Citrone decreased its stake in Controladora Vuela Cia De Av (VLRS) by 1.92% based on its latest 2017Q4 regulatory filing with the SEC. Discovery Capital Management Llc sold 66,458 shares as the company’s stock 0.00% . The hedge fund run by Rob Citrone held 3.40 million shares of the transportation company at the end of 2017Q4, valued at $27.29 million, down from 3.47 million at the end of the previous reported quarter. Discovery Capital Management Llc who had been investing in Controladora Vuela Cia De Av for a number of months, seems to be less bullish one the $613.27 million market cap company. The stock decreased 1.85% or $0.11 during the last trading session, reaching $5.85. About 815,908 shares traded or 17.78% up from the average. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) has declined 39.60% since May 6, 2017 and is downtrending. It has underperformed by 51.15% the S&P500.

Eagle Global Advisors Llc, which manages about $3.60B and $3.20 billion US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 14,785 shares to 79,502 shares, valued at $14.03M in 2017Q4, according to the filing. It also increased its holding in Honeywell Intl Inc (NYSE:HON) by 2,454 shares in the quarter, for a total of 83,733 shares, and has risen its stake in Shell Midstream Partners L P.

Investors sentiment decreased to 1.05 in Q4 2017. Its down 0.19, from 1.24 in 2017Q3. It worsened, as 31 investors sold TRGP shares while 119 reduced holdings. 45 funds opened positions while 112 raised stakes. 193.64 million shares or 5.92% more from 182.82 million shares in 2017Q3 were reported. Us National Bank & Trust De accumulated 0% or 27,977 shares. Teacher Retirement System Of Texas holds 0.02% or 58,730 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems invested 1.04% in Targa Resources Corp. (NYSE:TRGP). Parallax Volatility Advisers Lp has 0% invested in Targa Resources Corp. (NYSE:TRGP). Public Employees Retirement System Of Ohio accumulated 92,396 shares. Penbrook Mgmt Ltd Liability Com holds 0.7% of its portfolio in Targa Resources Corp. (NYSE:TRGP) for 16,135 shares. Roanoke Asset Mngmt Corporation holds 0.16% or 7,052 shares in its portfolio. Raymond James Serv Advsr, Florida-based fund reported 151,017 shares. Cushing Asset Management LP reported 3.45 million shares. 120,539 are held by Great West Life Assurance Can. Raymond James And Associate holds 1.15 million shares or 0.1% of its portfolio. Gilman Hill Asset Mgmt Limited Co invested 2.19% in Targa Resources Corp. (NYSE:TRGP). Strs Ohio holds 10,998 shares. Boston Partners holds 0.08% or 1.46 million shares. First Republic Investment Mgmt owns 0.01% invested in Targa Resources Corp. (NYSE:TRGP) for 29,894 shares.

More news for Targa Resources Corp. (NYSE:TRGP) were recently published by: Globenewswire.com, which released: “Targa Resources Corp. Reports First Quarter 2018 Financial Results” on May 03, 2018. Globenewswire.com‘s article titled: “Targa Resources Corp. Announces Quarterly Dividends” and published on April 18, 2018 is yet another important article.

Among 19 analysts covering Targa Resources (NYSE:TRGP), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Targa Resources had 91 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Targa Resources Corp. (NYSE:TRGP) has “Mkt Perform” rating given on Monday, January 4 by Raymond James. As per Thursday, November 3, the company rating was maintained by RBC Capital Markets. UBS maintained it with “Neutral” rating and $58 target in Friday, March 2 report. Raymond James upgraded Targa Resources Corp. (NYSE:TRGP) on Thursday, January 12 to “Outperform” rating. On Thursday, November 2 the stock rating was upgraded by Citigroup to “Buy”. On Wednesday, March 23 the stock rating was initiated by Barclays Capital with “Equal-Weight”. The rating was maintained by Citigroup on Tuesday, February 6 with “Buy”. The stock of Targa Resources Corp. (NYSE:TRGP) earned “Buy” rating by Guggenheim on Monday, April 16. The company was upgraded on Friday, December 18 by Jefferies. Jefferies maintained Targa Resources Corp. (NYSE:TRGP) rating on Tuesday, March 22. Jefferies has “Buy” rating and $34 target.

Among 9 analysts covering Controladora Vuela Companía de Aviacion S.A.B. de C.V. (NYSE:VLRS), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Controladora Vuela Companía de Aviacion S.A.B. de C.V. had 29 analyst reports since August 10, 2015 according to SRatingsIntel. Morgan Stanley upgraded Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) rating on Tuesday, April 24. Morgan Stanley has “Buy” rating and $800 target. Citigroup upgraded the stock to “Buy” rating in Tuesday, February 20 report. The rating was upgraded by Barclays Capital to “Overweight” on Thursday, October 13. Imperial Capital initiated the shares of VLRS in report on Thursday, June 29 with “Outperform” rating. The firm earned “Outperform” rating on Friday, October 28 by Cowen & Co. Cowen & Co maintained Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) on Monday, September 11 with “Buy” rating. The rating was maintained by Cowen & Co with “Buy” on Monday, August 7. The rating was downgraded by Morgan Stanley on Tuesday, February 21 to “Equal-Weight”. The company was maintained on Monday, January 8 by Cowen & Co. As per Friday, February 23, the company rating was maintained by Cowen & Co.

Discovery Capital Management Llc, which manages about $37.50 billion and $3.23 billion US Long portfolio, upped its stake in Ypf Sociedad Anonima (NYSE:YPF) by 268,277 shares to 2.79 million shares, valued at $64.02 million in 2017Q4, according to the filing. It also increased its holding in Mbia Inc (NYSE:MBI) by 1.40 million shares in the quarter, for a total of 3.17 million shares, and has risen its stake in Eog Res Inc (NYSE:EOG).

Targa Resources Corp. (NYSE:TRGP) Institutional Positions Chart

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