VA has been the subject of several other reports. Vetr downgraded shares of Virgin America from a strong-buy rating to a sell rating and set a $50.27 price target for the company. in a report on Tuesday, September 27th. Imperial Capital assumed coverage on shares of Virgin America in a report on Friday, September 23rd. They issued an in-line rating and a $57.00 price target for the company. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company. Virgin America has an average rating of Hold and a consensus price target of $41.75.
Virgin America (NASDAQ:VA) opened at 52.08 on Tuesday. The firm has a 50-day moving average price of $54.51 and a 200 day moving average price of $55.05. The stock has a market cap of $2.33 billion, a PE ratio of 7.30 and a beta of 1.63. Virgin America has a 52-week low of $26.30 and a 52-week high of $56.54.
Large investors have recently made changes to their positions in the stock. Panagora Asset Management Inc. raised its stake in Virgin America by 291.3% in the first quarter. Panagora Asset Management Inc. now owns 203,205 shares of the company’s stock valued at $7,836,000 after buying an additional 151,277 shares during the last quarter. Oasis Management Co Ltd. purchased a new position in shares of Virgin America during the first quarter valued at about $5,013,000. Kennedy Capital Management Inc. increased its position in shares of Virgin America by 171.2% in the first quarter. Kennedy Capital Management Inc. now owns 178,346 shares of the company’s stock valued at $6,877,000 after buying an additional 112,581 shares in the last quarter. Lazard Asset Management LLC increased its position in shares of Virgin America by 833.8% in the first quarter. Lazard Asset Management LLC now owns 44,400 shares of the company’s stock valued at $1,712,000 after buying an additional 39,645 shares in the last quarter. Finally, A.R.T. Advisors LLC purchased a new position in shares of Virgin America during the first quarter valued at about $989,000. 77.58% of the stock is currently owned by hedge funds and other institutional investors.
Virgin America Company Profile
Virgin America Inc is an airline that provides scheduled air travel in the United States and Mexico. The Company operates in air transportation service segment. The Company operates from Los Angeles and San Francisco with a presence at Dallas Love Field (DAL) to other destinations in North America. The Company provides service to over 20 airports in the United States and Mexico with a fleet of over 60 narrow-body aircraft.
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