Gol Linhas Aereas Inteligentes SA (NYSE:GOL) Shares Sold by Capital International Sarl

Capital International Sarl reduced its holdings in shares of Gol Linhas Aereas Inteligentes SA (NYSE:GOL) by 28.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 151,204 shares of the transportation company’s stock after selling 59,100 shares during the quarter. Capital International Sarl’s holdings in Gol Linhas Aereas Inteligentes were worth $2,732,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in GOL. Tower Research Capital LLC TRC lifted its holdings in shares of Gol Linhas Aereas Inteligentes by 46.1% in the 3rd quarter. Tower Research Capital LLC TRC now owns 5,649 shares of the transportation company’s stock valued at $87,000 after purchasing an additional 1,782 shares during the last quarter. State Street Corp purchased a new stake in shares of Gol Linhas Aereas Inteligentes in the 3rd quarter valued at about $166,000. Wrapmanager Inc. purchased a new stake in shares of Gol Linhas Aereas Inteligentes in the 4th quarter valued at about $181,000. Advisor Group Inc. lifted its holdings in shares of Gol Linhas Aereas Inteligentes by 8.7% in the 4th quarter. Advisor Group Inc. now owns 10,425 shares of the transportation company’s stock valued at $188,000 after purchasing an additional 838 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in shares of Gol Linhas Aereas Inteligentes by 9.3% in the 4th quarter. Daiwa Securities Group Inc. now owns 10,600 shares of the transportation company’s stock valued at $192,000 after purchasing an additional 900 shares during the last quarter. 3.05% of the stock is owned by institutional investors and hedge funds.

GOL traded up $0.64 on Thursday, hitting $4.99. 2,989,022 shares of the company traded hands, compared to its average volume of 3,038,975. The company has a 50 day moving average of $10.72 and a 200-day moving average of $15.45. The stock has a market capitalization of $582.79 million, a PE ratio of -24.95 and a beta of 0.31. Gol Linhas Aereas Inteligentes SA has a 12-month low of $1.85 and a 12-month high of $23.30.

Gol Linhas Aereas Inteligentes (NYSE:GOL) last posted its quarterly earnings data on Thursday, February 20th. The transportation company reported $0.43 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.02). The company had revenue of $924.27 million for the quarter. Gol Linhas Aereas Inteligentes had a negative net margin of 0.96% and a negative return on equity of 10.35%. Equities analysts expect that Gol Linhas Aereas Inteligentes SA will post 1.35 EPS for the current fiscal year.

Several analysts have recently weighed in on the company. Deutsche Bank downgraded Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating and reduced their target price for the company from $23.00 to $5.00 in a report on Tuesday, March 17th. Evercore ISI reissued a “hold” rating and issued a $22.00 target price on shares of Gol Linhas Aereas Inteligentes in a report on Wednesday, December 11th. HSBC raised Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating in a report on Tuesday, February 25th. ValuEngine downgraded Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a report on Friday, March 13th. Finally, Buckingham Research reduced their target price on Gol Linhas Aereas Inteligentes from $24.00 to $21.00 and set a “buy” rating for the company in a report on Monday, February 24th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $15.97.

Gol Linhas Aereas Inteligentes Company Profile

GOL Linhas AĆ©reas Inteligentes SA provides air passenger transportation services in Brazil and rest of South America, the Caribbean, and the United States. The company operates through Flight Transportation and Smiles Loyalty Program segments. It also offers cargo transportation and logistics services.

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Institutional Ownership by Quarter for Gol Linhas Aereas Inteligentes (NYSE:GOL)

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