Telemetry Investments L.l.c. adds Virgin America Inc (VA) to its portfolio

Virgin America Inc (VA) : Telemetry Investments L.l.c. added new position in Virgin America Inc during the most recent quarter end. The investment management firm now holds 59,445 shares of Virgin America Inc which is valued at $3,325,948 , the company said in a statement filed on Aug 15, 2016 with the SEC.Virgin America Inc makes up approximately 5.81% of Telemetry Investments L.l.c.’s portfolio.

Other Hedge Funds, Including , Ontario Teachers Pension Plan Board added VA to its portfolio by purchasing 64,900 company shares during the most recent quarter which is valued at $3,631,155. Virgin America Inc makes up approx 0.04% of Ontario Teachers Pension Plan Board’s portfolio. Oppenheimerfunds added VA to its portfolio by purchasing 13,504 company shares during the most recent quarter which is valued at $755,549. Blume Capital Management sold out all of its stake in VA during the most recent quarter. The investment firm sold 150 shares of VA which is valued $8,394. Palisade Capital Managementnj sold out all of its stake in VA during the most recent quarter. The investment firm sold 30,750 shares of VA which is valued $1,725,690.

Virgin America Inc opened for trading at $55.6 and hit $55.74 on the upside on Thursday, eventually ending the session at $55.72, with a gain of 0.05% or 0.03 points. The heightened volatility saw the trading volume jump to 4,28,522 shares. Company has a market cap of $2,489 M.

On the company’s financial health, Virgin America Inc reported $0.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.36. The company had revenue of $364.00 million for the quarter, compared to analysts expectations of $361.40 million. The company’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.

Virgin America Inc. is an airline that provides scheduled air travel in the United States and Mexico. The Company operates from Los Angeles and San Francisco with a presence at Dallas Love Field (DAL) to other destinations in North America. It provides service to approximately 21 airports in the United States and Mexico with a fleet of 53 narrow-body aircraft. It offers three levels of service: First Class Main Cabin Select and Main Cabin. First Class level of service includes eight-seat cabin with an inflight teammate to provide service 165 degree reclining leather seat with massage functions and 55 inches of pitch between rows among others. Main Cabin Select includes 38 inches of pitch for leg room individual Red inflight entertainment system at every seatback and one free checked bag among others. Main Cabin includes 32 or 33 inches of pitch individual Red inflight entertainment system at every seatback and complimentary live television among others.

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