Gol Linhas Aereas Inteligentes SA (GOL) Stake Increased by Jane Street Group LLC

Jane Street Group LLC grew its stake in shares of Gol Linhas Aereas Inteligentes SA (NYSE:GOL) by 7.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,594 shares of the transportation company’s stock after purchasing an additional 779 shares during the quarter. Jane Street Group LLC’s holdings in Gol Linhas Aereas Inteligentes were worth $150,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Citadel Advisors LLC boosted its stake in Gol Linhas Aereas Inteligentes by 205.4% in the third quarter. Citadel Advisors LLC now owns 45,919 shares of the transportation company’s stock valued at $251,000 after acquiring an additional 30,883 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Gol Linhas Aereas Inteligentes in the fourth quarter valued at approximately $893,000. Van ECK Associates Corp raised its position in shares of Gol Linhas Aereas Inteligentes by 0.9% in the fourth quarter. Van ECK Associates Corp now owns 129,362 shares of the transportation company’s stock valued at $1,753,000 after purchasing an additional 1,121 shares during the period. Townsquare Capital LLC bought a new stake in shares of Gol Linhas Aereas Inteligentes in the fourth quarter valued at approximately $292,000. Finally, Dimensional Fund Advisors LP raised its position in shares of Gol Linhas Aereas Inteligentes by 0.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 762,247 shares of the transportation company’s stock valued at $10,314,000 after purchasing an additional 2,589 shares during the period. 2.12% of the stock is owned by hedge funds and other institutional investors.

NYSE GOL opened at $12.14 on Friday. Gol Linhas Aereas Inteligentes SA has a 12-month low of $4.43 and a 12-month high of $16.60.

Gol Linhas Aereas Inteligentes (NYSE:GOL) last posted its quarterly earnings results on Thursday, February 28th. The transportation company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.17. The business had revenue of $840.84 million during the quarter. On average, equities research analysts expect that Gol Linhas Aereas Inteligentes SA will post 0.55 EPS for the current year.

Several research firms have recently issued reports on GOL. Zacks Investment Research raised shares of Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research report on Wednesday, March 13th. UBS Group lowered shares of Gol Linhas Aereas Inteligentes from a “neutral” rating to a “sell” rating in a research report on Thursday, January 17th. Finally, ValuEngine lowered shares of Gol Linhas Aereas Inteligentes from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 27th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $11.01.

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Gol Linhas Aereas Inteligentes Profile

GOL Linhas Aéreas 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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