PEAK6 LLC bought a new position in shares of Corporación América Airports S.A. (NYSE:CAAP - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 14,919 shares of the company's stock, valued at approximately $278,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mariner LLC bought a new stake in shares of Corporación América Airports in the fourth quarter valued at $255,000. Raymond James Financial Inc. bought a new stake in Corporación América Airports during the fourth quarter valued at approximately $1,189,000. Wells Fargo & Company MN raised its position in Corporación América Airports by 25.6% during the fourth quarter. Wells Fargo & Company MN now owns 83,141 shares of the company's stock valued at $1,551,000 after purchasing an additional 16,941 shares in the last quarter. Stokes Family Office LLC raised its stake in shares of Corporación América Airports by 1.8% during the fourth quarter. Stokes Family Office LLC now owns 279,535 shares of the company's stock worth $5,216,000 after acquiring an additional 5,000 shares in the last quarter. Finally, Metis Global Partners LLC lifted its holdings in shares of Corporación América Airports by 14.8% in the 4th quarter. Metis Global Partners LLC now owns 16,024 shares of the company's stock worth $299,000 after acquiring an additional 2,066 shares during the last quarter. 12.95% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. assumed coverage on shares of Corporación América Airports in a report on Friday, March 14th. They set an "overweight" rating and a $22.50 target price on the stock.
View Our Latest Stock Report on Corporación América Airports
Corporación América Airports Trading Up 1.1 %
CAAP stock traded up $0.22 during trading on Friday, hitting $19.38. 68,487 shares of the company traded hands, compared to its average volume of 178,291. The company has a 50-day moving average of $18.16 and a 200-day moving average of $18.75. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 1.29. Corporación América Airports S.A. has a 1 year low of $13.97 and a 1 year high of $20.79. The firm has a market capitalization of $3.16 billion, a PE ratio of 8.97 and a beta of 1.58.
Corporación América Airports (NYSE:CAAP - Get Free Report) last released its quarterly earnings data on Wednesday, March 19th. The company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by ($0.12). Corporación América Airports had a net margin of 20.78% and a return on equity of 28.13%. The company had revenue of $461.10 million for the quarter, compared to analysts' expectations of $373.00 million. Analysts predict that Corporación América Airports S.A. will post 0.95 earnings per share for the current fiscal year.
Corporación América Airports Company Profile
(
Free Report)
Corporación América Airports SA, through its subsidiaries, acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly known as A.C.I. Airports International S.à r.l. and changed its name to Corporación América Airports SA in September 2017.
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