Helikon Investments Ltd increased its position in shares of Corporacion America Airports S.A. (NYSE:CAAP – Free Report) by 1.0% in the 4th quarter, HoldingsChannel reports. The fund owned 13,565,960 shares of the company’s stock after acquiring an additional 135,515 shares during the period. Corporacion America Airports makes up about 18.7% of Helikon Investments Ltd’s portfolio, making the stock its 3rd largest holding. Helikon Investments Ltd’s holdings in Corporacion America Airports were worth $352,715,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of CAAP. BNP Paribas Financial Markets grew its holdings in Corporacion America Airports by 673.3% in the third quarter. BNP Paribas Financial Markets now owns 494,703 shares of the company’s stock worth $8,964,000 after purchasing an additional 430,726 shares during the last quarter. Aberdeen Group plc boosted its position in shares of Corporacion America Airports by 5.2% in the 3rd quarter. Aberdeen Group plc now owns 443,608 shares of the company’s stock worth $8,167,000 after purchasing an additional 21,908 shares in the last quarter. LRT Capital Management LLC grew its stake in Corporacion America Airports by 67.2% during the 3rd quarter. LRT Capital Management LLC now owns 195,885 shares of the company’s stock worth $3,549,000 after buying an additional 78,699 shares during the last quarter. Millennium Management LLC grew its stake in Corporacion America Airports by 42.8% during the 3rd quarter. Millennium Management LLC now owns 185,082 shares of the company’s stock worth $3,354,000 after buying an additional 55,472 shares during the last quarter. Finally, Militia Capital Partners LP raised its stake in Corporacion America Airports by 3.3% in the second quarter. Militia Capital Partners LP now owns 163,293 shares of the company’s stock valued at $3,308,000 after buying an additional 5,250 shares during the last quarter. 12.95% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
CAAP has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their price target on Corporacion America Airports from $24.50 to $27.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. The Goldman Sachs Group increased their price objective on shares of Corporacion America Airports from $25.10 to $28.50 and gave the company a “neutral” rating in a research report on Thursday, January 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Corporacion America Airports in a research note on Friday, March 27th. Wall Street Zen downgraded shares of Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $31.00 price target on shares of Corporacion America Airports in a report on Wednesday, January 21st. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Corporacion America Airports presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.84.
Corporacion America Airports Stock Down 3.5%
Shares of CAAP stock opened at $23.82 on Friday. Corporacion America Airports S.A. has a fifty-two week low of $17.36 and a fifty-two week high of $30.50. The firm has a market capitalization of $3.94 billion, a PE ratio of 13.53, a P/E/G ratio of 0.61 and a beta of 0.68. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.33 and a current ratio of 1.35. The stock’s 50-day simple moving average is $25.38 and its 200-day simple moving average is $25.80.
Corporacion America Airports (NYSE:CAAP – Get Free Report) last released its earnings results on Wednesday, May 13th. The company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.04). The firm had revenue of $537.62 million for the quarter, compared to analyst estimates of $470.63 million. Corporacion America Airports had a return on equity of 18.23% and a net margin of 13.79%. Equities analysts expect that Corporacion America Airports S.A. will post 2.41 earnings per share for the current year.
About Corporacion America Airports
Corporación América Airports SA operates as a global airport infrastructure and services company, specializing in the development, acquisition and management of airport concessions. Headquartered in Buenos Aires, Argentina, the firm oversees long-term agreements that cover the planning, design, financing and ongoing operation of airport facilities. Its integrated approach aims to enhance operational efficiency and passenger experience through modernized terminals and streamlined processes.
The company’s core activities encompass passenger handling, cargo operations and ancillary services such as retail concessions, food and beverage outlets, ground handling, fueling and airport parking.
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