State Street Corp Increases Stock Holdings in Corporación América Airports S.A. (NYSE:CAAP)

State Street Corp lifted its position in shares of Corporación América Airports S.A. (NYSE:CAAP) by 6.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 266,233 shares of the company’s stock after buying an additional 16,838 shares during the quarter. State Street Corp’s holdings in Corporación América Airports were worth $4,648,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in CAAP. Fourth Sail Capital LP raised its position in Corporación América Airports by 1,779.7% during the second quarter. Fourth Sail Capital LP now owns 1,314,525 shares of the company’s stock worth $21,874,000 after acquiring an additional 1,244,592 shares during the last quarter. Helikon Investments Ltd increased its stake in shares of Corporación América Airports by 10.1% during the 3rd quarter. Helikon Investments Ltd now owns 8,131,794 shares of the company’s stock worth $141,981,000 after purchasing an additional 746,084 shares in the last quarter. Citigroup Inc. raised its position in shares of Corporación América Airports by 0.6% during the 3rd quarter. Citigroup Inc. now owns 1,050,579 shares of the company’s stock worth $18,343,000 after purchasing an additional 6,600 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new position in shares of Corporación América Airports during the 2nd quarter worth approximately $839,000. Finally, Rhumbline Advisers purchased a new stake in Corporación América Airports in the 2nd quarter valued at approximately $98,000. 12.95% of the stock is currently owned by hedge funds and other institutional investors.

Corporación América Airports Stock Performance

Corporación América Airports stock opened at $18.89 on Monday. Corporación América Airports S.A. has a fifty-two week low of $13.74 and a fifty-two week high of $20.79. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 8.75 and a beta of 2.02. The stock has a fifty day moving average of $19.02 and a two-hundred day moving average of $17.46. 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 Profile

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.