Dynamic Technology Lab Private Ltd Invests $625,000 in Corporacion America Airports S.A. $CAAP

Dynamic Technology Lab Private Ltd acquired a new stake in Corporacion America Airports S.A. (NYSE:CAAP) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 34,480 shares of the company’s stock, valued at approximately $625,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CAAP. Rhumbline Advisers grew its holdings in Corporacion America Airports by 10.0% during the 3rd quarter. Rhumbline Advisers now owns 6,600 shares of the company’s stock worth $120,000 after acquiring an additional 600 shares during the period. Inceptionr LLC acquired a new position in shares of Corporacion America Airports in the 2nd quarter valued at $215,000. Sage Investment Counsel LLC lifted its stake in shares of Corporacion America Airports by 21.6% in the 3rd quarter. Sage Investment Counsel LLC now owns 12,400 shares of the company’s stock valued at $225,000 after purchasing an additional 2,200 shares during the period. Quantbot Technologies LP boosted its position in shares of Corporacion America Airports by 1,074.1% in the 3rd quarter. Quantbot Technologies LP now owns 14,559 shares of the company’s stock worth $264,000 after purchasing an additional 13,319 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Corporacion America Airports in the 2nd quarter worth $295,000. 12.95% of the stock is owned by institutional investors.

Corporacion America Airports Trading Up 0.9%

CAAP opened at $25.75 on Wednesday. Corporacion America Airports S.A. has a 12 month low of $15.01 and a 12 month high of $30.50. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.51 and a current ratio of 1.53. The company has a fifty day simple moving average of $27.75 and a 200 day simple moving average of $23.79.

Corporacion America Airports (NYSE:CAAP) last posted its earnings results on Friday, March 6th. The company reported $404.99 earnings per share for the quarter. Corporacion America Airports had a return on equity of 11.64% and a net margin of 9.39%. On average, analysts predict that Corporacion America Airports S.A. will post 0.95 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on CAAP. Wall Street Zen upgraded Corporacion America Airports from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. JPMorgan Chase & Co. boosted their target price on Corporacion America Airports from $24.50 to $27.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Zacks Research cut Corporacion America Airports from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Jefferies Financial Group reiterated a “buy” rating and issued a $31.00 price target on shares of Corporacion America Airports in a research report on Wednesday, January 21st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Corporacion America Airports in a research note on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Corporacion America Airports has an average rating of “Moderate Buy” and a consensus price target of $26.60.

Corporacion America Airports Company Profile

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.