35,803 Shares in Corporacion America Airports S.A. $CAAP Purchased by Altrinsic Global Advisors LLC

Altrinsic Global Advisors LLC acquired a new stake in Corporacion America Airports S.A. (NYSE:CAAP) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 35,803 shares of the company’s stock, valued at approximately $649,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of CAAP. Apis Capital Advisors LLC bought a new position in Corporacion America Airports during the 3rd quarter worth approximately $725,000. Raymond James Financial Inc. grew its position in shares of Corporacion America Airports by 9.4% in the 3rd quarter. Raymond James Financial Inc. now owns 75,162 shares of the company’s stock worth $1,362,000 after acquiring an additional 6,482 shares in the last quarter. Two Sigma Investments LP bought a new stake in shares of Corporacion America Airports in the 3rd quarter valued at approximately $349,000. BNP Paribas Financial Markets increased its holdings in shares of Corporacion America Airports by 673.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 494,703 shares of the company’s stock valued at $8,964,000 after acquiring an additional 430,726 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Corporacion America Airports during the 3rd quarter valued at approximately $625,000. Institutional investors and hedge funds own 12.95% of the company’s stock.

Wall Street Analyst Weigh In

CAAP has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their price objective on Corporacion America Airports from $24.50 to $27.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Jefferies Financial Group restated a “buy” rating and set a $31.00 price objective on shares of Corporacion America Airports in a research report on Wednesday, January 21st. Wall Street Zen raised shares of Corporacion America Airports from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Zacks Research lowered shares of Corporacion America Airports from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Corporacion America Airports in a report on Monday, December 29th. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Corporacion America Airports has an average rating of “Moderate Buy” and a consensus target price of $26.60.

Corporacion America Airports Stock Down 1.7%

CAAP stock opened at $24.40 on Friday. Corporacion America Airports S.A. has a 12 month low of $15.01 and a 12 month high of $30.50. The firm has a 50 day simple moving average of $27.68 and a 200 day simple moving average of $23.85. The firm has a market cap of $3.98 billion, a PE ratio of 22.18, a P/E/G ratio of 0.60 and a beta of 0.77. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.53 and a quick ratio of 1.51.

Corporacion America Airports (NYSE:CAAP) last issued its earnings results on Friday, March 6th. The company reported $404.99 earnings per share (EPS) for the quarter. Corporacion America Airports had a return on equity of 11.64% and a net margin of 9.39%.The business had revenue of ($36.63) million for the quarter. Equities research analysts forecast that Corporacion America Airports S.A. will post 0.95 earnings per share for the current fiscal year.

Corporacion America Airports 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.