Apis Capital Advisors LLC Purchases New Shares in Corporacion America Airports S.A. $CAAP

Apis Capital Advisors LLC purchased a new position in Corporacion America Airports S.A. (NYSE:CAAP) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 40,000 shares of the company’s stock, valued at approximately $725,000.

A number of other large investors also recently added to or reduced their stakes in CAAP. Rhumbline Advisers lifted its holdings in Corporacion America Airports by 10.0% during the third quarter. Rhumbline Advisers now owns 6,600 shares of the company’s stock valued at $120,000 after purchasing an additional 600 shares in the last quarter. Inceptionr LLC purchased a new stake in shares of Corporacion America Airports during the second quarter worth about $215,000. Sage Investment Counsel LLC raised its position in shares of Corporacion America Airports by 21.6% during the 3rd quarter. Sage Investment Counsel LLC now owns 12,400 shares of the company’s stock worth $225,000 after purchasing an additional 2,200 shares during the last quarter. Quantbot Technologies LP lifted its stake in Corporacion America Airports by 1,074.1% in the 3rd quarter. Quantbot Technologies LP now owns 14,559 shares of the company’s stock valued at $264,000 after buying an additional 13,319 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Corporacion America Airports in the 2nd quarter valued at about $295,000. 12.95% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have commented on CAAP. Wall Street Zen upgraded Corporacion America Airports from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. Jefferies Financial Group restated a “buy” rating and issued a $31.00 target price on shares of Corporacion America Airports in a research report on Wednesday, January 21st. Zacks Research lowered Corporacion America Airports from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. JPMorgan Chase & Co. boosted their price target 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. Finally, The Goldman Sachs Group increased their price objective on Corporacion America Airports from $25.10 to $28.50 and gave the company a “neutral” rating in a research note on Thursday, January 29th. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Corporacion America Airports has a consensus rating of “Moderate Buy” and an average target price of $26.60.

Corporacion America Airports Stock Down 1.7%

Shares of NYSE CAAP 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 stock 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 current ratio of 1.53, a quick ratio of 1.51 and a debt-to-equity ratio of 0.68. The company has a 50-day moving average of $27.68 and a 200 day moving average of $23.85.

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

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.