Peak6 LLC Takes Position in Corporación América Airports S.A. (NYSE:CAAP)

Peak6 LLC purchased a new position in shares of Corporación América Airports S.A. (NYSE:CAAP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 14,919 shares of the company’s stock, valued at approximately $278,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CAAP. Sage Investment Counsel LLC purchased a new position in shares of Corporación América Airports during the fourth quarter worth approximately $187,000. Verity Asset Management Inc. purchased a new position in Corporación América Airports during the 4th quarter worth $245,000. Mariner LLC acquired a new position in Corporación América Airports in the fourth quarter valued at $255,000. Metis Global Partners LLC raised its holdings in shares of Corporación América Airports by 14.8% in the fourth quarter. Metis Global Partners LLC now owns 16,024 shares of the company’s stock valued at $299,000 after buying an additional 2,066 shares during the last quarter. Finally, Invst LLC boosted its stake in shares of Corporación América Airports by 28.2% during the third quarter. Invst LLC now owns 43,124 shares of the company’s stock worth $753,000 after buying an additional 9,473 shares during the period. 12.95% of the stock is owned by hedge funds and other institutional investors.

Corporación América Airports Price Performance

Shares of NYSE CAAP opened at $17.99 on Tuesday. The stock has a fifty day moving average price of $18.17 and a 200 day moving average price of $18.73. Corporación América Airports S.A. has a 1-year low of $13.97 and a 1-year high of $20.79. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.29 and a quick ratio of 1.27. The company has a market cap of $2.94 billion, a PE ratio of 8.33 and a beta of 1.58.

Corporación América Airports (NYSE:CAAP) last released its earnings results on Wednesday, March 19th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.12). Corporación América Airports had a return on equity of 28.13% and a net margin of 20.78%. The firm had revenue of $461.10 million during the quarter, compared to analyst estimates of $373.00 million. Sell-side analysts forecast that Corporación América Airports S.A. will post 0.95 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. assumed coverage on Corporación América Airports in a research report on Friday, March 14th. They issued an “overweight” rating and a $22.50 price target on the stock.

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.