Citigroup Inc. purchased a new stake in Corporación América Airports S.A. (NYSE:CAAP – Free Report) during the first quarter, according to its most recent filing with the SEC. The firm purchased 908,080 shares of the company’s stock, valued at approximately $9,244,000. Citigroup Inc. owned 0.56% of Corporación América Airports at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Corporación América Airports by 0.7% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 239,207 shares of the company’s stock valued at $2,435,000 after buying an additional 1,735 shares in the last quarter. abrdn plc grew its position in shares of Corporación América Airports by 2.7% in the 1st quarter. abrdn plc now owns 295,552 shares of the company’s stock valued at $3,009,000 after purchasing an additional 7,652 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Corporación América Airports by 50.8% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 94,725 shares of the company’s stock valued at $964,000 after purchasing an additional 31,907 shares during the period. Helikon Investments Ltd grew its position in shares of Corporación América Airports by 0.5% in the 1st quarter. Helikon Investments Ltd now owns 8,575,256 shares of the company’s stock valued at $87,296,000 after purchasing an additional 40,275 shares during the period. Finally, Stokes Family Office LLC grew its position in shares of Corporación América Airports by 59.8% in the 4th quarter. Stokes Family Office LLC now owns 314,500 shares of the company’s stock valued at $2,746,000 after purchasing an additional 117,630 shares during the period. 13.05% of the stock is currently owned by institutional investors and hedge funds.
Corporación América Airports Price Performance
Shares of CAAP opened at $14.28 on Thursday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.81 and a current ratio of 0.82. The stock has a 50 day simple moving average of $13.40 and a 200 day simple moving average of $11.45. Corporación América Airports S.A. has a 52-week low of $6.24 and a 52-week high of $14.89. The firm has a market capitalization of $2.33 billion, a PE ratio of 13.35 and a beta of 1.96.
Corporación América Airports Company Profile
Corporación América Airports SA, through its subsidiaries, acquires, develops, and operates airport concessions. It operates 53 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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Corporación América Airports, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Corporación América Airports wasn’t on the list.
While Corporación América Airports currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Click the link below and we’ll send you MarketBeat’s guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Source: marketbeat.com
