22,225 Shares in Corporacion America Airports S.A. $CAAP Bought by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC purchased a new stake in Corporacion America Airports S.A. (NYSE:CAAP) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 22,225 shares of the company’s stock, valued at approximately $578,000.

Several other institutional investors have also recently made changes to their positions in the stock. Qube Research & Technologies Ltd raised its holdings in shares of Corporacion America Airports by 328.8% during the second quarter. Qube Research & Technologies Ltd now owns 65,051 shares of the company’s stock valued at $1,318,000 after purchasing an additional 49,882 shares during the period. Canada Pension Plan Investment Board grew its stake in shares of Corporacion America Airports by 49.5% in the 2nd quarter. Canada Pension Plan Investment Board now owns 63,613 shares of the company’s stock valued at $1,289,000 after buying an additional 21,052 shares during the period. Raymond James Financial Inc. grew its stake in shares of Corporacion America Airports by 2.9% in the 2nd quarter. Raymond James Financial Inc. now owns 68,680 shares of the company’s stock valued at $1,391,000 after buying an additional 1,943 shares during the period. Jane Street Group LLC bought a new stake in Corporacion America Airports in the 2nd quarter valued at about $295,000. Finally, PDT Partners LLC increased its position in Corporacion America Airports by 63.8% in the 2nd quarter. PDT Partners LLC now owns 48,704 shares of the company’s stock valued at $987,000 after buying an additional 18,972 shares in the last quarter. Institutional investors and hedge funds own 12.95% of the company’s stock.

Corporacion America Airports Trading Down 1.9%

NYSE:CAAP opened at $24.02 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.40 and a quick ratio of 1.38. Corporacion America Airports S.A. has a one year low of $17.36 and a one year high of $30.50. The company has a market cap of $3.97 billion, a PE ratio of 13.65, a PEG ratio of 0.67 and a beta of 0.70. The firm has a 50-day moving average of $25.60 and a 200-day moving average of $26.10.

Wall Street Analyst Weigh In

Several research analysts have issued reports on CAAP shares. Zacks Research upgraded Corporacion America Airports from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. JPMorgan Chase & Co. boosted their price objective on Corporacion America Airports from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Monday, June 15th. Wall Street Zen downgraded Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Corporacion America Airports in a research report on Wednesday, June 24th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $30.12.

About Corporacion America Airports

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.