GSA Capital Partners LLP Purchases 34,143 Shares of Corporacion America Airports S.A. $CAAP

GSA Capital Partners LLP increased its holdings in Corporacion America Airports S.A. (NYSE:CAAP) by 160.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 55,417 shares of the company’s stock after buying an additional 34,143 shares during the period. GSA Capital Partners LLP’s holdings in Corporacion America Airports were worth $1,004,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CAAP. Rhumbline Advisers grew its stake in shares of Corporacion America Airports by 10.0% in the 3rd quarter. Rhumbline Advisers now owns 6,600 shares of the company’s stock worth $120,000 after buying an additional 600 shares in the last quarter. Inceptionr LLC purchased a new stake in shares of Corporacion America Airports during the 2nd quarter valued at about $215,000. Sage Investment Counsel LLC lifted its holdings in shares of Corporacion America Airports by 21.6% in the 3rd quarter. Sage Investment Counsel LLC now owns 12,400 shares of the company’s stock valued at $225,000 after acquiring an additional 2,200 shares during the last quarter. Yorktown Management & Research Co Inc purchased a new position in Corporacion America Airports in the second quarter worth about $276,000. Finally, Jane Street Group LLC bought a new stake in Corporacion America Airports during the second quarter worth approximately $295,000. Hedge funds and other institutional investors own 12.95% of the company’s stock.

Corporacion America Airports Stock Performance

Corporacion America Airports stock opened at $28.98 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.51 and a current ratio of 1.53. The business has a fifty day moving average of $27.31 and a two-hundred day moving average of $23.17. Corporacion America Airports S.A. has a twelve month low of $15.01 and a twelve month high of $30.50.

Corporacion America Airports (NYSE:CAAP) last released its quarterly earnings results on Monday, November 24th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.19). The company had revenue of $532.10 million during the quarter, compared to the consensus estimate of $492.00 million. Corporacion America Airports had a return on equity of 11.64% and a net margin of 9.39%.During the same period in the previous year, the firm posted $0.09 earnings per share. On average, research analysts predict that Corporacion America Airports S.A. will post 0.95 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. lifted their target price on Corporacion America Airports from $24.50 to $27.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. The Goldman Sachs Group increased their target price on Corporacion America Airports from $25.10 to $28.50 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. Jefferies Financial Group reissued a “buy” rating and set a $31.00 target price on shares of Corporacion America Airports in a research note on Wednesday, January 21st. Citigroup began coverage on shares of Corporacion America Airports in a research note on Thursday, October 30th. They issued a “buy” rating and a $28.00 price target on the stock. Finally, Zacks Research lowered shares of Corporacion America Airports from a “hold” rating to a “strong sell” rating in a report on Monday, January 26th. Six research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $26.60.

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.