UBS Group AG Raises Stock Position in Corporacion America Airports S.A. $CAAP

UBS Group AG lifted its stake in shares of Corporacion America Airports S.A. (NYSE:CAAP) by 207.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 98,036 shares of the company’s stock after buying an additional 66,113 shares during the quarter. UBS Group AG’s holdings in Corporacion America Airports were worth $2,549,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CAAP. Aquatic Capital Management LLC purchased a new stake in shares of Corporacion America Airports during the 3rd quarter worth approximately $88,000. Quarry LP purchased a new stake in shares of Corporacion America Airports during the 3rd quarter worth approximately $108,000. Rhumbline Advisers lifted its position in shares of Corporacion America Airports by 10.0% during the 3rd quarter. Rhumbline Advisers now owns 6,600 shares of the company’s stock worth $120,000 after buying an additional 600 shares during the last quarter. Centiva Capital LP purchased a new stake in shares of Corporacion America Airports during the 3rd quarter worth approximately $214,000. Finally, Kestra Private Wealth Services LLC purchased a new stake in shares of Corporacion America Airports during the 3rd quarter worth approximately $223,000. Hedge funds and other institutional investors own 12.95% of the company’s stock.

Corporacion America Airports Stock Performance

Shares of CAAP opened at $25.51 on Wednesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.38 and a current ratio of 1.40. The stock has a market capitalization of $4.21 billion, a P/E ratio of 14.49, a P/E/G ratio of 0.62 and a beta of 0.68. The company’s fifty day moving average is $25.31 and its two-hundred day moving average is $25.97. Corporacion America Airports S.A. has a 1 year low of $17.36 and a 1 year high of $30.50.

Corporacion America Airports (NYSE:CAAP) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.04). The firm had revenue of $537.62 million during the quarter, compared to analyst estimates of $470.63 million. Corporacion America Airports had a net margin of 13.79% and a return on equity of 17.40%. On average, sell-side analysts predict that Corporacion America Airports S.A. will post 2.41 earnings per share for the current year.

Analyst Upgrades and Downgrades

CAAP has been the subject of several recent analyst reports. The Goldman Sachs Group boosted their price objective on shares of Corporacion America Airports from $25.10 to $28.50 and gave the stock a “neutral” rating in a research report on Thursday, January 29th. Weiss Ratings restated a “buy (b)” rating on shares of Corporacion America Airports in a research report on Friday, March 27th. Finally, Wall Street Zen downgraded shares of Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $28.63.

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.