Corporación América Airports S.A. (NYSE:CAAP) Position Lifted by Helikon Investments Ltd

Helikon Investments Ltd raised its position in Corporación América Airports S.A. (NYSE:CAAP) by 10.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 8,131,794 shares of the company’s stock after acquiring an additional 746,084 shares during the quarter. Corporación América Airports comprises about 12.7% of Helikon Investments Ltd’s portfolio, making the stock its 2nd biggest holding. Helikon Investments Ltd’s holdings in Corporación América Airports were worth $141,981,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Quarry LP purchased a new stake in shares of Corporación América Airports in the second quarter valued at approximately $38,000. Rhumbline Advisers acquired a new stake in shares of Corporación América Airports during the 2nd quarter worth about $98,000. Virtu Financial LLC acquired a new stake in shares of Corporación América Airports during the first quarter valued at about $177,000. Vontobel Holding Ltd. purchased a new stake in Corporación América Airports in the third quarter valued at approximately $224,000. Finally, Invst LLC raised its holdings in shares of Corporación América Airports by 79.1% in the 1st quarter. Invst LLC now owns 20,349 shares of the company’s stock valued at $343,000 after buying an additional 8,990 shares during the period. 12.95% of the stock is currently owned by hedge funds and other institutional investors.

Corporación América Airports Stock Down 0.1 %

Shares of CAAP traded down $0.02 during mid-day trading on Thursday, hitting $18.84. 15,006 shares of the company’s stock were exchanged, compared to its average volume of 143,209. The stock’s 50-day moving average is $17.03 and its 200-day moving average is $16.99. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.30 and a current ratio of 1.32. Corporación América Airports S.A. has a fifty-two week low of $10.57 and a fifty-two week high of $19.31. The company has a market cap of $3.08 billion, a price-to-earnings ratio of 7.60 and a beta of 2.07.

Corporación América Airports (NYSE:CAAP) last announced its earnings results on Wednesday, August 21st. The company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.02). Corporación América Airports had a return on equity of 33.87% and a net margin of 22.57%. The business had revenue of $416.20 million for the quarter. During the same quarter in the prior year, the firm posted $0.43 earnings per share. On average, sell-side analysts anticipate that Corporación América Airports S.A. will post 0.96 earnings per share for the current fiscal year.

Corporación América Airports Company 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.