Corporación América Airports S.A. (NYSE:CAAP) Shares Acquired by Fourth Sail Capital LP

Fourth Sail Capital LP lifted its position in Corporación América Airports S.A. (NYSE:CAAP) by 22.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,615,054 shares of the company’s stock after acquiring an additional 300,529 shares during the period. Corporación América Airports accounts for 7.1% of Fourth Sail Capital LP’s holdings, making the stock its 2nd largest position. Fourth Sail Capital LP owned about 0.99% of Corporación América Airports worth $28,199,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Helikon Investments Ltd raised its holdings in Corporación América Airports by 10.1% in the 3rd quarter. Helikon Investments Ltd now owns 8,131,794 shares of the company’s stock valued at $141,981,000 after acquiring an additional 746,084 shares during the last quarter. abrdn plc increased its holdings in shares of Corporación América Airports by 3.5% in the third quarter. abrdn plc now owns 336,900 shares of the company’s stock valued at $5,882,000 after purchasing an additional 11,261 shares during the last quarter. LMG Wealth Partners LLC raised its holdings in shares of Corporación América Airports by 5.5% during the 2nd quarter. LMG Wealth Partners LLC now owns 83,559 shares of the company’s stock worth $1,390,000 after acquiring an additional 4,359 shares during the period. Quadrature Capital Ltd grew its holdings in shares of Corporación América Airports by 25.8% in the first quarter. Quadrature Capital Ltd now owns 60,309 shares of the company’s stock valued at $1,014,000 after purchasing an additional 12,354 shares during the period. Finally, Thoroughbred Financial Services LLC increased its position in Corporación América Airports by 15.5% during the second quarter. Thoroughbred Financial Services LLC now owns 58,905 shares of the company’s stock worth $980,000 after purchasing an additional 7,925 shares during the last quarter. 12.95% of the stock is currently owned by hedge funds and other institutional investors.

Corporación América Airports Stock Performance

Corporación América Airports stock opened at $18.81 on Monday. The firm has a 50 day simple moving average of $17.99 and a 200-day simple moving average of $17.19. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.32 and a quick ratio of 1.30. Corporación América Airports S.A. has a 1-year low of $10.57 and a 1-year high of $19.95.

Corporación América Airports (NYSE:CAAP) last posted its earnings results on Wednesday, August 21st. The company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.02). The business had revenue of $416.20 million during the quarter. Corporación América Airports had a net margin of 22.57% and a return on equity of 33.87%. During the same quarter in the prior year, the company earned $0.43 EPS. Sell-side analysts anticipate that Corporación América Airports S.A. will post 1.02 earnings per share for the current year.

Corporación América Airports 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.