Legal & General Group Plc boosted its holdings in shares of Copa Holdings, S.A. (NYSE:CPA) by 6.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,768 shares of the transportation company’s stock after purchasing an additional 563 shares during the period. Legal & General Group Plc’s holdings in Copa Holdings, were worth $1,026,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of CPA. Bank of New York Mellon Corp lifted its position in Copa Holdings, by 3.4% during the first quarter. Bank of New York Mellon Corp now owns 135,055 shares of the transportation company’s stock valued at $15,161,000 after purchasing an additional 4,451 shares during the period. Comerica Bank lifted its position in Copa Holdings, by 0.9% during the first quarter. Comerica Bank now owns 3,054 shares of the transportation company’s stock valued at $353,000 after purchasing an additional 26 shares during the period. UBS Asset Management Americas Inc. lifted its position in Copa Holdings, by 35.9% during the first quarter. UBS Asset Management Americas Inc. now owns 42,013 shares of the transportation company’s stock valued at $4,716,000 after purchasing an additional 11,100 shares during the period. Karp Capital Management Corp acquired a new position in Copa Holdings, during the first quarter valued at $1,330,000. Finally, Ameriprise Financial Inc. lifted its position in Copa Holdings, by 346.3% during the first quarter. Ameriprise Financial Inc. now owns 29,995 shares of the transportation company’s stock valued at $3,367,000 after purchasing an additional 23,274 shares during the period. Institutional investors own 64.28% of the company’s stock.

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Copa Holdings, S.A. (NYSE CPA) opened at 124.53 on Friday. Copa Holdings, S.A. has a 12 month low of $83.26 and a 12 month high of $134.25. The firm has a 50 day moving average of $126.27 and a 200-day moving average of $118.64. The firm has a market cap of $5.28 billion, a P/E ratio of 16.05 and a beta of 1.81.

Copa Holdings, (NYSE:CPA) last issued its earnings results on Wednesday, August 9th. The transportation company reported $1.48 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.48. The business had revenue of $578.10 million for the quarter, compared to the consensus estimate of $567.47 million. Copa Holdings, had a net margin of 14.17% and a return on equity of 14.98%. The business’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.51 earnings per share. On average, equities research analysts forecast that Copa Holdings, S.A. will post $8.55 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 31st were issued a $0.75 dividend. This is an increase from Copa Holdings,’s previous quarterly dividend of $0.51. The ex-dividend date was Tuesday, August 29th. This represents a $3.00 annualized dividend and a dividend yield of 2.41%. Copa Holdings,’s payout ratio is presently 37.93%.

A number of research firms recently issued reports on CPA. BidaskClub downgraded shares of Copa Holdings, from a “buy” rating to a “hold” rating in a research report on Thursday, August 24th. Bank of America Corporation boosted their target price on shares of Copa Holdings, from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, August 10th. Zacks Investment Research downgraded shares of Copa Holdings, from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Deutsche Bank AG restated a “buy” rating and set a $137.00 target price (up from $134.00) on shares of Copa Holdings, in a research report on Tuesday, July 18th. Finally, Stifel Nicolaus restated a “hold” rating and set a $120.00 target price on shares of Copa Holdings, in a research report on Friday, August 11th. Six equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Copa Holdings, presently has an average rating of “Buy” and a consensus target price of $116.39.

Copa Holdings, Profile

Copa Holdings, SA is a provider of airline passenger and cargo service through its principal operating subsidiaries, Compania Panamena de Aviacion, S. A. (Copa Airlines) and AeroRepublica, S. A. (Copa Colombia). The Company operates through air transportation segment. Copa Airlines operates from its position located in the Republic of Panama.

Institutional Ownership by Quarter for Copa Holdings, (NYSE:CPA)

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