BlueCrest Capital Management Ltd lifted its holdings in Copa Holdings, S.A. (NYSE:CPA) by 815.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,314 shares of the transportation company’s stock after purchasing an additional 29,674 shares during the quarter. BlueCrest Capital Management Ltd owned 0.08% of Copa Holdings, worth $3,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the company. Global X Management Co. LLC raised its stake in shares of Copa Holdings, by 0.9% in the second quarter. Global X Management Co. LLC now owns 2,010 shares of the transportation company’s stock worth $235,000 after purchasing an additional 17 shares during the last quarter. Comerica Bank raised its stake in shares of Copa Holdings, by 0.9% in the first quarter. Comerica Bank now owns 3,054 shares of the transportation company’s stock worth $353,000 after purchasing an additional 26 shares during the last quarter. Amalgamated Bank raised its stake in shares of Copa Holdings, by 3.4% in the first quarter. Amalgamated Bank now owns 4,473 shares of the transportation company’s stock worth $502,000 after purchasing an additional 145 shares during the last quarter. Pictet Asset Management Ltd. raised its stake in shares of Copa Holdings, by 9.1% in the second quarter. Pictet Asset Management Ltd. now owns 1,853 shares of the transportation company’s stock worth $210,000 after purchasing an additional 154 shares during the last quarter. Finally, Virtu KCG Holdings LLC raised its stake in shares of Copa Holdings, by 4.5% in the second quarter. Virtu KCG Holdings LLC now owns 6,827 shares of the transportation company’s stock worth $799,000 after purchasing an additional 292 shares during the last quarter. Hedge funds and other institutional investors own 64.28% of the company’s stock.

Shares of Copa Holdings, S.A. (NYSE CPA) traded down 0.91% during mid-day trading on Monday, hitting $125.75. The company had a trading volume of 18,558 shares. The company has a market capitalization of $5.33 billion, a price-to-earnings ratio of 16.20 and a beta of 1.80. The company has a 50-day moving average price of $127.12 and a 200-day moving average price of $120.35. Copa Holdings, S.A. has a 1-year low of $83.33 and a 1-year high of $134.25.

Copa Holdings, (NYSE:CPA) last released its quarterly earnings data on Wednesday, August 9th. The transportation company reported $1.48 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.48. The business had revenue of $578.10 million during the quarter, compared to analyst estimates of $567.47 million. Copa Holdings, had a return on equity of 14.98% and a net margin of 14.17%. The company’s revenue was up 16.9% on a year-over-year basis. During the same quarter last year, the business posted $0.51 EPS. On average, equities analysts anticipate that Copa Holdings, S.A. will post $8.51 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Thursday, August 31st were paid a dividend of $0.75 per share. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.36%. This is a positive change from Copa Holdings,’s previous quarterly dividend of $0.51. Copa Holdings,’s dividend payout ratio (DPR) is presently 37.93%.

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Several research firms have recently weighed in on CPA. Bank of America Corporation decreased their price target on Copa Holdings, from $167.00 to $154.00 and set a “buy” rating for the company in a research note on Tuesday, September 26th. BidaskClub lowered Copa Holdings, from a “buy” rating to a “hold” rating in a report on Thursday, August 24th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $120.00 price objective on shares of Copa Holdings, in a report on Friday, August 11th. Zacks Investment Research lowered Copa Holdings, from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a $137.00 price objective (up previously from $134.00) on shares of Copa Holdings, in a report on Tuesday, July 18th. Six investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Copa Holdings, currently has a consensus rating of “Buy” and an average target price of $116.39.

Copa Holdings, Company 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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