Chartwell Investment Partners LLC grew its holdings in Copa Holdings, S.A. (NYSE:CPA) by 4.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 45,969 shares of the transportation company’s stock after buying an additional 2,161 shares during the quarter. Chartwell Investment Partners LLC owned approximately 0.11% of Copa Holdings, worth $5,724,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CPA. Pictet Asset Management Ltd. lifted its holdings in Copa Holdings, by 9.1% in the 2nd quarter. Pictet Asset Management Ltd. now owns 1,853 shares of the transportation company’s stock worth $210,000 after buying an additional 154 shares during the period. Global X Management Co. LLC lifted its position in Copa Holdings, by 0.9% during the second quarter. Global X Management Co. LLC now owns 2,010 shares of the transportation company’s stock valued at $235,000 after purchasing an additional 17 shares in the last quarter. Fiera Capital Corp purchased a new position in Copa Holdings, during the second quarter valued at $250,000. US Bancorp DE lifted its position in Copa Holdings, by 50.4% during the second quarter. US Bancorp DE now owns 2,220 shares of the transportation company’s stock valued at $260,000 after purchasing an additional 744 shares in the last quarter. Finally, Laurion Capital Management LP purchased a new position in Copa Holdings, during the second quarter valued at $270,000. Institutional investors and hedge funds own 68.49% of the company’s stock.

Shares of Copa Holdings, S.A. (CPA) traded down $2.81 during mid-day trading on Thursday, hitting $134.87. The stock had a trading volume of 244,200 shares, compared to its average volume of 312,164. The firm has a market capitalization of $6,156.50, a P/E ratio of 17.86, a PEG ratio of 2.42 and a beta of 1.91. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.97 and a current ratio of 1.05. Copa Holdings, S.A. has a 1-year low of $87.69 and a 1-year high of $138.69.

Copa Holdings, (NYSE:CPA) last issued its quarterly earnings results on Wednesday, November 8th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.06. The business had revenue of $657.17 million for the quarter, compared to the consensus estimate of $644.36 million. Copa Holdings, had a return on equity of 16.81% and a net margin of 14.88%. The business’s quarterly revenue was up 15.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.30 earnings per share. sell-side analysts forecast that Copa Holdings, S.A. will post 8.6 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date is Wednesday, November 29th. Copa Holdings,’s payout ratio is presently 34.84%.

Several brokerages have weighed in on CPA. Stifel Nicolaus reissued a “hold” rating and set a $120.00 price objective on shares of Copa Holdings, in a research note on Friday, August 11th. Zacks Investment Research cut Copa Holdings, from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. BidaskClub cut Copa Holdings, from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th. UBS Group AG upgraded Copa Holdings, from a “neutral” rating to a “buy” rating in a research report on Thursday, November 9th. Finally, Bank of America Corporation dropped their target price on Copa Holdings, from $167.00 to $154.00 and set a “buy” rating for the company in a research report on Tuesday, September 26th. Six analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $129.69.

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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.

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

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