LRT Capital Management LLC Has $3.55 Million Holdings in Corporacion America Airports S.A. $CAAP

LRT Capital Management LLC boosted its stake in shares of Corporacion America Airports S.A. (NYSE:CAAP) by 67.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 195,885 shares of the company’s stock after acquiring an additional 78,699 shares during the period. Corporacion America Airports accounts for about 2.3% of LRT Capital Management LLC’s portfolio, making the stock its 10th biggest position. LRT Capital Management LLC owned about 0.12% of Corporacion America Airports worth $3,549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Aberdeen Group plc grew its holdings in shares of Corporacion America Airports by 5.2% during the 3rd quarter. Aberdeen Group plc now owns 443,608 shares of the company’s stock worth $8,167,000 after purchasing an additional 21,908 shares in the last quarter. Empirical Finance LLC increased its position in shares of Corporacion America Airports by 56.4% in the second quarter. Empirical Finance LLC now owns 139,327 shares of the company’s stock worth $2,823,000 after purchasing an additional 50,215 shares during the period. Inceptionr LLC acquired a new position in Corporacion America Airports in the second quarter valued at about $215,000. GSA Capital Partners LLP lifted its position in Corporacion America Airports by 160.5% during the third quarter. GSA Capital Partners LLP now owns 55,417 shares of the company’s stock worth $1,004,000 after purchasing an additional 34,143 shares during the period. Finally, Altrinsic Global Advisors LLC bought a new stake in Corporacion America Airports during the third quarter worth about $649,000. 12.95% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have commented on CAAP shares. Weiss Ratings reissued a “buy (b)” rating on shares of Corporacion America Airports in a report on Monday, December 29th. Zacks Research downgraded shares of Corporacion America Airports from a “hold” rating to a “strong sell” rating in a report on Monday, January 26th. The Goldman Sachs Group increased their price target on shares of Corporacion America Airports from $25.10 to $28.50 and gave the stock a “neutral” rating in a research report on Thursday, January 29th. Wall Street Zen raised shares of Corporacion America Airports from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. Finally, Jefferies Financial Group restated a “buy” rating and set a $31.00 price objective on shares of Corporacion America Airports in a research report on Wednesday, January 21st. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $26.60.

Corporacion America Airports Trading Up 2.2%

Corporacion America Airports stock opened at $24.92 on Tuesday. The business has a 50 day moving average of $27.63 and a 200-day moving average of $23.90. Corporacion America Airports S.A. has a 1 year low of $15.01 and a 1 year high of $30.50. The company has a quick ratio of 1.51, a current ratio of 1.53 and a debt-to-equity ratio of 0.68.

Corporacion America Airports (NYSE:CAAP) last posted its earnings results on Friday, March 6th. The company reported $404.99 EPS for the quarter. Corporacion America Airports had a net margin of 9.39% and a return on equity of 11.64%. The business had revenue of ($36.63) million for the quarter. On average, analysts anticipate that Corporacion America Airports S.A. will post 0.95 earnings per share for the current fiscal year.

About Corporacion America Airports

Corporación América Airports SA operates as a global airport infrastructure and services company, specializing in the development, acquisition and management of airport concessions. Headquartered in Buenos Aires, Argentina, the firm oversees long-term agreements that cover the planning, design, financing and ongoing operation of airport facilities. Its integrated approach aims to enhance operational efficiency and passenger experience through modernized terminals and streamlined processes.

The company’s core activities encompass passenger handling, cargo operations and ancillary services such as retail concessions, food and beverage outlets, ground handling, fueling and airport parking.