Corporacion America Airports S.A. $CAAP Shares Acquired by UBS Group AG

UBS Group AG lifted its stake in shares of Corporacion America Airports S.A. (NYSE:CAAP) by 207.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 98,036 shares of the company’s stock after purchasing an additional 66,113 shares during the period. UBS Group AG’s holdings in Corporacion America Airports were worth $2,549,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in CAAP. Aquatic Capital Management LLC acquired a new position in shares of Corporacion America Airports during the 3rd quarter worth $88,000. Quarry LP acquired a new position in shares of Corporacion America Airports during the 3rd quarter worth $108,000. Rhumbline Advisers grew its stake in shares of Corporacion America Airports by 10.0% during the 3rd quarter. Rhumbline Advisers now owns 6,600 shares of the company’s stock worth $120,000 after purchasing an additional 600 shares during the period. Centiva Capital LP acquired a new position in shares of Corporacion America Airports during the 3rd quarter worth $214,000. Finally, Kestra Private Wealth Services LLC acquired a new position in shares of Corporacion America Airports during the 3rd quarter worth $223,000. 12.95% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on CAAP shares. The Goldman Sachs Group upped 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 note on Thursday, January 29th. Wall Street Zen cut shares of Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Corporacion America Airports in a research note on Friday, March 27th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Corporacion America Airports has a consensus rating of “Moderate Buy” and an average price target of $28.63.

Corporacion America Airports Stock Up 2.2%

Shares of NYSE CAAP opened at $25.51 on Wednesday. Corporacion America Airports S.A. has a 12-month low of $17.36 and a 12-month high of $30.50. The company has a market capitalization of $4.21 billion, a PE ratio of 14.49, a price-to-earnings-growth ratio of 0.62 and a beta of 0.68. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.40 and a quick ratio of 1.38. The firm’s 50-day moving average is $25.31 and its two-hundred day moving average is $25.97.

Corporacion America Airports (NYSE:CAAP) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.04). Corporacion America Airports had a net margin of 13.79% and a return on equity of 17.40%. The business had revenue of $537.62 million during the quarter, compared to analysts’ expectations of $470.63 million. Equities analysts anticipate that Corporacion America Airports S.A. will post 2.41 EPS 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.