Militia Capital Management LLC purchased a new stake in shares of Corporacion America Airports S.A. (NYSE:CAAP – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 161,000 shares of the company’s stock, valued at approximately $4,072,000. Corporacion America Airports makes up about 0.9% of Militia Capital Management LLC’s investment portfolio, making the stock its 18th largest position.
Other institutional investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its stake in Corporacion America Airports by 673.3% in the third quarter. BNP Paribas Financial Markets now owns 494,703 shares of the company’s stock worth $8,964,000 after purchasing an additional 430,726 shares in the last quarter. Helikon Investments Ltd increased its stake in shares of Corporacion America Airports by 1.0% in the fourth quarter. Helikon Investments Ltd now owns 13,565,960 shares of the company’s stock valued at $352,715,000 after buying an additional 135,515 shares in the last quarter. Assenagon Asset Management S.A. bought a new position in shares of Corporacion America Airports in the first quarter valued at about $2,671,000. Qube Research & Technologies Ltd raised its holdings in shares of Corporacion America Airports by 110.6% in the third quarter. Qube Research & Technologies Ltd now owns 136,973 shares of the company’s stock valued at $2,482,000 after buying an additional 71,922 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new position in shares of Corporacion America Airports in the fourth quarter valued at about $1,845,000. Institutional investors own 12.95% of the company’s stock.
Corporacion America Airports Trading Up 1.5%
Shares of NYSE CAAP opened at $25.12 on Thursday. Corporacion America Airports S.A. has a fifty-two week low of $17.36 and a fifty-two week high of $30.50. The firm has a market capitalization of $4.15 billion, a P/E ratio of 14.28, a P/E/G ratio of 0.68 and a beta of 0.69. 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 company’s 50 day simple moving average is $25.62 and its 200 day simple moving average is $26.30.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on the stock. Zacks Research raised shares of Corporacion America Airports from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Corporacion America Airports in a research note on Wednesday, June 24th. JPMorgan Chase & Co. boosted their target price on shares of Corporacion America Airports from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Monday, June 15th. Finally, Wall Street Zen lowered shares of Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.12.
Check Out Our Latest Analysis on Corporacion America Airports
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.
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