Corporación América Airports S.A. (NYSE:CAAP) Stake Raised by Malaga Cove Capital LLC

Malaga Cove Capital LLC lifted its holdings in shares of Corporación América Airports S.A. (NYSE:CAAP) by 30.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,867 shares of the company’s stock after buying an additional 10,644 shares during the period. Malaga Cove Capital LLC’s holdings in Corporación América Airports were worth $801,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CAAP. Quarry LP acquired a new position in shares of Corporación América Airports during the second quarter valued at $38,000. Rhumbline Advisers acquired a new position in Corporación América Airports during the 2nd quarter valued at about $98,000. Virtu Financial LLC bought a new stake in shares of Corporación América Airports during the 1st quarter worth about $177,000. Vontobel Holding Ltd. acquired a new stake in shares of Corporación América Airports in the 3rd quarter worth approximately $224,000. Finally, Invst LLC lifted its stake in shares of Corporación América Airports by 79.1% in the 1st quarter. Invst LLC now owns 20,349 shares of the company’s stock worth $343,000 after acquiring an additional 8,990 shares during the period. 12.95% of the stock is owned by institutional investors.

Corporación América Airports Price Performance

NYSE CAAP opened at $19.09 on Thursday. Corporación América Airports S.A. has a 12 month low of $10.57 and a 12 month high of $19.95. The firm has a market capitalization of $3.12 billion, a PE ratio of 8.09 and a beta of 2.06. The company’s 50 day simple moving average is $17.40 and its 200 day simple moving average is $17.08. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.32 and a quick ratio of 1.30.

Corporación América Airports (NYSE:CAAP) last issued its quarterly earnings results on Wednesday, August 21st. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.02). The firm had revenue of $416.20 million for the quarter. Corporación América Airports had a net margin of 22.57% and a return on equity of 33.87%. During the same quarter in the previous year, the business posted $0.43 EPS. As a group, equities research analysts forecast that Corporación América Airports S.A. will post 1.02 EPS for the current fiscal year.

Corporación América Airports Company Profile

Corporación América Airports SA, through its subsidiaries, acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly known as A.C.I. Airports International S.à r.l. and changed its name to Corporación América Airports SA in September 2017.