Helikon Investments Ltd Sells 1,047,036 Shares of Corporación América Airports S.A. (NYSE:CAAP)

Helikon Investments Ltd trimmed its stake in shares of Corporación América Airports S.A. (NYSE:CAAP) by 12.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,084,758 shares of the company’s stock after selling 1,047,036 shares during the quarter. Corporación América Airports comprises 13.8% of Helikon Investments Ltd’s investment portfolio, making the stock its 2nd biggest holding. Helikon Investments Ltd owned 4.34% of Corporación América Airports worth $132,202,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of CAAP. Fourth Sail Capital LP increased its stake in shares of Corporación América Airports by 22.9% during the third quarter. Fourth Sail Capital LP now owns 1,615,054 shares of the company’s stock worth $28,199,000 after acquiring an additional 300,529 shares during the period. Citigroup Inc. increased its position in Corporación América Airports by 0.6% during the 3rd quarter. Citigroup Inc. now owns 1,050,579 shares of the company’s stock worth $18,343,000 after purchasing an additional 6,600 shares during the period. abrdn plc raised its stake in shares of Corporación América Airports by 3.5% during the 3rd quarter. abrdn plc now owns 336,900 shares of the company’s stock worth $5,882,000 after buying an additional 11,261 shares in the last quarter. State Street Corp lifted its holdings in shares of Corporación América Airports by 6.8% in the 3rd quarter. State Street Corp now owns 266,233 shares of the company’s stock valued at $4,648,000 after buying an additional 16,838 shares during the period. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of Corporación América Airports in the second quarter valued at approximately $839,000. 12.95% of the stock is currently owned by hedge funds and other institutional investors.

Corporación América Airports Trading Down 0.6 %

Shares of CAAP stock opened at $19.68 on Monday. The business’s fifty day moving average price is $19.19 and its 200 day moving average price is $17.75. The firm has a market capitalization of $3.21 billion, a PE ratio of 9.11 and a beta of 1.99. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.29 and a quick ratio of 1.27. Corporación América Airports S.A. has a 1-year low of $13.74 and a 1-year high of $20.79.

Corporación América Airports 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.