Goldman Sachs Group Inc. raised its position in Corporación América Airports S.A. (NYSE:CAAP – Free Report) by 0.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 7,318,389 shares of the company’s stock after buying an additional 9,788 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Corporación América Airports were worth $117,533,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. TT International Asset Management LTD bought a new position in shares of Corporación América Airports in the 4th quarter worth $2,332,000. Invst LLC bought a new position in shares of Corporación América Airports in the 4th quarter worth $195,000. Stokes Family Office LLC boosted its position in shares of Corporación América Airports by 12.2% in the 4th quarter. Stokes Family Office LLC now owns 288,952 shares of the company’s stock worth $4,641,000 after purchasing an additional 31,500 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Corporación América Airports in the 4th quarter worth $347,000. Finally, Mackenzie Financial Corp lifted its holdings in Corporación América Airports by 44.0% during the fourth quarter. Mackenzie Financial Corp now owns 70,388 shares of the company’s stock worth $1,130,000 after acquiring an additional 21,513 shares in the last quarter. 12.95% of the stock is currently owned by institutional investors.
Corporación América Airports Trading Up 0.2 %
Shares of CAAP traded up $0.04 during midday trading on Friday, hitting $17.40. The stock had a trading volume of 67,976 shares, compared to its average volume of 159,911. The company has a 50 day simple moving average of $17.51 and a two-hundred day simple moving average of $16.26. Corporación América Airports S.A. has a twelve month low of $10.47 and a twelve month high of $18.89. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.12 and a current ratio of 1.14.
Wall Street Analyst Weigh In
Separately, Citigroup lifted their target price on Corporación América Airports from $21.00 to $21.50 and gave the stock a “buy” rating in a report on Monday, June 3rd.
Read Our Latest Research Report on CAAP
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.
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