Susquehanna Fundamental Investments LLC Makes New Investment in Corporación América Airports S.A. (NYSE:CAAP)

Susquehanna Fundamental Investments LLC bought a new stake in Corporación América Airports S.A. (NYSE:CAAP - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 29,407 shares of the company's stock, valued at approximately $549,000.

A number of other large investors have also added to or reduced their stakes in the company. Wells Fargo & Company MN raised its stake in shares of Corporación América Airports by 25.6% during the 4th quarter. Wells Fargo & Company MN now owns 83,141 shares of the company's stock valued at $1,551,000 after buying an additional 16,941 shares during the last quarter. abrdn plc raised its position in shares of Corporación América Airports by 8.7% in the fourth quarter. abrdn plc now owns 366,362 shares of the company's stock worth $6,880,000 after acquiring an additional 29,462 shares during the period. Stokes Family Office LLC increased its stake in shares of Corporación América Airports by 1.8% in the 4th quarter. Stokes Family Office LLC now owns 279,535 shares of the company's stock valued at $5,216,000 after purchasing an additional 5,000 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Corporación América Airports in the 4th quarter worth about $1,189,000. Finally, LMG Wealth Partners LLC boosted its position in Corporación América Airports by 7.9% during the fourth quarter. LMG Wealth Partners LLC now owns 91,491 shares of the company's stock worth $1,707,000 after purchasing an additional 6,670 shares in the last quarter. 12.95% of the stock is currently owned by institutional investors.

Corporación América Airports Trading Up 0.8 %

Shares of CAAP stock traded up $0.16 during trading hours on Wednesday, hitting $19.98. The company had a trading volume of 134,129 shares, compared to its average volume of 177,458. Corporación América Airports S.A. has a fifty-two week low of $13.97 and a fifty-two week high of $20.79. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.29 and a quick ratio of 1.27. The company's fifty day moving average is $18.26 and its 200 day moving average is $18.80. The stock has a market capitalization of $3.26 billion, a PE ratio of 9.25 and a beta of 1.44.

Corporación América Airports (NYSE:CAAP - Get Free Report) last released its earnings results on Wednesday, March 19th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by ($0.12). Corporación América Airports had a return on equity of 28.13% and a net margin of 20.78%. The business had revenue of $461.10 million for the quarter, compared to analyst estimates of $373.00 million. Research analysts expect that Corporación América Airports S.A. will post 0.95 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CAAP shares. Itau BBA Securities began coverage on shares of Corporación América Airports in a report on Monday, April 28th. They issued an "outperform" rating and a $20.40 price target for the company. JPMorgan Chase & Co. assumed coverage on shares of Corporación América Airports in a research report on Friday, March 14th. They set an "overweight" rating and a $22.50 price target for the company.

About Corporación América Airports

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.