16,786 Shares in Corporación América Airports S.A. (NYSE:CAAP) Purchased by Bosun Asset Management LLC

Bosun Asset Management LLC purchased a new position in shares of Corporación América Airports S.A. (NYSE:CAAP - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 16,786 shares of the company's stock, valued at approximately $313,000.

A number of other institutional investors have also modified their holdings of CAAP. Bank of America Corp DE lifted its stake in shares of Corporación América Airports by 6.6% in the fourth quarter. Bank of America Corp DE now owns 13,437 shares of the company's stock worth $251,000 after buying an additional 836 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Corporación América Airports by 125.4% during the 4th quarter. BNP Paribas Financial Markets now owns 3,102 shares of the company's stock worth $58,000 after purchasing an additional 1,726 shares during the last quarter. PDT Partners LLC purchased a new stake in shares of Corporación América Airports in the fourth quarter valued at approximately $576,000. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Corporación América Airports in the fourth quarter valued at approximately $549,000. Finally, Covalis Capital LLP purchased a new position in Corporación América Airports during the fourth quarter worth approximately $682,000. Hedge funds and other institutional investors own 12.95% of the company's stock.

Wall Street Analysts Forecast Growth

CAAP has been the topic of a number of analyst reports. Itau BBA Securities started coverage on shares of Corporación América Airports in a research note on Monday, April 28th. They set an "outperform" rating and a $20.40 target price on the stock. JPMorgan Chase & Co. initiated coverage on shares of Corporación América Airports in a research note on Friday, March 14th. They issued an "overweight" rating and a $22.50 price target on the stock.

Corporación América Airports Price Performance

Corporación América Airports stock traded down $0.01 during trading hours on Monday, hitting $20.94. The stock had a trading volume of 82,963 shares, compared to its average volume of 178,180. 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 stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of 9.70 and a beta of 1.44. The stock's fifty day moving average is $18.40 and its two-hundred day moving average is $18.86. Corporación América Airports S.A. has a 1-year low of $13.97 and a 1-year high of $23.34.

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 for the quarter, missing the consensus estimate of $0.33 by ($0.12). The business had revenue of $461.10 million for the quarter, compared to analysts' expectations of $373.00 million. Corporación América Airports had a return on equity of 28.13% and a net margin of 20.78%. As a group, analysts predict that Corporación América Airports S.A. will post 0.95 earnings per share for the current fiscal year.

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.