31,198 Shares in Copa Holdings, S.A. $CPA Purchased by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC acquired a new position in Copa Holdings, S.A. (NYSE:CPA - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 31,198 shares of the transportation company's stock, valued at approximately $4,853,000. Copa makes up approximately 0.9% of Coppell Advisory Solutions LLC's investment portfolio, making the stock its 21st biggest position. Coppell Advisory Solutions LLC owned 0.08% of Copa at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Elevation Wealth Partners LLC raised its position in shares of Copa by 240.8% in the second quarter. Elevation Wealth Partners LLC now owns 167 shares of the transportation company's stock valued at $26,000 after buying an additional 118 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in Copa during the fourth quarter worth approximately $27,000. Empowered Funds LLC bought a new position in Copa during the 4th quarter worth $29,000. US Bancorp DE raised its holdings in Copa by 90.2% in the 3rd quarter. US Bancorp DE now owns 253 shares of the transportation company's stock valued at $30,000 after acquiring an additional 120 shares in the last quarter. Finally, SJS Investment Consulting Inc. lifted its position in shares of Copa by 284.2% during the 1st quarter. SJS Investment Consulting Inc. now owns 292 shares of the transportation company's stock valued at $33,000 after acquiring an additional 216 shares during the period. Institutional investors own 70.09% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on CPA. UBS Group decreased their price target on Copa from $195.00 to $185.00 and set a "buy" rating on the stock in a research report on Tuesday, August 11th. Wall Street Zen downgraded shares of Copa from a "buy" rating to a "hold" rating in a research note on Saturday, August 15th. Jefferies Financial Group assumed coverage on shares of Copa in a research note on Thursday, June 18th. They set a "buy" rating and a $185.00 price objective on the stock. Raymond James Financial decreased their target price on shares of Copa from $195.00 to $185.00 and set a "strong-buy" rating on the stock in a report on Monday, August 24th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Copa in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Copa has an average rating of "Buy" and an average price target of $172.20.

Copa Stock Up 2.7%

CPA stock opened at $128.83 on Thursday. The stock has a market capitalization of $5.30 billion, a P/E ratio of 8.47, a price-to-earnings-growth ratio of 1.15 and a beta of 0.99. The company has a current ratio of 1.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.72. Copa Holdings, S.A. has a 12 month low of $107.44 and a 12 month high of $160.46. The firm has a 50-day moving average price of $140.89 and a 200-day moving average price of $132.71.

Copa (NYSE:CPA - Get Free Report) last posted its quarterly earnings results on Saturday, August 8th. The transportation company reported $1.67 earnings per share for the quarter, missing analysts' consensus estimates of $1.88 by ($0.21). The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.08 billion. Copa had a net margin of 15.71% and a return on equity of 22.40%. The company's revenue for the quarter was up 25.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.61 earnings per share. As a group, equities research analysts anticipate that Copa Holdings, S.A. will post 15.35 EPS for the current fiscal year.

Copa Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $1.71 dividend. The ex-dividend date is Monday, August 31st. This represents a $6.84 dividend on an annualized basis and a yield of 5.3%. Copa's dividend payout ratio (DPR) is currently 44.97%.

Copa Company Profile

Copa Holdings, SA NYSE: CPA is a Panama‐based aviation holding company that provides passenger and cargo air transportation across the Americas and the Caribbean. Through its principal subsidiary, Copa Airlines, the company operates a modern fleet of Boeing 737 aircraft, offering scheduled flights that connect passengers through its Tocumen International Airport hub in Panama City. The company also offers dedicated cargo services under the Copa Cargo brand, leveraging belly hold capacity on its passenger flights to transport freight throughout its network.

The roots of Copa Holdings trace back to 1947, when Compañía Panameña de Aviación began operations as the flag carrier of Panama.

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