State of Wyoming Has $56,000 Holdings in Corporación América Airports S.A. (NYSE:CAAP)

State of Wyoming reduced its position in Corporación América Airports S.A. (NYSE:CAAP - Free Report) by 83.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,011 shares of the company's stock after selling 14,791 shares during the quarter. State of Wyoming's holdings in Corporación América Airports were worth $56,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of CAAP. BNP Paribas Financial Markets lifted its holdings in Corporación América Airports by 125.4% in the fourth quarter. BNP Paribas Financial Markets now owns 3,102 shares of the company's stock valued at $58,000 after buying an additional 1,726 shares during the period. Sage Investment Counsel LLC bought a new position in shares of Corporación América Airports in the 4th quarter worth about $187,000. Verity Asset Management Inc. acquired a new position in shares of Corporación América Airports in the 4th quarter valued at about $245,000. Bank of America Corp DE lifted its stake in shares of Corporación América Airports by 6.6% in the 4th quarter. Bank of America Corp DE now owns 13,437 shares of the company's stock valued at $251,000 after purchasing an additional 836 shares during the period. Finally, Mariner LLC bought a new stake in shares of Corporación América Airports during the 4th quarter valued at about $255,000. 12.95% of the stock is currently owned by institutional investors and hedge funds.

Corporación América Airports Stock Down 0.5%

Shares of CAAP traded down $0.11 during trading hours on Friday, hitting $20.59. The stock had a trading volume of 220,451 shares, compared to its average volume of 177,993. Corporación América Airports S.A. has a 1-year low of $13.97 and a 1-year high of $22.13. The firm has a market capitalization of $3.36 billion, a P/E ratio of 9.53 and a beta of 1.44. The firm has a 50 day simple moving average of $19.29 and a 200-day simple moving average of $19.10. 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 (NYSE:CAAP - Get Free Report) last announced its quarterly earnings data on Thursday, May 22nd. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.51 by ($0.26). The firm had revenue of $446.20 million during the quarter, compared to analyst estimates of $418.00 million. Corporación América Airports had a net margin of 20.78% and a return on equity of 28.13%. Sell-side analysts predict that Corporación América Airports S.A. will post 0.95 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Bank of America began coverage on Corporación América Airports in a report on Thursday, May 22nd. They issued a "buy" rating and a $24.70 target price for the company. Itau BBA Securities started coverage on shares of Corporación América Airports in a research report on Monday, April 28th. They set an "outperform" rating and a $20.40 price objective for the company. Finally, JPMorgan Chase & Co. initiated coverage on shares of Corporación América Airports in a research report on Friday, March 14th. They set an "overweight" rating and a $22.50 target price on the stock.

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.