Corporación América Airports S.A. (NYSE:CAAP) is Fourth Sail Capital LP’s 2nd Largest Position

Fourth Sail Capital LP boosted its stake in shares of Corporación América Airports S.A. (NYSE:CAAP) by 22.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,615,054 shares of the company’s stock after acquiring an additional 300,529 shares during the period. Corporación América Airports accounts for approximately 7.1% of Fourth Sail Capital LP’s portfolio, making the stock its 2nd biggest position. Fourth Sail Capital LP’s holdings in Corporación América Airports were worth $28,199,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of CAAP. Helikon Investments Ltd increased its position in shares of Corporación América Airports by 10.1% in the 3rd quarter. Helikon Investments Ltd now owns 8,131,794 shares of the company’s stock valued at $141,981,000 after purchasing an additional 746,084 shares during the last quarter. abrdn plc increased its holdings in Corporación América Airports by 3.5% in the third quarter. abrdn plc now owns 336,900 shares of the company’s stock valued at $5,882,000 after buying an additional 11,261 shares during the last quarter. LMG Wealth Partners LLC raised its stake in Corporación América Airports by 5.5% in the second quarter. LMG Wealth Partners LLC now owns 83,559 shares of the company’s stock valued at $1,390,000 after buying an additional 4,359 shares in the last quarter. Quadrature Capital Ltd lifted its holdings in Corporación América Airports by 25.8% during the 1st quarter. Quadrature Capital Ltd now owns 60,309 shares of the company’s stock worth $1,014,000 after buying an additional 12,354 shares during the last quarter. Finally, Thoroughbred Financial Services LLC boosted its position in shares of Corporación América Airports by 15.5% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 58,905 shares of the company’s stock worth $980,000 after acquiring an additional 7,925 shares in the last quarter. Institutional investors and hedge funds own 12.95% of the company’s stock.

Corporación América Airports Stock Performance

Shares of NYSE CAAP opened at $18.81 on Monday. The stock’s 50-day simple moving average is $17.99 and its 200-day simple moving average is $17.19. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.32 and a quick ratio of 1.30. Corporación América Airports S.A. has a fifty-two week low of $10.57 and a fifty-two week high of $19.95.

Corporación América Airports (NYSE:CAAP) last issued its earnings results on Wednesday, August 21st. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.02). The company had revenue of $416.20 million during the quarter. Corporación América Airports had a net margin of 22.57% and a return on equity of 33.87%. During the same period last year, the firm posted $0.43 EPS. Equities research analysts forecast that Corporación América Airports S.A. will post 1.02 EPS for the current year.

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.