BNP Paribas Financial Markets Raises Stock Holdings in Corporacion America Airports S.A. $CAAP

BNP Paribas Financial Markets increased its stake in shares of Corporacion America Airports S.A. (NYSE:CAAP) by 52.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 752,402 shares of the company’s stock after purchasing an additional 257,699 shares during the quarter. BNP Paribas Financial Markets’ holdings in Corporacion America Airports were worth $19,562,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd raised its stake in shares of Corporacion America Airports by 328.8% in the second quarter. Qube Research & Technologies Ltd now owns 65,051 shares of the company’s stock worth $1,318,000 after purchasing an additional 49,882 shares during the last quarter. Canada Pension Plan Investment Board grew its holdings in Corporacion America Airports by 49.5% in the second quarter. Canada Pension Plan Investment Board now owns 63,613 shares of the company’s stock valued at $1,289,000 after purchasing an additional 21,052 shares during the period. Raymond James Financial Inc. boosted its stake in shares of Corporacion America Airports by 2.9% in the second quarter. Raymond James Financial Inc. now owns 68,680 shares of the company’s stock worth $1,391,000 after acquiring an additional 1,943 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Corporacion America Airports in the second quarter worth approximately $295,000. Finally, PDT Partners LLC lifted its position in Corporacion America Airports by 63.8% during the second quarter. PDT Partners LLC now owns 48,704 shares of the company’s stock worth $987,000 after buying an additional 18,972 shares in the last quarter. 12.95% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CAAP has been the topic of a number of analyst reports. Wall Street Zen downgraded Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. Weiss Ratings reissued a “buy (b)” rating on shares of Corporacion America Airports in a research note on Friday, March 27th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $28.63.

Corporacion America Airports Stock Down 2.5%

CAAP opened at $25.31 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.38 and a current ratio of 1.40. The business’s fifty day moving average is $25.50 and its two-hundred day moving average is $26.15. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 14.38, a PEG ratio of 0.69 and a beta of 0.68. Corporacion America Airports S.A. has a one year low of $17.36 and a one year high of $30.50.

Corporacion America Airports (NYSE:CAAP) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.04). The company had revenue of $537.62 million for the quarter, compared to analysts’ expectations of $470.63 million. Corporacion America Airports had a return on equity of 17.40% and a net margin of 13.79%. Analysts anticipate that Corporacion America Airports S.A. will post 2.27 EPS for the current fiscal year.

About Corporacion America Airports

Corporación América Airports SA operates as a global airport infrastructure and services company, specializing in the development, acquisition and management of airport concessions. Headquartered in Buenos Aires, Argentina, the firm oversees long-term agreements that cover the planning, design, financing and ongoing operation of airport facilities. Its integrated approach aims to enhance operational efficiency and passenger experience through modernized terminals and streamlined processes.

The company’s core activities encompass passenger handling, cargo operations and ancillary services such as retail concessions, food and beverage outlets, ground handling, fueling and airport parking.