Inceptionr LLC Makes New $215,000 Investment in Corporacion America Airports S.A. $CAAP

Inceptionr LLC bought a new stake in Corporacion America Airports S.A. (NYSE:CAAP - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,625 shares of the company's stock, valued at approximately $215,000.

Several other institutional investors have also recently made changes to their positions in CAAP. Meixler Investment Management Ltd. grew its holdings in Corporacion America Airports by 2.6% during the 2nd quarter. Meixler Investment Management Ltd. now owns 54,362 shares of the company's stock valued at $1,101,000 after purchasing an additional 1,370 shares during the last quarter. Aberdeen Group plc lifted its stake in Corporacion America Airports by 0.3% in the second quarter. Aberdeen Group plc now owns 421,700 shares of the company's stock worth $8,544,000 after purchasing an additional 1,400 shares during the last quarter. Stokes Family Office LLC boosted its position in shares of Corporacion America Airports by 0.7% during the second quarter. Stokes Family Office LLC now owns 224,050 shares of the company's stock valued at $4,539,000 after buying an additional 1,500 shares during the period. Quantbot Technologies LP bought a new position in shares of Corporacion America Airports during the first quarter valued at approximately $50,000. Finally, LMG Wealth Partners LLC grew its stake in shares of Corporacion America Airports by 3.0% during the second quarter. LMG Wealth Partners LLC now owns 98,050 shares of the company's stock valued at $1,986,000 after buying an additional 2,866 shares during the last quarter. Institutional investors own 12.95% of the company's stock.

Corporacion America Airports Stock Up 5.2%

NYSE:CAAP opened at $25.35 on Monday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.51 and a current ratio of 1.53. The stock has a market capitalization of $4.14 billion, a P/E ratio of 23.05, a P/E/G ratio of 0.88 and a beta of 0.81. The company's 50-day simple moving average is $20.37 and its 200-day simple moving average is $20.38. Corporacion America Airports S.A. has a fifty-two week low of $15.01 and a fifty-two week high of $25.38.

Corporacion America Airports (NYSE:CAAP - Get Free Report) last posted its earnings results on Monday, November 24th. The company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.19). Corporacion America Airports had a net margin of 9.39% and a return on equity of 11.64%. The firm had revenue of $532.10 million for the quarter, compared to analysts' expectations of $492.00 million. During the same period in the previous year, the company earned $0.09 EPS. On average, equities analysts anticipate that Corporacion America Airports S.A. will post 0.95 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Citigroup started coverage on shares of Corporacion America Airports in a research note on Thursday, October 30th. They issued a "buy" rating and a $28.00 price target on the stock. Zacks Research downgraded shares of Corporacion America Airports from a "hold" rating to a "strong sell" rating in a research note on Monday, October 13th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Corporacion America Airports in a research note on Wednesday, October 8th. Wall Street Zen lowered Corporacion America Airports from a "buy" rating to a "hold" rating in a report on Friday. Finally, JPMorgan Chase & Co. raised their price objective on Corporacion America Airports from $24.00 to $24.50 and gave the stock an "overweight" rating in a report on Tuesday, September 16th. Five research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $24.40.

Read Our Latest Stock Report on CAAP

About Corporacion America 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.

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