abrdn plc Purchases 11,261 Shares of Corporación América Airports S.A. (NYSE:CAAP)

abrdn plc boosted its position in shares of Corporación América Airports S.A. (NYSE:CAAP) by 3.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 336,900 shares of the company’s stock after buying an additional 11,261 shares during the quarter. abrdn plc owned approximately 0.21% of Corporación América Airports worth $5,882,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Quarry LP bought a new stake in shares of Corporación América Airports in the 2nd quarter worth approximately $38,000. Rhumbline Advisers purchased a new position in Corporación América Airports during the 2nd quarter valued at $98,000. Virtu Financial LLC purchased a new position in Corporación América Airports during the 1st quarter valued at $177,000. Vontobel Holding Ltd. bought a new position in Corporación América Airports in the 3rd quarter worth $224,000. Finally, Invst LLC lifted its position in shares of Corporación América Airports by 79.1% in the 1st quarter. Invst LLC now owns 20,349 shares of the company’s stock worth $343,000 after purchasing an additional 8,990 shares during the period. Hedge funds and other institutional investors own 12.95% of the company’s stock.

Corporación América Airports Stock Performance

Shares of NYSE CAAP opened at $18.38 on Monday. Corporación América Airports S.A. has a 1 year low of $10.57 and a 1 year high of $19.31. The company’s 50-day moving average is $17.17 and its 200 day moving average is $17.03. The company has a current ratio of 1.32, a quick ratio of 1.30 and a debt-to-equity ratio of 0.75.

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

Corporación América Airports Company 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.