Metis Global Partners LLC Acquires 3,501 Shares of Corporación América Airports S.A. (NYSE:CAAP)

Metis Global Partners LLC increased its holdings in shares of Corporación América Airports S.A. (NYSE:CAAP) by 33.5% in the third quarter, Holdings Channel.com reports. The fund owned 13,958 shares of the company’s stock after buying an additional 3,501 shares during the quarter. Metis Global Partners LLC’s holdings in Corporación América Airports were worth $244,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CAAP. Helikon Investments Ltd increased its position in shares of Corporación América Airports by 10.1% during the third quarter. Helikon Investments Ltd now owns 8,131,794 shares of the company’s stock worth $141,981,000 after acquiring an additional 746,084 shares during the period. Fourth Sail Capital LP raised its position in Corporación América Airports by 1,779.7% during the 2nd quarter. Fourth Sail Capital LP now owns 1,314,525 shares of the company’s stock valued at $21,874,000 after purchasing an additional 1,244,592 shares in the last quarter. abrdn plc lifted its holdings in shares of Corporación América Airports by 3.5% in the 3rd quarter. abrdn plc now owns 336,900 shares of the company’s stock worth $5,882,000 after buying an additional 11,261 shares during the period. LMG Wealth Partners LLC lifted its holdings in shares of Corporación América Airports by 5.5% in the 2nd quarter. LMG Wealth Partners LLC now owns 83,559 shares of the company’s stock worth $1,390,000 after buying an additional 4,359 shares during the period. Finally, Quadrature Capital Ltd grew its position in shares of 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 in the last quarter. Hedge funds and other institutional investors own 12.95% of the company’s stock.

Corporación América Airports Price Performance

CAAP stock opened at $19.70 on Wednesday. Corporación América Airports S.A. has a 1-year low of $12.44 and a 1-year high of $19.98. The business has a 50-day moving average price of $18.08 and a 200 day moving average price of $17.20. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.30 and a current ratio of 1.32.

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