Copa Holdings SA (NYSE:CPA) traded up 8.8% on Tuesday . The stock traded as high as $63.67 and last traded at $63.27, with a volume of 554,633 shares trading hands. The stock had previously closed at $58.16.

Several research firms have recently weighed in on CPA. Bank of America Corp. upgraded Copa Holdings SA from a “neutral” rating to a “buy” rating in a research note on Monday. Zacks Investment Research cut Copa Holdings SA from a “hold” rating to a “sell” rating in a research note on Tuesday, June 28th. Goldman Sachs Group Inc. cut Copa Holdings SA to a “hold” rating in a research note on Wednesday, June 15th. Raymond James Financial Inc. restated an “outperform” rating on shares of Copa Holdings SA in a research note on Wednesday, June 15th. Finally, Wolfe Research cut Copa Holdings SA from a “market perform” rating to an “underperform” rating in a research note on Friday, June 10th. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $64.27.

The firm’s market cap is $2.64 billion. The stock has a 50 day moving average price of $52.97 and a 200 day moving average price of $56.62.

Copa Holdings SA (NYSE:CPA) last posted its quarterly earnings data on Thursday, May 5th. The company reported $1.66 EPS for the quarter, topping the Zacks’ consensus estimate of $1.46 by $0.20. The firm earned $557.07 million during the quarter, compared to the consensus estimate of $547.37 million. The firm’s quarterly revenue was down 11.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.41 EPS. On average, equities research analysts predict that Copa Holdings SA will post $3.79 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 15th. Stockholders of record on Tuesday, May 31st were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date was Thursday, May 26th.

Several large investors recently made changes to their positions in CPA. Rhumbline Advisers raised its stake in shares of Copa Holdings SA by 1.1% in the fourth quarter. Rhumbline Advisers now owns 21,348 shares of the company’s stock worth $1,030,000 after buying an additional 238 shares during the period. Amica Pension Fund Board of Trustees raised its stake in shares of Copa Holdings SA by 70.6% in the fourth quarter. Amica Pension Fund Board of Trustees now owns 40,911 shares of the company’s stock worth $1,974,000 after buying an additional 16,936 shares during the period. Amica Mutual Insurance Co. raised its stake in shares of Copa Holdings SA by 61.9% in the fourth quarter. Amica Mutual Insurance Co. now owns 59,979 shares of the company’s stock worth $2,895,000 after buying an additional 22,927 shares during the period. California State Teachers Retirement System raised its stake in shares of Copa Holdings SA by 1.7% in the fourth quarter. California State Teachers Retirement System now owns 62,958 shares of the company’s stock worth $3,038,000 after buying an additional 1,023 shares during the period. Finally, First Trust Advisors LP raised its stake in shares of Copa Holdings SA by 30.6% in the fourth quarter. First Trust Advisors LP now owns 85,452 shares of the company’s stock worth $4,124,000 after buying an additional 20,009 shares during the period.

Copa Holdings, SA (Copa Holdings) is a Latin American provider of airline passenger and cargo service through its two principal operating subsidiaries, Copa Airlines and Copa Colombia. Copa Airlines operates from its located position in the Republic of Panama, and Copa Colombia provides service within Colombia and international flights from various cities in Colombia to Panama, Venezuela, Ecuador, Mexico, Cuba, Guatemala and Costa Rica.

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