Copa Holdings SA (NYSE:CPA) hit a new 52-week high on Monday . The stock traded as high as $83.46 and last traded at $83.38, with a volume of 279,106 shares trading hands. The stock had previously closed at $82.08.

Several brokerages have weighed in on CPA. Zacks Investment Research upgraded shares of Copa Holdings SA from a “sell” rating to a “hold” rating in a research note on Wednesday, July 13th. Goldman Sachs Group Inc. raised their target price on shares of Copa Holdings SA from $62.00 to $71.00 and gave the company a “neutral” rating in a research note on Friday, August 5th. JPMorgan Chase & Co. lowered their target price on shares of Copa Holdings SA from $68.00 to $59.00 and set a “neutral” rating for the company in a research note on Monday, May 16th. Credit Suisse Group AG downgraded shares of Copa Holdings SA from an “outperform” rating to a “neutral” rating and set a $64.00 target price for the company. in a research note on Friday, May 6th. Finally, Cowen and Company raised their target price on shares of Copa Holdings SA from $49.00 to $72.00 and gave the company a “market perform” rating in a research note on Friday, August 5th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Copa Holdings SA currently has an average rating of “Hold” and a consensus price target of $71.42.

The stock’s market capitalization is $3.49 billion. The firm’s 50-day moving average price is $64.54 and its 200-day moving average price is $60.14.

Copa Holdings SA (NYSE:CPA) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported $0.51 EPS for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.19. The firm earned $494.40 million during the quarter, compared to analysts’ expectations of $487.28 million. The company’s revenue for the quarter was down 8.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.93 earnings per share. Equities analysts expect that Copa Holdings SA will post $4.69 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Wednesday, August 31st will be given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date of this dividend is Monday, August 29th.

Several large investors have recently made changes to their positions in CPA. State of New Jersey Common Pension Fund D increased its stake in shares of Copa Holdings SA by 9.6% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 110,220 shares of the company’s stock worth $5,319,000 after buying an additional 9,700 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Copa Holdings SA by 10.7% in the fourth quarter. Wells Fargo & Company MN now owns 276,193 shares of the company’s stock worth $13,329,000 after buying an additional 26,730 shares in the last quarter. Morgan Stanley increased its stake in shares of Copa Holdings SA by 15.6% in the fourth quarter. Morgan Stanley now owns 1,029,961 shares of the company’s stock worth $49,706,000 after buying an additional 139,235 shares in the last quarter. Finally, Rhumbline Advisers increased 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 in the last quarter.

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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