Corporacion America Airports S.A. $CAAP Shares Purchased by Lazard Asset Management LLC

Lazard Asset Management LLC raised its position in shares of Corporacion America Airports S.A. (NYSE:CAAP) by 45.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 103,565 shares of the company’s stock after acquiring an additional 32,603 shares during the period. Lazard Asset Management LLC owned approximately 0.06% of Corporacion America Airports worth $2,619,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Helikon Investments Ltd raised its holdings in shares of Corporacion America Airports by 1.0% in the 4th quarter. Helikon Investments Ltd now owns 13,565,960 shares of the company’s stock worth $352,715,000 after purchasing an additional 135,515 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Corporacion America Airports by 2.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,271,822 shares of the company’s stock worth $33,067,000 after purchasing an additional 29,590 shares during the period. BNP Paribas Financial Markets grew its stake in Corporacion America Airports by 52.1% during the fourth quarter. BNP Paribas Financial Markets now owns 752,402 shares of the company’s stock worth $19,562,000 after buying an additional 257,699 shares during the period. JPMorgan Chase & Co. increased its position in shares of Corporacion America Airports by 5.3% in the fourth quarter. JPMorgan Chase & Co. now owns 650,757 shares of the company’s stock worth $16,920,000 after acquiring an additional 32,652 shares in the last quarter. Finally, State Street Corp increased its position in shares of Corporacion America Airports by 3.6% in the fourth quarter. State Street Corp now owns 380,707 shares of the company’s stock worth $9,898,000 after acquiring an additional 13,271 shares in the last quarter. 12.95% of the stock is currently owned by institutional investors and hedge funds.

Corporacion America Airports Price Performance

CAAP opened at $25.85 on Friday. Corporacion America Airports S.A. has a twelve month low of $17.36 and a twelve month high of $30.50. The firm has a market cap of $4.27 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 0.70 and a beta of 0.69. The company has a current ratio of 1.40, a quick ratio of 1.38 and a debt-to-equity ratio of 0.50. The company has a fifty day simple moving average of $25.78 and a 200 day simple moving average of $26.24.

Corporacion America Airports (NYSE:CAAP) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.04). The firm had revenue of $537.62 million during the quarter, compared to analyst estimates of $470.63 million. Corporacion America Airports had a return on equity of 17.40% and a net margin of 13.79%. Equities research analysts expect that Corporacion America Airports S.A. will post 2.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Corporacion America Airports in a research note on Wednesday, June 24th. Zacks Research upgraded Corporacion America Airports from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. Wall Street Zen downgraded Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Finally, JPMorgan Chase & Co. raised their price objective on Corporacion America Airports from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Monday, June 15th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $30.12.

Corporacion America Airports Company Profile

Corporación América Airports SA operates as a global airport infrastructure and services company, specializing in the development, acquisition and management of airport concessions. Headquartered in Buenos Aires, Argentina, the firm oversees long-term agreements that cover the planning, design, financing and ongoing operation of airport facilities. Its integrated approach aims to enhance operational efficiency and passenger experience through modernized terminals and streamlined processes.

The company’s core activities encompass passenger handling, cargo operations and ancillary services such as retail concessions, food and beverage outlets, ground handling, fueling and airport parking.