79,716 Shares in Corporacion America Airports S.A. $CAAP Purchased by Vise Technologies Inc.

Vise Technologies Inc. acquired a new position in Corporacion America Airports S.A. (NYSE:CAAP) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 79,716 shares of the company’s stock, valued at approximately $2,007,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CAAP. Leonteq Securities AG purchased a new stake in shares of Corporacion America Airports in the 4th quarter worth approximately $65,000. Van ECK Associates Corp raised its stake in Corporacion America Airports by 119.4% during the fourth quarter. Van ECK Associates Corp now owns 2,808 shares of the company’s stock valued at $73,000 after buying an additional 1,528 shares during the last quarter. State of Wyoming bought a new stake in Corporacion America Airports in the second quarter worth $72,000. Aquatic Capital Management LLC bought a new stake in Corporacion America Airports in the third quarter worth $88,000. Finally, Quarry LP bought a new stake in Corporacion America Airports in the third quarter worth $108,000. Institutional investors own 12.95% of the company’s stock.

Wall Street Analysts Forecast Growth

CAAP has been the subject of several analyst reports. Wall Street Zen downgraded Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Corporacion America Airports in a research note on Wednesday, June 24th. Zacks Research upgraded shares of Corporacion America Airports from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Finally, JPMorgan Chase & Co. increased their price objective on shares of 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 research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Corporacion America Airports presently has an average rating of “Moderate Buy” and an average price target of $30.12.

Corporacion America Airports Price Performance

Shares of NYSE CAAP opened at $23.61 on Friday. The firm has a market cap of $3.90 billion, a P/E ratio of 13.26, a PEG ratio of 0.63 and a beta of 0.70. Corporacion America Airports S.A. has a twelve month low of $17.36 and a twelve month high of $30.50. The company has a quick ratio of 1.38, a current ratio of 1.51 and a debt-to-equity ratio of 0.48. The company has a 50 day moving average of $25.39 and a 200 day moving average of $25.95.

Corporacion America Airports (NYSE:CAAP) last issued its earnings results on Tuesday, August 18th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.18). The business had revenue of $534.04 million for the quarter, compared to analysts’ expectations of $497.52 million. Corporacion America Airports had a net margin of 13.58% and a return on equity of 16.69%. As a group, research analysts expect that Corporacion America Airports S.A. will post 2.2 EPS for the current fiscal year.

Corporacion America Airports Dividend Announcement

The firm also recently declared a dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.91 per share. The ex-dividend date of this dividend is Monday, August 31st.

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.