JPMorgan Chase & Co. Decreases Stake in Corporación América Airports S.A. (NYSE:CAAP)

JPMorgan Chase & Co. decreased its holdings in Corporación América Airports S.A. (NYSE:CAAP) by 0.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 695,266 shares of the company’s stock after selling 1,026 shares during the period. JPMorgan Chase & Co. owned approximately 0.43% of Corporación América Airports worth $12,139,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CAAP. Quarry LP acquired a new stake in shares of Corporación América Airports in the second quarter valued at about $38,000. Metis Global Partners LLC boosted its holdings in Corporación América Airports by 33.5% in the 3rd quarter. Metis Global Partners LLC now owns 13,958 shares of the company’s stock worth $244,000 after acquiring an additional 3,501 shares during the period. Rhumbline Advisers acquired a new stake in Corporación América Airports in the second quarter valued at approximately $98,000. Meixler Investment Management Ltd. raised its stake in shares of Corporación América Airports by 23.7% during the third quarter. Meixler Investment Management Ltd. now owns 31,051 shares of the company’s stock valued at $542,000 after purchasing an additional 5,950 shares during the period. Finally, Citigroup Inc. lifted its position in shares of Corporación América Airports by 0.6% during the third quarter. Citigroup Inc. now owns 1,050,579 shares of the company’s stock worth $18,343,000 after purchasing an additional 6,600 shares in the last quarter. 12.95% of the stock is owned by institutional investors and hedge funds.

Corporación América Airports Price Performance

Shares of CAAP stock opened at $18.89 on Friday. The firm has a fifty day simple moving average of $19.16 and a 200-day simple moving average of $17.58. The company has a market capitalization of $3.08 billion, a PE ratio of 8.75 and a beta of 1.99. Corporación América Airports S.A. has a twelve month low of $13.74 and a twelve month high of $20.79. The company has a current ratio of 1.29, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71.

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.