RWC Asset Advisors US LLC bought a new position in Corporacion America Airports SA (NYSE:CAAP) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,323,245 shares of the company’s stock, valued at approximately $22,034,000. Corporacion America Airports accounts for about 5.9% of RWC Asset Advisors US LLC’s investment portfolio, making the stock its 7th largest position. RWC Asset Advisors US LLC owned approximately 2.08% of Corporacion America Airports at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Legal & General Group Plc bought a new stake in shares of Corporacion America Airports during the 3rd quarter valued at $64,000. Renaissance Technologies LLC bought a new stake in shares of Corporacion America Airports during the 3rd quarter valued at $587,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Corporacion America Airports by 4.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 112,038 shares of the company’s stock valued at $743,000 after acquiring an additional 4,698 shares during the period. FMR LLC grew its position in shares of Corporacion America Airports by 45.1% during the 3rd quarter. FMR LLC now owns 90,080 shares of the company’s stock valued at $769,000 after acquiring an additional 28,000 shares during the period. Finally, Standard Life Aberdeen plc grew its position in shares of Corporacion America Airports by 63.2% during the 3rd quarter. Standard Life Aberdeen plc now owns 93,000 shares of the company’s stock valued at $794,000 after acquiring an additional 36,024 shares during the period. 11.65% of the stock is owned by institutional investors and hedge funds.
A number of equities research analysts have recently issued reports on the stock. Oppenheimer set a $12.00 price objective on shares of Corporacion America Airports and gave the company a “buy” rating in a research report on Tuesday, November 27th. Goldman Sachs Group reissued a “buy” rating on shares of Corporacion America Airports in a research report on Thursday, January 24th. Finally, Zacks Investment Research downgraded shares of Corporacion America Airports from a “hold” rating to a “sell” rating in a research report on Tuesday, January 1st.
Shares of Corporacion America Airports stock opened at $8.33 on Wednesday. The firm has a market capitalization of $1.35 billion and a P/E ratio of 17.72. The company has a quick ratio of 1.25, a current ratio of 1.27 and a debt-to-equity ratio of 1.00. Corporacion America Airports SA has a fifty-two week low of $5.70 and a fifty-two week high of $13.91.
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Corporacion America Airports Profile
Corporación América Airports SA acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly knwona as A.C.I. Airports International S.à r.l. The company was founded in 1998 and is based in Luxembourg City, Luxembourg. Corporación América Airports SA is a subsidiary of A.C.I.
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