Zacks Investment Research cut shares of Corporacion America Airports (NYSE:CAAP) from a hold rating to a sell rating in a research report sent to investors on Tuesday morning, Zacks.com reports.

According to Zacks, “Corporacion America Airports SA is a focused on acquiring, developing and operating airport concessions. The Company is a private sector airport operator. It operates primarily in Latin America, Europe and Eurasia. Corporacion America Airports SA is based in Luxembourg. “

Separately, Goldman Sachs Group reissued a buy rating on shares of Corporacion America Airports in a report on Thursday, January 24th.

CAAP stock opened at $7.95 on Tuesday. Corporacion America Airports has a one year low of $5.70 and a one year high of $13.24. The company has a current ratio of 1.18, a quick ratio of 1.16 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $1.27 billion, a PE ratio of 198.75, a P/E/G ratio of 1.13 and a beta of 2.02.

Corporacion America Airports (NYSE:CAAP) last released its earnings results on Thursday, April 11th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.18 by $0.07. Corporacion America Airports had a net margin of 1.91% and a return on equity of 2.38%. The firm had revenue of $371.00 million for the quarter. On average, equities research analysts predict that Corporacion America Airports will post -0.65 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in the stock. FMR LLC raised its stake in Corporacion America Airports by 13.9% during the fourth quarter. FMR LLC now owns 102,580 shares of the company’s stock valued at $680,000 after purchasing an additional 12,500 shares in the last quarter. BW Gestao de Investimentos Ltda. raised its stake in shares of Corporacion America Airports by 2.8% in the fourth quarter. BW Gestao de Investimentos Ltda. now owns 367,200 shares of the company’s stock valued at $2,435,000 after acquiring an additional 10,000 shares during the period. Millennium Management LLC raised its stake in shares of Corporacion America Airports by 19.1% in the fourth quarter. Millennium Management LLC now owns 101,212 shares of the company’s stock valued at $671,000 after acquiring an additional 16,244 shares during the period. River & Mercantile Asset Management LLP raised its stake in shares of Corporacion America Airports by 26.4% in the fourth quarter. River & Mercantile Asset Management LLP now owns 1,028,695 shares of the company’s stock valued at $6,831,000 after acquiring an additional 214,649 shares during the period. Finally, Legal & General Group Plc raised its stake in shares of Corporacion America Airports by 206.2% in the fourth quarter. Legal & General Group Plc now owns 23,111 shares of the company’s stock valued at $153,000 after acquiring an additional 15,564 shares during the period. 11.65% of the stock is currently owned by institutional investors.

About Corporacion America Airports

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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