WINTON GROUP Ltd Takes $531,000 Position in Copa Holdings, S.A. $CPA

WINTON GROUP Ltd acquired a new stake in Copa Holdings, S.A. (NYSE:CPA) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,400 shares of the transportation company’s stock, valued at approximately $531,000.

Other institutional investors also recently modified their holdings of the company. US Bancorp DE boosted its stake in shares of Copa by 90.2% in the 3rd quarter. US Bancorp DE now owns 253 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 120 shares during the last quarter. Triumph Capital Management bought a new stake in shares of Copa in the 3rd quarter valued at $36,000. Jones Financial Companies Lllp boosted its stake in shares of Copa by 100.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 364 shares of the transportation company’s stock valued at $43,000 after purchasing an additional 182 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of Copa in the 3rd quarter valued at $50,000. Finally, Fifth Third Bancorp boosted its stake in shares of Copa by 90.7% in the 3rd quarter. Fifth Third Bancorp now owns 429 shares of the transportation company’s stock valued at $51,000 after purchasing an additional 204 shares during the last quarter. 70.09% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on CPA shares. UBS Group upped their price objective on shares of Copa from $185.00 to $195.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. The Goldman Sachs Group boosted their target price on shares of Copa from $138.00 to $156.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Citigroup dropped their target price on shares of Copa from $155.00 to $140.00 and set a “buy” rating on the stock in a research report on Tuesday, March 17th. Barclays dropped their target price on shares of Copa from $185.00 to $165.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 24th. Finally, Wall Street Zen upgraded shares of Copa from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Copa currently has a consensus rating of “Buy” and a consensus price target of $167.30.

Copa Stock Performance

Shares of CPA stock opened at $128.48 on Thursday. The firm has a 50-day moving average of $125.19 and a 200-day moving average of $126.93. The company has a market cap of $5.29 billion, a P/E ratio of 7.49, a P/E/G ratio of 1.08 and a beta of 1.00. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.16 and a quick ratio of 1.06. Copa Holdings, S.A. has a one year low of $99.32 and a one year high of $156.41.

Copa (NYSE:CPA) last posted its quarterly earnings results on Wednesday, May 13th. The transportation company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.43 by $0.73. The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.04 billion. Copa had a net margin of 18.76% and a return on equity of 26.01%. The firm’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.28 earnings per share. Equities research analysts forecast that Copa Holdings, S.A. will post 15.18 EPS for the current fiscal year.

Copa Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a dividend of $1.71 per share. The ex-dividend date is Friday, May 29th. This represents a $6.84 annualized dividend and a yield of 5.3%. Copa’s dividend payout ratio is presently 39.88%.

Copa Profile

Copa Holdings, SA (NYSE:CPA) is a Panama?based aviation holding company that provides passenger and cargo air transportation across the Americas and the Caribbean. Through its principal subsidiary, Copa Airlines, the company operates a modern fleet of Boeing 737 aircraft, offering scheduled flights that connect passengers through its Tocumen International Airport hub in Panama City. The company also offers dedicated cargo services under the Copa Cargo brand, leveraging belly hold capacity on its passenger flights to transport freight throughout its network.

The roots of Copa Holdings trace back to 1947, when Compañía Panameña de Aviación began operations as the flag carrier of Panama.