Corporacion America Airports S.A. Announces Dividend of $0.91 (NYSE:CAAP)

Corporacion America Airports S.A. (NYSE:CAAP) declared a dividend on Tuesday, August 18th. Shareholders of record on Monday, August 31st will be paid a dividend of 0.91 per share on Thursday, September 10th. The ex-dividend date is Monday, August 31st.

Corporacion America Airports Trading Down 4.0%

NYSE:CAAP opened at $23.06 on Wednesday. The company has a 50-day moving average price of $25.54 and a 200-day moving average price of $26.06. The stock has a market cap of $3.81 billion, a price-to-earnings ratio of 13.10, a P/E/G ratio of 0.67 and a beta of 0.70. The company has a current ratio of 1.40, a quick ratio of 1.38 and a debt-to-equity ratio of 0.50. Corporacion America Airports has a 12 month low of $17.36 and a 12 month high of $30.50.

Corporacion America Airports (NYSE:CAAP) last announced its quarterly earnings results on Tuesday, August 18th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.18). Corporacion America Airports had a net margin of 13.79% and a return on equity of 17.40%. The company had revenue of $534.04 million for the quarter, compared to analysts’ expectations of $497.52 million. Equities analysts predict that Corporacion America Airports will post 2.2 EPS for the current year.

Institutional Trading of Corporacion America Airports

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Qube Research & Technologies Ltd increased its position in Corporacion America Airports by 328.8% during the 2nd quarter. Qube Research & Technologies Ltd now owns 65,051 shares of the company’s stock valued at $1,318,000 after buying an additional 49,882 shares in the last quarter. Canada Pension Plan Investment Board grew its stake in shares of Corporacion America Airports by 49.5% in the second quarter. Canada Pension Plan Investment Board now owns 63,613 shares of the company’s stock worth $1,289,000 after acquiring an additional 21,052 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Corporacion America Airports by 2.9% during the second quarter. Raymond James Financial Inc. now owns 68,680 shares of the company’s stock valued at $1,391,000 after acquiring an additional 1,943 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Corporacion America Airports in the 2nd quarter worth about $295,000. Finally, PDT Partners LLC raised its position in shares of Corporacion America Airports by 63.8% in the 2nd quarter. PDT Partners LLC now owns 48,704 shares of the company’s stock worth $987,000 after purchasing an additional 18,972 shares during the last quarter. Hedge funds and other institutional investors own 12.95% of the company’s stock.

About Corporacion America Airports

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.