Copa Holdings, SA (CPA) Position Increased by Aperio Group LLC

Cornelia Mascio
Marzo 18, 2018

Somerset Capital Management Llp decreased its stake in Copa Holdings (CPA) by 16.46% based on its latest 2017Q3 regulatory filing with the SEC. The firm owned 329,200 shares of the transportation company's stock after selling 17,387 shares during the quarter. Allianz Asset Management GmbH owned about 0.74% of Copa worth $44,132,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its stake in Copa by 5.1% during the third quarter. Finally, Nationwide Fund Advisors increased its stake in Copa by 23.6% in the third quarter. Bamco Inc. NY raised its stake in Copa by 11.1% during the third quarter. Jefferies Group Llc bought 3,086 shares as the company's stock rose 4.80% with the market. Franklin Resources Inc. now owns 143,362 shares of the transportation company's stock worth $19,219,000 after buying an additional 396 shares during the period. Copa Holdings Sa now has $5.75 billion valuation. The stock of Copa Holdings, S.A. (NYSE:CPA) has "Neutral" rating given on Tuesday, August 16 by JP Morgan. The company has a current ratio of 1.13, a quick ratio of 1.06 and a debt-to-equity ratio of 0.41. Copa Holdings SA had 51 analyst reports since August 4, 2015 according to SRatingsIntel. The company has a market capitalization of $5,740.94, a PE ratio of 15.65, a PEG ratio of 0.87 and a beta of 1.80.

Copa (NYSE:CPA) last issued its earnings results on Wednesday, February 21st. The transportation company reported $2.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.33 by $0.03. Copa had a net margin of 14.64% and a return on equity of 18.25%. The institutional investor held 640,700 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $93.43M, up from 608,800 at the end of the previous reported quarter. The business's revenue was up 12.4% compared to the same quarter last year. equities research analysts predict that Copa Holdings, S.A. will post 10.35 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 15th. The ex-dividend date of this dividend was Friday, March 2nd. This represents a $3.48 annualized dividend and a dividend yield of 2.55%. This is a boost from Copa's previous quarterly dividend of $0.75. Copa's dividend payout ratio (DPR) is now 39.86%. The firm has "Hold" rating given on Wednesday, August 26 by Zacks. Stifel Nicolaus lifted their price objective on Copa from $120.00 to $135.00 and gave the company a "hold" rating in a research note on Friday, February 23rd. UBS set a $121.00 price target on Copa and gave the stock a "sell" rating in a research note on Friday, February 16th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The stock now has a consensus rating of "Hold" and a consensus price target of $145.38.

Copa Holdings, S.A. has a 12 month low of $106.10 and a 12 month high of $141.34. If you are reading this report on another site, it was stolen and republished in violation of worldwide trademark and copyright legislation. The legal version of this report can be read at Franklin Resources Inc. lifted its holdings in Copa by 0.3% during the 4th quarter.

Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services in Panama and internationally.

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